Electrolux President and CEO Keith McLoughlin’s comments on the results for the third quarter 2014


Continued earnings recovery

In the third quarter of 2014, the Group’s operating income increased by almost 30% to SEK 1.4 billion compared with the same period in 2013, and cash flow after investments improved by SEK 600 million to SEK 1.6 billion. The main factor behind this result is a strong operational recovery in Europe. The Latin American and Asia/Pacific operations performed well in challenging macro-economic conditions. Our sales and earnings in North America remain at a good level and continue to strongly contribute to the Group’s overall result.

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Trends from CES: Shape Living for the Better

Jan 31
Trends from CES: Shape Living for the Better

What would voice-activated hubs and intelligent robots look like in every home? In the near future this can become a reality as some of these innovations were showcased at CES 2018, the world’s largest consumer electronics fair. Electrolux Chief Operations Officer Jan Brockmann who visited CES, concludes the latest smart home trends from the fair, together with Chief Information Officer JP Iversen. According to recent research conducted by the American media organization NPR and Edison Research, one in six American households currently owns a smart speaker such as Amazon’s Alexa or Google Assistant. Smart speakers which have voice-control and connect with other smart products are clearly on the march and might shape the everyday life of billions of people in the future.“This year, everything was connected. We saw that voice assistants are playing a much bigger role in everyday life. They are being used in everything from smart home products to cars and smart glasses,” says Jan Brockmann, Chief Operations Officer at Electrolux. “This technology is improving and becoming a natural interface for consumers.”Iversen adds: “For me, there were two things that stood out at CES: The first is more evolved end-to-end connected ecosystems on display. They were really well-advanced and show the way forward. The second was all the great user interfaces. Voice is clearly the new standard, but also very advanced hands-on user interfaces were exciting to see, which certainly will make life easier for users.”