Quarterly information
Net sales and income per quarter
SEKm | Q1 2012 |
Q2 2012 |
Q3 2012 |
Q4 2012 |
Full year 2012 |
Q1 2013 |
Q2 2013 |
Q3 2013 |
Q4 2013 |
Full year 2013 |
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Net sales | 25,875 | 27,763 | 27,171 | 29,185 | 109,994 | 25,328 | 27,674 | 27,258 | 28,891 | 109,151 |
Operating income | 907 | 1,112 | 1,423 | 558 | 4,000 | 638 | 1,037 | 1,075 | -1,170 | 1,580 |
Margin, % | 3.5 | 4.0 | 5.2 | 1.9 | 3.6 | 2.5 | 3.7 | 3.9 | -4.0 | 1.4 |
Operating income, excluding items affecting comparability |
907 | 1,112 | 1,423 | 1,590 | 5,032 | 720 | 1,037 | 1,075 | 1,223 | 4,055 |
Margin, % | 3.5 | 4.0 | 5.2 | 5.4 | 4.6 | 2.8 | 3.7 | 3.9 | 4.2 | 3.7 |
Income after financial items | 712 | 910 | 1,170 | 362 | 3,154 | 483 | 859 | 884 | -1,322 | 904 |
Income after financial items, excluding items affecting comparability | 712 | 910 | 1,170 | 1,394 | 4,186 | 565 | 859 | 884 | 1,071 | 3,379 |
Income for the period | 499 | 701 | 923 | 242 | 2,365 | 361 | 642 | 656 | -987 | 672 |
Earnings per share, SEK1) | 1.76 | 2.44 | 3.22 | 0.84 | 8.26 | 1.26 | 2.24 | 2.29 | -3.44 | 2.35 |
Earnings per share, SEK, excluding items affecting comparability1) | 1.76 | 2.44 | 3.22 | 3.94 | 11.36 | 1.48 | 2.24 | 2.29 | 3.80 | 9.81 |
Items affecting comparability2) | — | — | — | -1,032 | -1,032 | -82 | — | — | -2,393 | -2,475 |
Number of shares after buy-backs, million | 286.1 | 286.1 | 286.1 | 286.1 | 286.1 | 286.2 | 286.2 | 286.2 | 286.2 | 286.2 |
Average number of shares after buy-backs, million | 285.4 | 286.1 | 286.1 | 286.1 | 285.9 | 286.2 | 286.2 | 286.2 | 286.2 | 286.2 |
Net sales and income by business area per quarter
SEKm | Q1 2012 |
Q2 2012 |
Q3 2012 |
Q4 2012 |
Full year 2012 |
Q1 2013 |
Q2 2013 |
Q3 2013 |
Q4 2013 |
Full year 2013 |
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Major Appliances Europe, Middle East and Africa |
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Net sales | 8,265 | 8,216 | 8,581 | 9,216 | 34,278 | 7,595 | 8,040 | 8,520 | 9,281 | 33,436 |
Operating income | 271 | 205 | 294 | 335 | 1,105 | 11 | -2 | 111 | 227 | 347 |
Margin, % | 3.3 | 2.5 | 3.4 | 3.6 | 3.2 | 0.1 | 0.0 | 1.3 | 2.4 | 1.0 |
Major Appliances North America |
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Net sales | 7,107 | 8,599 | 7,771 | 7,207 | 30,684 | 7,678 | 8,448 | 8,165 | 7,573 | 31,864 |
Operating income | 131 | 488 | 496 | 337 | 1,452 | 457 | 663 | 563 | 453 | 2,136 |
Margin, % | 1.8 | 5.7 | 6.4 | 4.7 | 4.7 | 6.0 | 7.8 | 6.9 | 6.0 | 6.7 |
Major Appliances Latin America |
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Net sales | 5,149 | 5,183 | 5,301 | 6,411 | 22,044 | 4,885 | 5,472 | 4,699 | 5,639 | 20,695 |
Operating income | 278 | 316 | 339 | 657 | 1,590 | 251 | 261 | 243 | 224 | 979 |
Margin, % | 5.4 | 6.1 | 6.4 | 10.2 | 7.2 | 5.1 | 4.8 | 5.2 | 4.0 | 4.7 |
Major Appliances Asia/Pacific |
