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Business Wire (Free subscription) | 07/17/2008
Electrolux: President and CEO Hans Stråbergs Comments on the Second Quarter 2008 STOCKHOLM, Sweden--()--Regulatory News: Electrolux (STO:ELUXA) (STO:ELUXB) (LSE:ELXB): In spite of challenging conditions in the second quarter, we have delivered improved underlying results in comparison with the same period last year, excluding the costs for the launch of appliances in the premium segment in North...
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Business Wire (Free subscription) | 08/11/2008
... for the Electrolux Group. He will be part of Group Management and report to President and CEO Hans Stråberg. Jonas Samuelson, 40, is currently Chief Financial Officer and Executive Vice President for Munters AB, a global leader in energy efficient air treatment solutions and restoration services. Before joining Munters, Samuelson was Executive Director Finance for General Motors North...
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Financial Time (Free subscription) | 07/18/2008
... uncertain. "The economic uncertainty makes it more and more difficult to predict the future," said Hans Stråberg, chief executive. Shares have dropped about 60 per cent this year.The company highlighted the impact of increased marketing costs on its results."Excluding the investments in the new product range under the Electrolux brand, we managed to maintain our results in North America...
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Forbes (Free subscription) | 07/17/2008
... A consequence of this is that we have changed our outlook for the full year," Chief Executive Hans Straberg said in a press release. But Lyndgvist said the firm was looking strong in the long term. "Electrolux is moving well ahead of expectations in the American market. They have upped their retail presence from 2,500 outlets, to 3,000, or by 30.0%. They are strengthening their position...
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The Earth Times Online Newspaper (Free subscription) | 07/17/2008
... A consequence of this is that we have changed our outlook for the full year," Chief Executive Hans Straberg said in a statement.Electrolux posted earnings before interest and tax of 793 million Swedish crowns, excluding extraordinary items, versus a year-ago 921 million and a mean forecast of a 716 million in a Reuters poll of 10 analysts.Straberg reiterated his April warning...
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Financial Time (Free subscription) | 07/17/2008
... uncertain. “The economic uncertainty makes it more and more difficult to predict the future,” said Hans Stråberg, chief executive. Shares in the company have dropped around 60 per cent so far this year.The company highlighted the impact of increased marketing costs on its results.“Excluding the investments in the new product range under the Electrolux brand, we managed to maintain...
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The Earth Times Online Newspaper (Free subscription) | 07/17/2008
... kronor, down 0.8 per cent, with the figure partly affected by exchange rates. Chief Executive Hans Straberg said he was satisfied with the group's performance in its professional products division as well as sales in Latin America and Asia/Pacific. Electrolux continued its launch in the premium sector in the US which cost 230 million kronor in the second quarter, Straberg said....
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kansascity.com (Free subscription) | 07/17/2008
... to decrease our forecast for the markets in North America and Europe," Chief Executive Officer Hans Straberg said in a statement.
However, he added the introduction of the new brand in North America went well.
"Our products are today present in more than 2,000 retail outlets in the U.S., and we expect to reach about 3,000 retailers by the end of the year - many more than...
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Seattle Post-Intelligencer (Free subscription) | 07/17/2008
... to decrease our forecast for the markets in North America and Europe," Chief Executive Officer Hans Straberg said in a statement.However, he added the introduction of the new brand in North America went well."Our products are today present in more than 2,000 retail outlets in the U.S., and we expect to reach about 3,000 retailers by the end of the year - many more than we had originally...
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ireland.com (Free subscription) | 07/17/2008
... A consequence of this is that we have changed our outlook for the full year," the chief executive, Hans Straberg, said in a statement issued alongside the report. Electrolux posted earnings before interest and tax of 793 million Swedish crowns, excluding extraordinary items, versus a year-ago 921 million and a mean forecast of a 716 million in a Reuters poll of 10 analysts. The new...
