AB Electrolux - Company Profile
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AB Electrolux (Electrolux) is a designer, and manufacturer of electrical appliances. The company offers a wide range of household appliances, including refrigerators, freezers, ovens, cookers, washing machines, vacuum cleaners, and small domestic appliances. Electrolux offers its products under the AEG, Frigidaire, and Zanussi brand names. Its products are designed for both household and professional use, catering to the needs of customers worldwide. Electrolux operates through a network of distribution channels that span across various markets. The company has business operations across Europe, Asia-Pacific, the Middle East and Africa, North America, and Latin America. Electrolux is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Sankt Goransgatan 143, Stockholm, 10545
Website
www.electroluxgroup.com
Telephone
46 8 7386000
No of Employees
40,203
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
ELUX B (STO)
Revenue (2024)
$13.4B
-3.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
163.1%
(2024 vs 2023)
Market Cap*
$2.1B
Net Profit Margin (2024)
XYZ
165.7%
(2024 vs 2023)
* As of and is in US$
AB Electrolux premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| - | - |
| Refrigerators | AEG |
| Freezers | Frigidaire |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, the company entered into agreements with Midea Group to establish a partnership in Food Preservation (refrigeration) manufacturing and sales, and Fabric Care (laundry) manufacturing in North America. |
| 2026 | Plans/Strategy | In April, the company announced its plans to shut down its factory in Jaszbereny, Hungary. |
| 2026 | Plans/Strategy | In March, Electrolux Group announced its plans to shut down its factory in Santiago, Chile. |
Competitor Comparison
| Key Parameters | AB Electrolux | Samsung Electronics Co Ltd | LG Electronics Inc | Koninklijke Philips NV | BSH Hausgerate GmbH |
|---|---|---|---|---|---|
| Headquarters | Sweden | South Korea | South Korea | Netherlands | Germany |
| City | Stockholm | Suwon | Seoul | Amsterdam | Munich |
| State/Province | Stockholm | - | - | Noord-Holland | Baden-Wurttemberg |
| No. of Employees | 40,203 | 129,480 | 37,835 | 64,317 | 57,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Torbjorn Loof | Chairman | Executive Board | 2024 | 61 |
| Yannick Fierling | Chief Executive Officer; Director; President | Executive Board | 2025 | 55 |
| Therese Friberg | Head - Finance & IT; Chief Financial Officer | Senior Management | 2018 | 51 |
| Jens-Petter Iversen | Chief Information Officer | Senior Management | 2026 | 62 |
| Nikos Bartzoulianos | Chief Marketing Officer; Head - Sustainability - Business Area Europe and APAC MEA | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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