Electrolux interim report January-June 2014

Highlights of the second quarter of 2014

  · Net sales amounted to SEK 26,330m (27,674).
  · Sales declined by 4.9%, whereof currencies had a negative impact of
1.1%.
  · Operating income improved for major appliances in Europe and North America
and for Professional Products. Good performance in Latin America in a weak
market.
  · Operating income, excluding items affecting comparability, amounted to SEK
1,167m (1,037), an improvement of 13%.
  · Strong cash flow of SEK 3.3bn (2.6).
  · Restructuring costs of SEK 1.1bn for the previously announced program
charged to operating income within items affecting comparability.
  · Income for the period, including items affecting comparability, was SEK –92m
(642), and earnings per share SEK –0.32 (2.24).

Telephone conference

A telephone conference is held at 09.00 CET on July 18, 2014. The conference is
chaired by Keith McLoughlin, President and CEO of Electrolux. Mr. McLoughlin is
accompanied by Tomas Eliasson, CFO.

A slide presentation on the second-quarter results of 2014 will be available on
the Electrolux website http://www.electrolux.com/ir

Details for participation by telephone are as follows:

Participants in Sweden should call +46 8 505 564 74

Participants in UK/Europe should call +44 203 364 5374

Participants in US should call +1 855 753 2230

You can also listen to the presentation on the internet at
http://www.electrolux.com/interim-report-webcast
For further information, please contact:

Catarina Ihre, Vice President Investor Relations at +46 (0)8 738 60 87

Merton Kaplan, Analyst Investor Relations at +46 (0)8 738 70 06

Electrolux discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 07.50 CET on July 18, 2014
Electrolux is a global leader in home appliances, based on deep consumer insight
and developed in close collaboration with professional users. We offer
thoughtfully designed, innovative solutions for households and businesses, with
products such as refrigerators, dishwashers, washing machines, cookers, vacuum
cleaners, air conditioners and small domestic appliances. Under esteemed brands
including Electrolux, AEG, Zanussi, Frigidaire and Electrolux Grand Cuisine, the
Group sells more than 50 million products to customers in more than 150 markets
every year. In 2013, Electrolux had sales of SEK 109 billion and 61,000
employees. For more information go to http://group.electrolux.com.