OverviewSuggest Edit

Electrolux is a company specializing in home appliances and appliances for professional use. It offers refrigerators, ovens, cookers, hobs, dishwashers, washing machines, vacuum cleaners, air conditioners, and small domestic appliances. Its brands include Electrolux, AEG, Zanussi, Frigidaire and Electrolux Grand Cuisine.

TypePublic
Founded1919
HQStockholm, SE
Websiteelectrolux.com

Latest Updates

Employees (est.) (Dec 2019)48,652(-10%)
Job Openings731
Revenue (FY, 2018)KR124.1 B(+2%)
Share Price (Sept 2021)KR206.5
Cybersecurity ratingBMore

Key People/Management at Electrolux

Jonas Samuelson

Jonas Samuelson

President and CEO
Katharina Fischer

Katharina Fischer

Chief Financial Officer, Major Appliances North America.
Frank Wagner

Frank Wagner

Senior Vice President, Industrial Operations EMA NA.
Therese Friberg

Therese Friberg

CFO
Ricardo Cons

Ricardo Cons

Head of Business Area Latin America and Executive Vice President
Ola Nilsson

Ola Nilsson

Chief Experience Officer and Executive Vice President
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Electrolux Office Locations

Electrolux has offices in Stockholm, Anderson, Charlotte, Kinston and in 45 other locations
Stockholm, SE (HQ)
143 Sankt Göransgatan
Buenos Aires, AR
Olga Cossettini 771
Rosario, AR
Battle y Ordóñez 3436
Beverley, AU
19 Pope St
Casula, AU
260 Beech Rd
Brunn am Gebirge, AT
Europaring
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Electrolux Financials and Metrics

Electrolux Revenue

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Electrolux's revenue was reported to be kr124.13 b in FY, 2018 which is a 1.7% increase from the previous period.
SEK

Revenue (Q3, 2019)

32.5b

Gross profit (Q3, 2019)

5.3b

Gross profit margin (Q3, 2019), %

16.4%

Net income (Q3, 2019)

739.0m

EBIT (Q3, 2019)

1.2b

Market capitalization (14-Sept-2021)

59.4b

Closing stock price (14-Sept-2021)

206.5

Cash (30-Sept-2019)

9.6b

EV

64.5b
Electrolux's current market capitalization is kr59.4 b.
Annual
SEKFY, 2016FY, 2017FY, 2018

Revenue

121.1b122.1b124.1b

Revenue growth, %

(2%)1%2%

Cost of goods sold

95.8b96.5b100.9b

Gross profit

25.3b25.5b23.2b
Quarterly
SEKQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

28.1b30.0b30.9b28.9b31.5b29.3b27.9b31.4b30.4b29.7b31.7b32.5b

Cost of goods sold

22.3b23.6b24.3b22.9b24.7b23.2b4.9b24.2b24.6b24.9b25.3b27.2b

Gross profit

5.8b6.3b6.6b6.0b6.8b6.1b23.0b7.2b5.8b4.8b6.4b5.3b

Gross profit Margin, %

21%21%21%21%22%21%82%23%19%16%20%16%
Annual
SEKFY, 2016FY, 2017FY, 2018

Cash

12.8b11.3b11.7b

Accounts Receivable

19.4b20.9b21.5b

Inventories

13.4b14.6b16.8b

Current Assets

51.9b52.0b55.5b
Quarterly
SEKQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

7.5b10.1b11.1b19.4b9.2b10.9b8.8b7.7b9.6b

Accounts Receivable

19.4b19.4b19.7b20.2b20.3b19.7b21.4b22.2b21.2b

Inventories

15.8b15.0b16.1b16.8b17.7b18.4b19.0b19.2b20.0b

Current Assets

48.4b50.3b53.3b50.7b52.7b53.9b55.1b55.0b57.5b
Annual
SEKFY, 2016FY, 2017FY, 2018

Depreciation and Amortization

3.9b4.0b4.2b

Inventories

1.5b(1.4b)(1.6b)

Accounts Payable

72.0m3.4b2.3b

Cash From Operating Activities

10.2b10.0b8.0b
Quarterly
SEKQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Depreciation and Amortization

996.0m2.0b3.0b1.0b2.1b3.1b1.2b2.5b3.8b

Inventories

(2.0b)(1.8b)(3.1b)(1.7b)(2.3b)(3.5b)(1.9b)(1.8b)(2.3b)

Accounts Payable

832.0m2.1b3.1b(1.0b)(35.0m)263.0m(671.0m)(1.4b)(1.5b)

