ELUXY Stock Recent News

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

STOCKHOLM , Feb. 24, 2025 /PRNewswire/ -- After an evaluation of various alternatives, Electrolux Group has decided to retain its business in Egypt since the value is considered to be higher if it remains within the Group. The business in Egypt includes sales and production of major appliances as well as water heaters and is profitable with well-established and strong brands.

STOCKHOLM , Feb. 20, 2025 /PRNewswire/ -- AB Electrolux Annual Report for 2024 has been published on the Group's website as of today. The Annual Report in Swedish as well as an English translation are available on www.electroluxgroup.com in pdf-format.

STOCKHOLM , Feb. 14, 2025 /PRNewswire/ -- The shareholders of AB Electrolux (publ), reg. no. 556009-4178 (the "Company"), are hereby given notice of the Annual General Meeting to be held on Wednesday, March 26, 2025, at 4.00 p.m.

AB Electrolux (publ) (OTCPK:ELUXY) Q4 2024 Earnings Conference Call January 30, 2025 3:00 AM ET Company Participants Yannick Fierling - President and CEO Therese Friberg - Chief Financial Officer Oscar Stjerngren - Investor Relations Conference Call Participants Akash Gupta - JPMorgan Martin Wilkie - Citi Johan Eliason - Kepler Cheuvreux Gustav Hageus - SEB James Moore - Redburn Atlantic Timothy Lee - Barclays Uma Samlin - Bank of America Björn Enarson - Danske Bank Ebba Björklid - DnB Operator Good day and thank you for standing by. Welcome to the Electrolux Fourth Quarter Report 2024 Webcast and Conference Call.

STOCKHOLM , Jan. 30, 2025 /PRNewswire/ --  Highlights of the full-year of 2024 In full-year 2024, net sales increased to SEK 136,150m (134,451) and operating income excl. non-recurring items was SEK 1,666m (414).

STOCKHOLM , Jan. 28, 2025 /PRNewswire/ -- The Nomination Committee of AB Electrolux proposes election of Yannick Fierling, the new President and CEO of AB Electrolux, as new member of the Board of Directors of AB Electrolux at its Annual General Meeting on March 26, 2025. The Committee also proposes re-election of Torbjörn Lööf (Chair), Geert Follens, Petra Hedengran, Ulla Litzén, Daniel Nodhäll, Karin Overbeck, David Porter and Michael Rauterkus.

STOCKHOLM , Jan. 16, 2025 /PRNewswire/ -- Electrolux Group results for the fourth quarter of 2024 will be published on January 30, 2025, at approx. 08.00 CET.

STOCKHOLM , Oct. 11, 2024 /PRNewswire/ -- Electrolux Group results for the third quarter of 2024 will be published on October 25, 2024, at approx. 08.00 CET.

Electrolux (ELUXY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.