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AB Electrolux (publ)
ELUXYConsumer CyclicalOTCSE
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR ANY OTHER JURISDICTION WHERE SUCH ACTION WOULD BE UNLAWFUL STOCKHOLM, May 28, 2026 /PRNewswire/ -- On April 23, 2026, AB Electrolux ("Electrolux Group") announced that the Board of Directors had resolved on a fully underwritten rights issue of Class A and Class B shares of approximately SEK 9 billion before transaction costs (the "Rights Issue"). The Board of Director's resolution on the Rights Issue was approved by an Extraordinary General Meeting held on May 27, 2026.
The Extraordinary General Meeting of AB Electrolux was held in Stockholm on May 27, 2026 STOCKHOLM, May 27, 2026 /PRNewswire/ -- Amendment of the Articles of Association The General Meeting resolved, in accordance with the Board's proposal, to adjust the limits for the minimum and maximum share capital in the Articles of Association so that the share capital shall be not less than SEK 3,300,000,000 and not more than SEK 13,100,000,000, and to amend the limits for the minimum and maximum number of shares so that the number of shares shall be not less than 600,000,000 and not more than 2,400,000,000. Shares of series A may be issued up to a maximum number of 2,400,000,000 and shares of series B up to a maximum number of 2,400,000,000.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR ANY OTHER JURISDICTION WHERE SUCH ACTION WOULD BE UNLAWFUL. STOCKHOLM, May 21, 2026 /PRNewswire/ -- On April 23, 2026, the Board of Directors of AB Electrolux ("Electrolux Group" or the "Group") resolved, subject to approval by the Extraordinary General Meeting (the "EGM") to be held on May 27, 2026, on a rights issue of Class A and Class B shares of approximately SEK 9 billion before transaction costs (the "Rights Issue").
AB Electrolux (publ) (ELUXY) Discusses Strategic Partnership and Initiatives to Accelerate Growth and Efficiency Transcript
The stock fell 23% in European morning trade after the company said it swung to a net loss in the first quarter
STOCKHOLM, April 24, 2026 /PRNewswire/ -- The shareholders of AB Electrolux (publ), reg. no. 556009-4178 (the 'Company'), are hereby given notice of the Extraordinary General Meeting to be held on Wednesday, 27 May, 2026, at 10:00 a.m.
STOCKHOLM, April 24, 2026 /PRNewswire/ -- Highlights of the first quarter of 2026 Net sales amounted to SEK 29,543m (32,576) with flat organic sales of -0.5% (7.9). Organic sales growth was +3.6% in Europe, Middle East & Africa and Asia Pacific (EMEA APAC) and +8.0% in Latin America, driven mainly by higher volumes.
Swedish appliance maker Electrolux said on Thursday it would launch a 9 billion Swedish crown ($976.34 million)rights issue and unveiled a tie-up with China's Midea Group to form three joint ventures in North America as it restructures its operations.
STOCKHOLM, April 23, 2026 /PRNewswire/ -- Electrolux Group announces today that it has entered into agreements with Midea Group to establish a highly complementary long-term strategic partnership in Food Preservation (refrigeration) manufacturing and sales, and Fabric Care (laundry) manufacturing in North America. The partnership is designed to support long-term profitable growth and will contribute to Electrolux Group's overarching efforts to transform the business in North America.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR ANY OTHER JURISDICTION WHERE SUCH ACTION WOULD BE UNLAWFUL STOCKHOLM, April 23, 2026 /PRNewswire/ -- In addition to the separately announced long-term strategic partnership with Midea Group in North America, AB Electrolux ("Electrolux Group" or the "Group") today announces a plan to improve efficiency across its organization including a focused optimization of the Group's global manufacturing footprint to further increase agility across the organization. Furthermore, the Board of Directors of AB Electrolux has resolved, subject to approval by an Extraordinary General Meeting (the "EGM"), on a fully underwritten rights issue of approximately SEK 9 billion (the "Rights Issue").
The home-appliance manufacturer said it would close its Jaszbereny factory which manufactures built-in and freestanding refrigeration products.
STOCKHOLM, April 22, 2026 /PRNewswire/ -- Electrolux Group has decided to end production at the Jászberény, Hungary factory, which manufactures built-in and freestanding refrigeration products. Production is expected to cease by the end of 2026.
STOCKHOLM, April 21, 2026 /PRNewswire/ -- A warm, Scandinavian-inspired color palette of seamlessly integrated appliances reflects a growing desire for more mindful, harmonious living*. Electrolux Group, under its premium brand Electrolux, and Veneta Cucine, Italy's leading kitchen manufacturer, unveil a new evolution of the kitchen-reimagining it as a space of comfort, beauty, and emotional resonance that unites Scandinavian and Italian design heritage.
STOCKHOLM, April 20, 2026 /PRNewswire/ -- Electrolux Group, under its premium brand Electrolux, presents The Swedish Home at Milan Design Week 2026, a design statement responding to a clear European reality: modern life and homes feel overstimulating, and people increasingly seek environments that support calm, clarity and emotional wellbeing.¹ Rooted in Scandinavian principles of simplicity, softness and human-centered thinking, The Swedish Home shows how small, intentional choices in light, color, materials and technology can help restore balance in today's fast-paced lives.
STOCKHOLM, April 9, 2026 /PRNewswire/ -- On 24 th of April, 2026, Electrolux Group will publish the results for the first quarter of 2026, at approx. 07.00 CEST.
Electrolux (ELUXY) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
STOCKHOLM, March 31, 2026 /PRNewswire/ -- Electrolux Group has decided to close its factory in Santiago, Chile, effective end of April 2026. A restructuring charge of approximately SEK 0.5 billion, of which SEK 0.2 billion is cash-related, will be reported as a negative non-recurring item affecting operating income for Region Latin America in the first quarter of 2026.
The Annual General Meeting of AB Electrolux was held in Stockholm on March 25, 2026. STOCKHOLM, March 25, 2026 /PRNewswire/ -- Shareholders and others had the opportunity to follow the Annual General Meeting live via Electrolux Group's website.
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