Electrolux CEO

Improved earnings resulting from sales growth and higher prices

Maneuvering in a tough environment. The appliance market in the fourth quarter of 2011 remained very competitive.

Continued tough market conditions in the quarter. Third-quarter results were impacted by continued tough market conditions.

A tough quarter. As expected, weak demand in key markets, lower prices and increases in raw-material costs had a negative impact on second-quarter results. Even though sequentially better, we do not expect earnings in...

Focus on price. Demand in most of Electrolux main markets showed good growth in the first quarter. In North America, profitability was pressed by increasing raw-material costs and continued pressure on prices. To mitigate...

Record results for 2010. We are reporting a solid result for the fourth quarter 2010, and the full-year result for 2010 was the best ever for Electrolux. We also succeeded in reaching our target...

On January 1 2011, Keith McLoughlin succeeded Hans Stråberg as President and CEO of Electrolux.

Keith McLoughlin is President and CEO of Electrolux since January 1, 2011. He was most recently responsible for R&D, Manufacturing and Purchasing for Electrolux Major Appliances.