Cash From Operating Activities

(613.0m)3.3b6.3b(2.2b)540.0m3.2b(2.1b)(714.0m)3.4b
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Electrolux Operating Metrics

FY, 2016FY, 2017FY, 2018

Products Sold

60 m60 m60 m

Markets

150150150
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Electrolux Acquisitions / Subsidiaries

Company NameDateDeal Size
SchneidereitJanuary 22, 2018
Grindmaster-CecilwareMarch 02, 2017$108 m
Anova CulinaryFebruary 02, 2017$250 m
Kwikot (Pty) Ltd.November 10, 2016r3.2 b
VintecJune 29, 2016
Olympic GroupJuly 10, 2011
CTI S.A.
DC Electrolux LLC
Electrolux AG
Electrolux Appliances AB
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Electrolux Revenue Breakdown

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Electrolux revenue breakdown by business segment: 7.0% from Professional Products, 7.4% from Major Appliances Asia/Pacific, 13.8% from Major Appliances Latin America, 34.4% from Major Appliances EMEA, 31.3% from Major Appliances North America and 6.1% from Home Care & Small Domestic Appliances

Electrolux revenue breakdown by geographic segment: 9.7% from Brazil, 30.8% from USA, 5.2% from Germany and 54.3% from Other

Electrolux Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Electrolux Online and Social Media Presence

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Electrolux News and Updates

Nomination Committee appointed for Electrolux Annual General Meeting 2022

STOCKHOLM, Sept. 16, 2021 /PRNewswire/ -- The members of the Nomination Committee for Electrolux Annual General Meeting in 2022 have now been appointed. In accordance with decision by the Annual General Meeting, Electrolux Nomination Committee shall consist of six members. The Nomination...

Electrolux Celebrates 1,000th Tree Donation To The Nature Conservancy

CHARLOTTE, N.C., Sept. 1, 2021 /PRNewswire/ -- Electrolux announced today that it has donated its 1,000th tree to The Nature Conservancy. Electrolux is planting a tree on behalf of every U.S. consumer who registers their new Electrolux appliance. Through a partnership with The Nature...

Bulletin from AB Electrolux Extraordinary General Meeting

STOCKHOLM, Aug. 27, 2021 /PRNewswire/ -- Due to the risk of the spread of COVID-19 and the authorities' regulations and advice the Extraordinary General Meeting ("EGM") was carried out solely through advance voting (so-called postal voting) pursuant to temporary legislation. The EGM...

Electrolux Q2 2021 Interim report: Strong growth and innovation momentum

STOCKHOLM, July 20, 2021 /PRNewswire/ -- Highlights of the second quarter of 2021 Net sales increased to SEK 30,303m (23,476) corresponding to an organic sales growth of 39.1% supported by strong market demand in all business areas. Last year's second quarter was severely impacted by the...

XPO Logistics Selected by Electrolux to Provide Omnichannel Logistics in France

GREENWICH, Conn., June 22, 2021 (GLOBE NEWSWIRE) --  XPO Logistics, a leading global provider of transportation and logistics solutions, has been awarded a multiyear contract by Electrolux Logistics SAS to manage its logistics operations in France. The agreement marks the start of Electrolux’s out…

Global Residential Robotic Vacuum Cleaner Market (2021 to 2025) - Featuring AB Electrolux, Dyson and Panasonic Among Others

Dublin, June 17, 2021 (GLOBE NEWSWIRE) -- The "Global Residential Robotic Vacuum Cleaner Market 2021-2025" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the residential robotic vacuum cleaner market and it is poised to grow by $3.49 billion during 20…
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Electrolux Frequently Asked Questions

  • When was Electrolux founded?

    Electrolux was founded in 1919.

  • Who are Electrolux key executives?

    Electrolux's key executives are Jonas Samuelson, Katharina Fischer and Frank Wagner.

  • How many employees does Electrolux have?

    Electrolux has 48,652 employees.

  • What is Electrolux revenue?

    Latest Electrolux annual revenue is kr124.1 b.

  • What is Electrolux revenue per employee?

    Latest Electrolux revenue per employee is kr2.6 m.

  • Who are Electrolux competitors?

    Competitors of Electrolux include Whirlpool, Dyson and Panasonic.

  • Where is Electrolux headquarters?

    Electrolux headquarters is located at 143 Sankt Göransgatan, Stockholm.

  • Where are Electrolux offices?

    Electrolux has offices in Stockholm, Anderson, Charlotte, Kinston and in 45 other locations.

  • How many offices does Electrolux have?

    Electrolux has 50 offices.