| Business Summary | | AB
Electrolux
is
a
producer
of
powered
appliances
for
kitchen,
cleaning
and
outdoor
use.
More
than
55
million
Electrolux
products
(such
as
refrigerators,
cookers,
washing
machines,
vacuum
cleaners,
chainsaws
and
lawn
mowers)
are
sold
each
year
to
a
value
of
approximately
$14
billion
in
more
than
150
countries
around
the
world.
The
Company's
operations
are
conducted
through
three
product
groups:
Consumer
Durables,
Professional
Products/Indoor
and
Professional
Products/Outdoor. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AB
Electrolux
is
one
of
the
world's
leading
producers
of
household
appliances,
outdoor
products
and
professional
appliances.
For
the
six
months
ended
6/30/01,
revenues
rose
9%
to
SEK71.13
billion.
Net
income
fell
17%
to
SEK2.23
billion.
Revenues
reflect
exchange
rate
fluctuations
and
the
inclusion
of
the
acquired
Email
Ltd.
Earnings
were
offset
by
higher
net
borrowings
related
to
the
stock
repurchase
program
and
negative
translation
effects
due
to
exchange
rates
changes. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Rune Andersson, 56 | Chairman | Michael Treschow, 57 | Pres,
CEO, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|