Bifogade filer
Kurs & Likviditet
Kalender
2024-10-25 | Kvartalsrapport 2024-Q3 |
2024-07-19 | Kvartalsrapport 2024-Q2 |
2024-04-26 | Kvartalsrapport 2024-Q1 |
2024-03-28 | Ordinarie utdelning ELUX A 0.00 SEK |
2024-03-28 | Ordinarie utdelning ELUX B 0.00 SEK |
2024-03-27 | Årsstämma 2024 |
2024-02-02 | Bokslutskommuniké 2023 |
2023-10-27 | Kvartalsrapport 2023-Q3 |
2023-07-20 | Kvartalsrapport 2023-Q2 |
2023-04-28 | Kvartalsrapport 2023-Q1 |
2023-03-30 | Ordinarie utdelning ELUX B 0.00 SEK |
2023-03-30 | Ordinarie utdelning ELUX A 0.00 SEK |
2023-03-29 | Årsstämma 2023 |
2023-02-02 | Bokslutskommuniké 2022 |
2022-10-28 | Kvartalsrapport 2022-Q3 |
2022-09-29 | Halvårsutdelning ELUX B 4.6 |
2022-09-29 | Halvårsutdelning ELUX A 4.6 |
2022-07-21 | Kvartalsrapport 2022-Q2 |
2022-04-29 | Kvartalsrapport 2022-Q1 |
2022-03-31 | Halvårsutdelning ELUX B 4.6 |
2022-03-31 | Halvårsutdelning ELUX A 4.6 |
2022-03-30 | Årsstämma 2022 |
2022-01-28 | Bokslutskommuniké 2021 |
2021-10-27 | Kvartalsrapport 2021-Q3 |
2021-10-04 | Inlösen ELUX A 17 |
2021-10-04 | Inlösen ELUX B 17 |
2021-09-28 | Halvårsutdelning ELUX B 4 |
2021-09-28 | Halvårsutdelning ELUX A 4 |
2021-08-27 | Extra Bolagsstämma 2021 |
2021-07-20 | Kvartalsrapport 2021-Q2 |
2021-04-28 | Kvartalsrapport 2021-Q1 |
2021-03-26 | Halvårsutdelning ELUX B 4 |
2021-03-26 | Halvårsutdelning ELUX A 4 |
2021-03-25 | Årsstämma 2021 |
2021-02-02 | Bokslutskommuniké 2020 |
2020-11-04 | Ordinarie utdelning ELUX B 7.00 SEK |
2020-11-04 | Ordinarie utdelning ELUX A 7.00 SEK |
2020-11-03 | Extra Bolagsstämma 2020 |
2020-10-23 | Kvartalsrapport 2020-Q3 |
2020-07-17 | Kvartalsrapport 2020-Q2 |
2020-05-07 | Kvartalsrapport 2020-Q1 |
2020-03-31 | Årsstämma 2020 |
2020-01-31 | Bokslutskommuniké 2019 |
2019-10-25 | Kvartalsrapport 2019-Q3 |
2019-10-10 | Halvårsutdelning ELUX A 4.25 |
2019-10-10 | Halvårsutdelning ELUX B 4.25 |
2019-07-18 | Kvartalsrapport 2019-Q2 |
2019-04-26 | Kvartalsrapport 2019-Q1 |
2019-04-11 | Halvårsutdelning ELUX A 4.25 |
2019-04-11 | Halvårsutdelning ELUX B 4.25 |
2019-04-10 | Årsstämma 2019 |
2019-02-01 | Bokslutskommuniké 2018 |
2018-10-26 | Kvartalsrapport 2018-Q3 |
2018-10-08 | Halvårsutdelning ELUX B 4.15 |
2018-10-08 | Halvårsutdelning ELUX A 4.15 |
2018-07-18 | Kvartalsrapport 2018-Q2 |
2018-04-27 | Kvartalsrapport 2018-Q1 |
2018-04-06 | Halvårsutdelning ELUX B 4.15 |
2018-04-06 | Halvårsutdelning ELUX A 4.15 |
2018-04-05 | Årsstämma 2018 |
2018-01-31 | Bokslutskommuniké 2017 |
2017-10-27 | Kvartalsrapport 2017-Q3 |
2017-09-26 | Halvårsutdelning ELUX A 3.75 |
2017-09-26 | Halvårsutdelning ELUX B 3.75 |
2017-07-19 | Kvartalsrapport 2017-Q2 |
2017-04-28 | Kvartalsrapport 2017-Q1 |
2017-03-24 | Halvårsutdelning ELUX A 3.75 |
2017-03-24 | Halvårsutdelning ELUX B 3.75 |
2017-03-23 | Årsstämma 2017 |
2017-02-01 | Bokslutskommuniké 2016 |
2016-10-28 | Kvartalsrapport 2016-Q3 |
2016-07-20 | Kvartalsrapport 2016-Q2 |
2016-04-28 | Kvartalsrapport 2016-Q1 |
2016-04-07 | Ordinarie utdelning ELUX A 6.50 SEK |
2016-04-07 | Ordinarie utdelning ELUX B 6.50 SEK |
2016-04-06 | Årsstämma 2016 |
2016-02-24 | Kapitalmarknadsdag 2016 |
2016-01-28 | Bokslutskommuniké 2015 |
2015-11-19 | Kapitalmarknadsdag 2015 |
2015-10-23 | Kvartalsrapport 2015-Q3 |
2015-07-17 | Kvartalsrapport 2015-Q2 |
2015-04-24 | Kvartalsrapport 2015-Q1 |
2015-03-27 | Ordinarie utdelning ELUX A 6.50 SEK |
2015-03-27 | Ordinarie utdelning ELUX B 6.50 SEK |
