Cision Wire http://www.cisionwire.dk Cision is the leading global provider of media research, distribution, monitoring and evaluation services. With over 40 locations throughout the world, Cision provides the insight, expertise and intelligence that improve performance and build reputations. Sun, 12 Feb 2012 04:08:39 GMT Cision Wire 120 32 http://www.cisionwire.dk http://www.cisionwire.dk/images/CisionLogoSmall.gif President and CEO Keith McLoughlin’s comments on the results for the fourth quarter and full year of 2011 http://www.cisionwire.dk/electrolux/r/president-and-ceo-keith-mcloughlin-s-comments-on-the-results-for-the-fourth-quarter-and-full-year-of,c9214598 cision446190 Maneuvering in a tough environment

The appliance market in the fourth quarter of 2011 remained very competitive. The headwinds of price pressure, higher raw-material costs and weak demand grew stronger as the year progressed. Despite this challenging environment, we were able to generate an underlying operating income of SEK 4 billion in 2011. Furthermore, we have taken actions to increase prices, take out costs, acquire companies in emerging markets and change the organization to strengthen the company’s position as we entered 2012.

]]> Thu, 02 Feb 2012 06:51:00 GMT Consolidated results 2011 http://www.cisionwire.dk/electrolux/r/consolidated-results-2011,c9214597 cision446186

]]> Thu, 02 Feb 2012 06:50:00 GMT Electrolux appoints Stefano Marzano to the new role of Chief Design Officer http://www.cisionwire.dk/electrolux/r/electrolux-appoints-stefano-marzano-to-the-new-role-of-chief-design-officer,c9205419 cision437247 Stefano Marzano has been appointed Chief Design Officer, a new role at Electrolux. Marzano will lead a new Group staff function gathering all the design related competencies in the Group. The changes enable Electrolux to increase the relevance and speed with which innovative solutions are taken to market.

]]> Tue, 10 Jan 2012 07:00:00 GMT Electrolux specifies overhead cost savings http://www.cisionwire.dk/electrolux/r/electrolux-specifies-overhead-cost-savings,c9201418 cision432127 As communicated at the Capital Markets Day in November, Electrolux is reducing overhead costs in all regions. Savings from these measures will amount to SEK 680 million annually and incur a cost of SEK 630 million. 

]]> Tue, 20 Dec 2011 07:30:00 GMT Electrolux signs revolving credit facility http://www.cisionwire.dk/electrolux/r/electrolux-signs-revolving-credit-facility,c9199184 cision429607 Electrolux has entered into a new EUR 500 million multi-currency revolving credit facility agreement with a group of 11 banks.

]]> Tue, 13 Dec 2011 13:15:00 GMT Conversion of shares http://www.cisionwire.dk/electrolux/r/conversion-of-shares,c9193892 cision424207 According to AB Electrolux articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. In November, 2011, at the request of shareholders, 100,000 Class A shares were converted to Class B shares.

]]> Wed, 30 Nov 2011 11:00:00 GMT Electrolux hosts Capital Markets Day http://www.cisionwire.dk/electrolux/r/electrolux-hosts-capital-markets-day,c9186907 cision417369 At today’s capital markets day, the President and CEO of Electrolux Keith McLoughlin will present the Group’s strategy to create sustainable economic value. Management will present actions to improve operational excellence which are estimated to provide annual savings of SEK 5.1 billion, an increase of SEK 2.6 billion compared to what was previously communicated.

]]> Tue, 15 Nov 2011 07:00:00 GMT President and CEO Keith McLoughlin’s comments on the results for the third quarter of 2011 http://www.cisionwire.dk/electrolux/r/president-and-ceo-keith-mcloughlin-s-comments-on-the-results-for-the-third-quarter-of-2011,c9179925 cision410835 Continued tough market conditions in the quarter

Third-quarter results were impacted by continued tough market conditions. Demand declined further in several of Electrolux main markets in Southern Europe and the US, at the same time as the cost of raw materials increased. Aside from continuing improving price and mix, we must acce­lerate our efforts to adapt our cost structure. In this challenging environment, we have been able to continue generating solid cash flow.

]]> Fri, 28 Oct 2011 05:51:00 GMT Interim report January – September 2011 http://www.cisionwire.dk/electrolux/r/interim-report-january---september-2011,c9179915 cision410833

]]> Fri, 28 Oct 2011 05:50:00 GMT Dialight DuroSite® LED Low Bay Fixture Certified by DesignLights™ Consortium http://www.cisionwire.dk/dialight/r/dialight-durosite--led-low-bay-fixture-certified-by-designlights--consortium,c9177768 cision408900 Maintenance-Free, Low-Glare Fixture Added to DLC Qualified Products List under Parking Garage Luminaire Category, Now Pre-Qualified for Utility Rebates

]]> Mon, 24 Oct 2011 14:54:44 GMT