Electrolux highlights sustainable home innovation
Tara Moonan discusses energy reduction targets and a 2030 goal for recycled materials in products at New York Climate Week.
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Manufacturer of household and small domestic appliances
electrolux.fiLast updated
In short: Electrolux posted stronger-than-expected Q2, with shares up 21%, amid Midea partnership, tariff refunds, and Italy/Argentina restructuring.
Tara Moonan discusses energy reduction targets and a 2030 goal for recycled materials in products at New York Climate Week.
The company posted a net loss due to SEK -2.2bn non-recurring items from its Midea partnership and tariff costs despite improved operating cash flow.
Q1 results show a net loss due to North American challenges. The company partners with Midea and launches a SEK 9bn rights issue for growth.
CEO Yannick Fierling and executives present strategy and financial priorities to investors and analysts in Stockholm.
Midea Group and Electrolux Group are advancing their long-term strategic partnership in North America as all three joint ventures are now live. This milestone brings...
Electrolux's industrial plan remains substantially unchanged. After two days of discussions at the Ministry of Enterprises and Made in Italy, the multinational...
Last Friday, the appliance factory announced it would import finished products and lay off around 200 workers. However, it...
Shoppers generally expect ovens sold by well-known brands and through big-box stores to meet basic safety standards.
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