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Net sales | 1,841 | 2,198 | 2,107 | 2,259 | 8,405 | 1,948 | 2,227 | 2,321 | 2,157 | 8,653 |
Operating income | 155 | 172 | 208 | 211 | 746 | 106 | 148 | 117 | 96 | 467 |
Margin, % | 8.4 | 7.8 | 9.9 | 9.3 | 8.9 | 5.4 | 6.6 | 5.0 | 4.5 | 5.4 |
Small Appliances |
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Net sales | 2,105 | 2,105 | 2,112 | 2,689 | 9,011 | 2,020 | 2,104 | 2,131 | 2,697 | 8,952 |
Operating income | 93 | 25 | 124 | 219 | 461 | 17 | 50 | 97 | 227 | 391 |
Margin, % | 4.4 | 1.2 | 5.9 | 8.1 | 5.1 | 0.8 | 2.4 | 4.6 | 8.4 | 4.4 |
Professional Products |
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Net sales | 1,408 | 1,462 | 1,299 | 1,402 | 5,571 | 1,201 | 1,383 | 1,422 | 1,544 | 5,550 |
Operating income | 130 | 154 | 149 | 155 | 588 | 59 | 112 | 167 | 172 | 510 |
Margin, % | 9.2 | 10.5 | 11.5 | 11.1 | 10.6 | 4.9 | 8.1 | 11.7 | 11.1 | 9.2 |
Other |
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Net sales | — | — | — | 1 | 1 | 1 | — | — | — | 1 |
Operating income, common group costs, etc. | -151 | -248 | -187 | -324 | -910 | -181 | -195 | -223 | -176 | -775 |
Total Group, excluding items affecting comparability |
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Net sales | 25,875 | 27,763 | 27,171 | 29,185 | 109,994 | 25,328 | 27,674 | 27,258 | 28,891 | 109,151 |
Operating income | 907 | 1,112 | 1,423 | 1,590 | 5,032 | 720 | 1,037 | 1,075 | 1,223 | 4,055 |
Margin, % | 3.5 | 4.0 | 5.2 | 5.4 | 4.6 | 2.8 | 3.7 | 3.9 | 4.2 | 3.7 |
Items affecting comparability | — | — | — | -1,032 | -1,032 | -82 | — | — | -2,393 | -2,475 |
Total Group |
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Net sales | 25,875 | 27,763 | 27,171 | 29,185 | 109,994 | 25,328 | 27,674 | 27,258 | 28,891 | 109,151 |
Operating income | 907 | 1,112 | 1,423 | 558 | 4,000 | 638 | 1,037 | 1,075 | -1,170 | 1,580 |
Margin, % | 3.5 | 4.0 | 5.2 | 1.9 | 3.6 | 2.5 | 3.7 | 3.9 | -4.0 | 1.4 |
CEO Statement
![](../../styles/images/elux-ceo-small.jpg)
In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
![](../../styles/images/elux-ceo-small.jpg)
I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
![](../../styles/images/our-products.png)
Electrolux is the only appliance manufacturer in the industry to offer complete solutions for both consumers and professionals. The focus is on innovative and energy-efficient products in the premium segments.
Sustainability
Achieving the Group's vision of sustainability leadership is crucial to realizing the business strategy. The objective is to develop smarter, more accessible, resource-efficient solutions that meet people's needs and improve their lives. Read the comprehensive sustainability performance review.
Awards & recognition
![](../../styles/images/awards-puff.png)
Financial Reporting
Net sales for the Electrolux Group in 2013 amounted to SEK 109,151m, as against SEK 109,994m in the previous year. The organic sales growth was 4.5%, while currencies had an impact of -5.3%.