Organisation: Electrolux

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p> Electrolux CEO Jonas Samuelson said the pandemic and component shortages had delayed the ramp-up of local production.</p>

companies

Electrolux warns on profits outlook amid low consumer confidence

Sweden's Electrolux announced plans to cut costs and warned its profit would drop as high inflation and low consumer confidence squeezed demand for its home appliances, while large investments in North America had yet to pay off.

<p>Jonas Samuelson, chief executive at household appliances producer Electrolux. Picture: Janerik Henriksson/AFP/Getty</p>

companies

Electrolux looks to continue to tap pandemic stay-at-home-sales surge

business

Diageo and Danone latest global giants to warn of coronavirus hit

news

IFA 2018: All the biggest launches from Berlin’s massive tech show

general

MAKING CENTS: Ring the changes and use apps to mind your money

news

Security man allowed goods to be stolen from centre

Mario Draghi factor a boost for European stocks

European stocks posted their biggest two-day gain since October 2011 on increased investor confidence that central banks will act to support markets.

Sat, 23 Jan, 2016

Electrolux cuts jobs on collapse of General Electric Co appliance deal

Electrolux will cut costs and jobs and pay a breakup fee to General Electric Co after the collapse this week of the Swedish manufacturer’s $3.3 billion (€3bn) deal to buy the US company’s household appliance business.

Thu, 10 Dec, 2015

Electrolux AB Buys General Electric Co.s Home Appliances Unit For $3.3 Billion

Electrolux US strategy ‘in tatters’ as deal to General Electric’s appliance business collapses

Electrolux shares slumped more than 10% yesterday after a $3.3bn (€2.93bn) deal to buy General Electric’s appliance business fell through.

Tue, 08 Dec, 2015

Electrolux faces US court over €3bn appliance plan

As Electrolux prepares to fight in court to buy General Electric’s assets, the Swedish home appliance maker may prefer to sell brands than factories if it tries to reach a settlement to salvage the $3.3bn(€3.07bn) deal before the judge’s verdict.

Tue, 10 Nov, 2015

Meet the festival FACES that make your summer happen

Summer in Ireland is festival season. Liz O’Brien picks some of the nation’s favourites — and reveals the people who work long and hard behind the scenes to make your summer happen.

Sun, 25 May, 2014

Samsung predicts it will make record $8.3bn in profits in fourth quarter

Riding the wave of gadget goodness from the Consumer Electronics Show in Las Vegas, Samsung released a pretty impressive set of fourth quarter earnings estimates, including a record high profit.

Wed, 09 Jan, 2013

FTSE down slightly

London's leading shares index closed in the red today after machinery firm Caterpillar and toys giant Hasbro offered more gloom from the US reporting season.

Mon, 22 Oct, 2012

Electrolux enjoy 19% rise in profits

Home appliance maker Electrolux said today that its profits increased by 19% in third quarter, with sales growing in all markets expect Europe.

Mon, 22 Oct, 2012

Dunphy leads backlash

Enough’s enough for Eamo but Brady won’t abandon Trap’s ship just yet

Sat, 13 Oct, 2012

Electrolux profits rise after cost cuts

Appliance maker Electrolux today reported a 93% rise in third-quarter profits after cost cuts and increased prices helped it offset weak market demand.

Mon, 26 Oct, 2009

Electrical appliances firm to axe 3,000 jobs

Appliances firm Electrolux is to shed 3,000 workers as a result of sharply declining sales.

Mon, 15 Dec, 2008

Ireland top for recycling electrical goods

IRELAND is topping electrical goods recycling leagues, with Irish people on average recycling twice as much as that set as its target by the European Union according to the European Recycling Platform.

Wed, 24 Oct, 2007

Electrolux workers in UK face uncertain future

About 500 workers at a cooker factory faced an uncertain future today after owner Electrolux announced an investigation into the site’s viability.

Thu, 11 Oct, 2007

CMC Capital purchases Electrolux headquarters

CORK-based property investment company CMC Capital has purchased the headquarters of global domestic appliance firm AEG-Electrolux in a €60 million investment.

Thu, 19 Jul, 2007

Cleaning’s a walkover with vacuum shoes

HELP is at hand for those who hate vacuuming in the form of a brilliant feat of design.

Sat, 30 Dec, 2006

Greencore honoured by Japanese

IRELAND’S sole beet processor, Greencore Sugar, was one of 15 European Union companies chosen from 67 applicants to participate in a world class mission to Japan.

Tue, 08 Nov, 2005

Video chain bought by online rival

The UK’s third-largest high street video rental chain was today bought in a move by an online rival to create a “bricks and clicks” service.

Wed, 29 Dec, 2004

Vacuum inventor cleans up

A 67-YEAR-OLD British inventor is being paid $30 million by domestic appliance giant Electrolux after claiming it stole his design for an upright, bagless vacuum cleaner.

Thu, 20 May, 2004

Thieves hijack lorry loaded with electrical goods

Thieves who stole a lorry loaded with electrical goods worth thousands of euro may have crossed the border into Northern Ireland, gardai warned.

Fri, 18 Apr, 2003

Ericsson post third quarter losses

Ericsson posted a big loss for the third quarter and said that it does not expect a recovery in the near future.

Tue, 30 Oct, 2001

Ericsson sees sales fall 19%

Ericsson has posted a third-quarter net loss of £262m as sales fell 19%.

Fri, 26 Oct, 2001