2015-03-26 | Årsstämma 2015 |
2015-01-28 | Bokslutskommuniké 2014 |
2014-11-20 | Kapitalmarknadsdag 2014 |
2014-10-20 | Analytiker möte 2014 |
2014-10-20 | Kvartalsrapport 2014-Q3 |
2014-07-18 | Kvartalsrapport 2014-Q2 |
2014-04-25 | Kvartalsrapport 2014-Q1 |
2014-03-27 | Ordinarie utdelning ELUX A 6.50 SEK |
2014-03-27 | Ordinarie utdelning ELUX B 6.50 SEK |
2014-03-26 | Årsstämma 2014 |
2014-01-31 | Bokslutskommuniké 2013 |
2013-10-25 | Kvartalsrapport 2013-Q3 |
2013-07-19 | Kvartalsrapport 2013-Q2 |
2013-04-25 | Kvartalsrapport 2013-Q1 |
2013-03-27 | Ordinarie utdelning ELUX A 6.50 SEK |
2013-03-27 | Ordinarie utdelning ELUX B 6.50 SEK |
2013-03-26 | Årsstämma 2013 |
2013-02-01 | Bokslutskommuniké 2012 |
2012-11-14 | Kapitalmarknadsdag 2012 |
2012-10-22 | Analytiker möte 2012 |
2012-10-22 | Kvartalsrapport 2012-Q3 |
2012-07-19 | Kvartalsrapport 2012-Q2 |
2012-04-25 | Kvartalsrapport 2012-Q1 |
2012-03-28 | Ordinarie utdelning ELUX B 6.50 SEK |
2012-03-28 | Ordinarie utdelning ELUX A 6.50 SEK |
2012-03-27 | Årsstämma 2012 |
2012-02-02 | Bokslutskommuniké 2011 |
2011-11-15 | Kapitalmarknadsdag 2011 |
2011-10-28 | Kvartalsrapport 2011-Q3 |
2011-07-19 | Kvartalsrapport 2011-Q2 |
2011-04-27 | Kvartalsrapport 2011-Q1 |
2011-04-01 | Ordinarie utdelning ELUX B 6.50 SEK |
2011-04-01 | Ordinarie utdelning ELUX A 6.50 SEK |
2011-03-31 | Årsstämma 2011 |
2011-02-02 | Bokslutskommuniké 2010 |
2010-10-27 | Kvartalsrapport 2010-Q3 |
2010-07-19 | Kvartalsrapport 2010-Q2 |
2010-04-27 | Kvartalsrapport 2010-Q1 |
2010-03-31 | Ordinarie utdelning ELUX B 4.00 SEK |
2010-03-31 | Ordinarie utdelning ELUX A 4.00 SEK |
2010-03-30 | Årsstämma 2010 |
2010-02-03 | Bokslutskommuniké 2009 |
2009-10-26 | Kvartalsrapport 2009-Q3 |
2009-07-16 | Kvartalsrapport 2009-Q2 |
2009-04-22 | Kvartalsrapport 2009-Q1 |
2009-04-01 | Ordinarie utdelning ELUX B 0.00 SEK |
2009-04-01 | Ordinarie utdelning ELUX A 0.00 SEK |
2009-03-31 | Årsstämma 1 |
2008-04-02 | Ordinarie utdelning ELUX B 4.25 SEK |
2008-04-02 | Ordinarie utdelning ELUX A 4.25 SEK |
2007-04-17 | Ordinarie utdelning ELUX A 4.00 SEK |
2007-04-17 | Ordinarie utdelning ELUX B 4.00 SEK |
2007-01-03 | Inlösen ELUX B 20 |
2007-01-03 | Inlösen ELUX A 20 |
2006-04-25 | Ordinarie utdelning ELUX A 7.50 SEK |
2006-04-25 | Ordinarie utdelning ELUX B 7.50 SEK |
2005-04-21 | Ordinarie utdelning ELUX A 7.00 SEK |
2005-04-21 | Ordinarie utdelning ELUX B 7.00 SEK |
2004-04-22 | Ordinarie utdelning ELUX B 6.00 SEK |
2004-04-22 | Ordinarie utdelning ELUX A 6.50 SEK |
2003-04-23 | Ordinarie utdelning ELUX B 6.00 SEK |
2003-04-23 | Ordinarie utdelning ELUX A 6.00 SEK |
2002-04-19 | Ordinarie utdelning ELUX A 4.50 SEK |
2002-04-19 | Ordinarie utdelning ELUX B 4.50 SEK |
2001-04-25 | Ordinarie utdelning ELUX B 4.00 SEK |
2001-04-25 | Ordinarie utdelning ELUX A 4.00 SEK |
2000-04-26 | Ordinarie utdelning ELUX A 3.50 SEK |
2000-04-26 | Ordinarie utdelning ELUX B 3.50 SEK |
1999-04-28 | Ordinarie utdelning ELUX B 3.00 SEK |
1999-04-28 | Ordinarie utdelning ELUX A 3.00 SEK |
1998-06-02 | Split ELUX B 1:5 |
1998-06-02 | Split ELUX A 1:5 |
Beskrivning
Land | Sverige |
---|---|
Lista | Large Cap Stockholm |
Sektor | Handel & varor |
Industri | Sällanköpsvaror |
The comments and figures in this report refer to continuing operations unless otherwise stated
Highlights of the third quarter of 2020- Net sales amounted to SEK 32,004m (30,330). Organic sales increased by 15.2%.
