- CEO
- Yannick Fierling
- Full Time Employees
- 41,000
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- Address
- S:t Goransgatan 143 Stockholm Sweden 105 45
- IPO Date
- Mar 6, 2013
- Business
- AB Electrolux (publ) (ELRXF) develops, manufactures and sells household appliances worldwide. The company offers major appliances including refrigerators, freezers, cookers, ovens, hobs, hoods, washing machines, dryers, tumble dryers, dishwashers and room air-conditioners; small domestic appliances such as microwave ovens, vacuum cleaners, floor-care products, water heaters and heat pumps; as well as consumables, accessories and product installation, repair and maintenance services. Electrolux markets its products under the Electrolux, AEG and Frigidaire brand names through retailers, buying groups, independent stores and direct-to-consumer channels.
Founded in 1901 and headquartered in Stockholm, Sweden, the company operates primarily in North America, Europe, Latin America and Asia-Pacific, with key markets including the United States, Brazil, Germany, Australia, Canada, the United Kingdom, Italy, France and Sweden.
In recent strategic developments, AB Electrolux announced an updated growth strategy on December 4, 2025, targeting at least 4% annual organic sales growth over a business cycle, enhanced consumer centricity and organizational changes effective January 1, 2026, including the creation of a separate Asia-Pacific commercial region. The company reported a 4.6% net sales increase in Q3 2025, driven by North American growth and market share gains with its core brands, alongside new product launches such as the AEG FAVORIT dishwasher. It continues to focus on cost competitiveness, production optimization and aftermarket expansion, aiming for 10% compound annual growth in aftermarket sales.