Electrolux AB (FRA:ELXA)
€ 15.7 -2.1 (-11.8%) Market Cap: 2.12 Bil Enterprise Value: 4.61 Bil PE Ratio: 0 PB Ratio: 3.13 GF Score: 75/100

Electrolux AB Annual Shareholders Meeting Transcript

Apr 10, 2019 / 03:00PM GMT
Sophie Arnius;publ;Head of IR
AB Electrolux

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And before we proceed to listen to the President's address, I'd like to inform you that [chartered] public accountant, Jan Berntsson, will tell you about the external audit work and present the auditor's report under Item 8. The Nomination Committee's proposal will be introduced under items 11 through 14, and questions can be asked in connection to each of these items. But now I'd like to give the floor to Jonas Samuelson. Jonas, you have the floor.

Jonas Samuelson;publ;President
AB Electrolux;CEO & Director

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Esteemed shareholders, I, too, would like to warmly welcome you -- to those of you who are present and those who are with us online. Welcome to this year's AGM.

2018 was a very eventful year, with raw material costs that spiked, trade tariffs that we're all familiar with and negative currency effects. In spite of that, in 2018, Electrolux delivered its second-best performance, excluding nonrecurring items, ever: SEK 6

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