Conversion of shares
In accordance with the Articles of Association of AB Electrolux, owners of A shares have the right to have such shares converted to B shares. Conversion reduces the total number of votes in the company. In 2013, 20,186 Class A shares were converted to Class B shares. After the conversion, the total number of votes amounts to 38,265,316. The total number of registered shares in the company amounts to 308,920,308 shares, of which 8,192,539 are A shares and 300,727,769 are B shares.
Share data
Share listing1) | Stockholm |
---|---|
Number of shares | 308,920,308 |
of which A shares2) | 8,192,539 |
of which B shares2) | 300,727,769 |
Number of votes | 38,265,316 |
Number of shares after repurchase | 286,211,987 |
Quota value | SEK 5 |
Market capitalization at December 31, 2013 | SEK 51 billion |
GICS code3) | 25201040 |
Ticker codes | Reuters ELUXb.ST |
|
Bloomberg ELUXB SS |
CEO Statement
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In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
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I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
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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
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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%.