- Record high operating income of SEK 3,220m (1,063), corresponding to a margin of 10.1% (3.5), mainly driven by strong volumes and prices. The comparison period included non-recurring items of SEK -290m.
- Significant market recovery driven mainly by pent-up demand and government stimulus programs.
- Income for the period amounted to SEK 2,356m (610) and earnings per share was SEK 8.20 (2.12).
- Operating cash flow after investments was SEK 6,005m (2,499).
- The Board proposes to reinstate a dividend for 2019 of SEK 7.00 (8.50) per share, to be paid in one instalment.
President and CEO Jonas Samuelson's comment
In the third quarter Electrolux reported record earnings of SEK 3,220m, or 10.1% of net sales, driven by pent-up demand and government stimulus programs impacting consumer spending. This drove significant volume growth, and positive price and mix improvement, resulting in organic sales growth of 15.2%. The record high operating income translated into a strong operating cash flow after investments of SEK 6,005m.
The strong demand in the quarter was to a significant extent a recovery of the very low market volumes in March-May due to store closures and restrictions on movement. Demand was further enhanced by stimulus programs, more than compensating for the weaker economy caused by the pandemic. Due to pandemic restrictions during the first half of the year, we entered the quarter with unusually low inventory levels, which have remained during the quarter despite high production levels, somewhat impacting our ability to meet the strong demand across all regions.
Sales also benefitted from consumers spending more time at home, using their appliances more intensively and allocating more of their household budgets to home improvement. This in combination with our relentless focus on consumer experience innovation has continued to improve demand for our more highly featured products, driving favorable product mix.
One great experience innovation example is the Frigidaire Gallery AirFry cooker that recently received the 2020 innovation award at the Home Depot. The AirFry cooker also delivers a significantly higher gross margin compared to traditional cookers. Innovation is truly a key pillar for creating value and that is why we will showcase how we are driving profitable growth through innovation at our online Capital Markets Update on November 17.
The Board of Directors proposed to reinstate a dividend for the fiscal year 2019 based on the recovery in earnings and cash flow. The proposed dividend of SEK 7 per share will be up for decision at an Extraordinary General Meeting on November 3. Our strong commitment to sustainability remains unchanged with the target of climate neutrality by 2050, and I am pleased that the long-term incentive program for senior managers proposed by the Board includes a substantial climate impact reduction element.
Looking into the fourth quarter, visibility remains limited as demand may be impacted by several factors, especially as the pandemic is still very much present. However, we currently anticipate that consumer demand and thus financial performance will normalize gradually going forward. Considering this and the catch-up effect during the third quarter, we are revising our market outlook for the full-year 2020 upwards. We anticipate market demand for appliances in Europe to be slightly positive, in North America to be slightly positive to positive and in Latin America to be positive. It is only the combined demand in our larger markets in the Asia-Pacific, Middle East and Africa region that we still expect to be negative for 2020.
I am very proud of how we as an organization successfully have navigated in these challenging times. My colleagues around the world has done a great job in executing on our strategy. That is why I am confident that Electrolux remains well positioned to create value.
Telephone conference 09.00 CET
A telephone conference is held at 09.00 CET today, October 23. Jonas Samuelson, President and CEO and Therese Friberg, CFO will comment on the report.
Details for participation by telephone are as follows:
Participants in Sweden: +46 8 566 426 51
Participants in UK/Europe: +44 3333 000 804
Participants in US: +1 631 9131 422
Pin code: 36830556#
Slide presentation for download:
www.electroluxgroup.com/ir
Link to webcast:
https://edge.media-server.com/mmc/p/yv4vxegt
Sophie Arnius, Head of Investor Relations +46 70 590 80 72
Åsa Öhman, Electrolux Press Hotline, +46 8 657 65 07
This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 0800 CET on October 23, 2020.