Electrolux Group Interim report Q1 2024
Weaker market demand resulted in lower volumes for the Group except in Latin America where increased consumer demand contributed to higher sales.
- Weaker market demand resulted in lower volumes for the Group except in Latin America where increased consumer demand contributed to higher sales.
- Earnings are expected to benefit from this mainly in the second half of 2024, as previously communicated.
- "After having had the privilege to serve more than eight years as President & CEO of Electrolux Group, I have decided to leave my position on January 1, 2025.
- In line with our previously communicated outlook for 2024, we expect organic contribution to earnings from volume, price and mix combined for the Group to be negative in full-year 2024.