ELUXY Stock Recent News

AB Electrolux (publ) (OTCPK:ELUXY) Q1 2025 Earnings Conference Call April 29, 2025 3:00 AM ET Company Participants Yannick Fierling - President and Chief Executive Officer Therese Friberg - Chief Financial Officer Ann-Sofi Jonsson - Head of Investor Relations Conference Call Participants Bjorn Enarson - Danske Bank James Moore - Redburn Atlantic Akash Gupta - JP Morgan Uma Samlin - Bank of America Martin Wilkie - Citi Timothy Lee - Barclays Johan Eliason - Kepler Cheuvreux Ann-Sofi Jonsson Welcome to the Electrolux Group and the presentation of our Q1 Report. I'm Anne-Sofi Jönsson, Head of IR, and with me today I have Yannick Fierling, our CEO; and our CFO, Therese Friberg.

STOCKHOLM , April 29, 2025 /PRNewswire/ -- Electrolux Group issues a correction of the press release regarding the interim report for the first quarter of 2025 that was published earlier today. The correction concerns that the press release did not include the MAR label with reference to the EU Market Abuse Regulation (MAR).

Electrolux shares tumbled after the home-appliance manufacturer cut its North America full-year outlook citing increased uncertainty related to U.S. tariffs hitting consumer confidence.

STOCKHOLM , April 29, 2025 /PRNewswire/ -- Highlights of the first quarter of 2025 Net sales amounted to SEK 32,576m (31,077) with an organic sales growth of 7.9% (-3.7), mainly driven by North America and Latin America. Operating income significantly improved to SEK 452m (-720) corresponding to an operating margin of 1.4% (-2.3).

STOCKHOLM , April 15, 2025 /PRNewswire/ -- On 29th of April, Electrolux Group will publish the results for the first quarter of 2025, at approx. 07.00 CET.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

ELUXY, SAN and BABA made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 9, 2025.

The Annual General Meeting of AB Electrolux was held in Stockholm on March 26, 2025. STOCKHOLM , March 26, 2025 /PRNewswire/ -- Shareholders and others had the opportunity to follow the Annual General Meeting live via Electrolux Group's website.

STOCKHOLM , March 24, 2025 /PRNewswire/ -- Today Electrolux Group announces a new ambitious recycled materials target, which aims to increase the share of recycled steel and plastic by weight used in the products manufactured by the Group to 35% by 2030. This almost doubles the weight of recycled materials in scope compared with the company's previous target.

Dublin, March 10, 2025 (GLOBE NEWSWIRE) -- The "United Arab Emirates HVAC Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering. The United Arab Emirates HVAC Market was valued at USD 0.90 Billion in 2024, and is expected to reach USD 1.32 Billion by 2030, rising at a CAGR of 6.78%. The United Arab Emirates HVAC market is driven by rapid urbanization and infrastructure development, including large-scale residential, commercial, and industrial projects, create a growing demand for efficient HVAC systems. The extreme desert climate, characterized by high temperatures and humidity, further fuels the need for reliable cooling systems, particularly in the summer months. Government initiatives and regulations focusing on energy efficiency and sustainability also contribute to the market's growth, with an emphasis on reducing energy consumption and adopting environmentally friendly technologies. Also, the UAE's commitm