Interim report January - September 2010

Interim report January - September 2010

Highlights of the third quarter of 2010

  · Net sales amounted to SEK 26,326m (27,617) and income for the period
was SEK 1,381m (1,631), or SEK 4.85 (5.74) per share.

  · Net sales decreased by 2.3% in comparable currencies.

  · Strong growth in Latin America and Asia/Pacific partly offset lower
sales volumes in Europe and North America.

  · Operating income amounted to SEK 1,977m (2,234), corresponding to a
margin of 7.5% (8.1), excluding items affecting comparability.

  · Operating margin for the first nine months reached 6.1%, excluding
items
affecting comparability.

  · Product mix improvements continued to have a positive effect on
income.

  · Strong performance for the operations in Europe, Asia/Pacific and
for
Professional Products.

  · Operating income in North America declined, following a weak US
market,
higher costs for raw materials and increased price promotion.

Telephone conference
A telephone conference is held at 15.00 CET on October 27, 2010. The
conference is chaired by Hans Stråberg, President and CEO of Electrolux.
Mr. Stråberg is accompanied by Jonas Samuelson, CFO, and Peter Nyquist,
Head of Investor Relations and Financial Information.

A slide presentation on the third-quarter results of 2010 will be
available on the Electrolux website www.electrolux.com/ir

Details for participation by telephone are as follows:
Participants in Sweden should call +46 (0)8 505 598 53
Participants in UK/Europe should call +44 (0)20 3043 2436
Participants in US should call +1 866 458 4087

You can also listen to the presentation at
http://www.electrolux.com/webcast1 

For further information
Peter Nyquist, Head of Investor Relations and Financial Information: +46
(0)8 738 60 03.
Financial information from Electrolux is also available at
www.electrolux.com/ir