STOCKHOLM, Sweden, Feb. 12, 2004 (PRIMEZONE) -- Electrolux:
-- Net sales declined to SEK 124,077m (133,150), but rose 3.3%
for comparable units, adjusted for changes in exchange rates
-- Operating margin improved to 6.2% (6.1) excluding items affecting
comparability, operating income was adversely affected by changes
in exchange rates in the amount of SEK 930m
-- Net income amounted to SEK 4,778m (5,095) or SEK15.25 (15.60) per
share
-- Good growth and higher income in USD for appliances and outdoor
products within Consumer Durables, North America
-- Solid performance by appliances and other operations within
Consumer Durables, Europe, in a competitive environment
-- Board proposes raising dividend to SEK 6.50 (6.00) per share,
redemption of shares totaling approximately SEK 3,000m
For more information
Financial information from Electrolux is also available at www.electrolux.com/ir
This information was brought to you by Waymaker http://www.waymaker.net
The full report is available for download:
http://www.waymaker.net/bitonline/2004/02/12/20040212BIT00060/wkr0001.doc
http://www.waymaker.net/bitonline/2004/02/12/20040212BIT00060/wkr0002.pdf