Electrolux Interim Report January-March 2016

Highlights of the first quarter of 2016

  · Net sales amounted to SEK 28,114m (29,087).
  · Organic sales growth was 1.8% and acquired growth was 0.1%, while currency
translation had a negative impact of -5.2% on net sales.
  · Improved results across most business areas.
  · Strong results for Major Appliances EMEA and Professional Products.

  · Continued recovery for Major Appliances North America.
  · Operating income increased to SEK 1,268m (516), corresponding to a margin of
4.5% (1.8).
  · Income for the period was SEK 875m (339), and earnings per share was SEK
3.04 (1.18).

Telephone conference 09.00 CET

A telephone conference is held at 09.00 CET today, April 28. The conference will
be chaired by Jonas Samuelson, President and CEO of Electrolux. Mr. Samuelson
will be accompanied by Anna Ohlsson-Leijon, CFO.

Details for participation by telephone are as follows:

Participants in Sweden should call +46 8 505 564 74

Participants in UK/Europe should call +44 203 364 5374

Participants in US should call +1 855 753 2230

Slide presentation for download:

www.electroluxgroup.com/ir

Link to webcast:

www.electroluxgroup.com/q1-2016
For further information, please contact:

Catarina Ihre, Vice President Investor Relations at +46 (0)8 738 60 87

Merton Kaplan, Analyst Investor Relations at +46 (0)8 738 70 06

Electrolux Press Hotline, +46 8 657 65 07.

Electrolux discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 08.00 CET on April 28, 2016
Electrolux is a global leader in home appliances and appliances for professional
use, based on deep consumer insight. We offer thoughtfully designed, innovative
and sustainable solutions, developed in close collaboration with professional
users. The products include refrigerators, ovens, cookers, hobs, dishwashers,
washing machines, vacuum cleaners, air conditioners and small domestic
appliances. Under esteemed brands including Electrolux, AEG, Zanussi, Frigidaire
and Electrolux Grand Cuisine, the Group sells more than 60 million products to
customers in more than 150 markets every year. In 2015, Electrolux had sales of
SEK 124 billion and 58,000 employees. For more information go to
www.electroluxgroup.com