Q1 2019 Electrolux AB Earnings Call Transcript
()- -
Good morning, and a warm welcome to the First Quarter 2019 Result Presentation. With me today, I have our CFO, Therese Friberg; and our Head of Investor Relations, Sophie Arnius. Before starting, I'd like to mention that this session is recorded and will be available on our website as an on-demand version.
Turning to our business overview and starting with the first quarter highlights. We had positive growth in most of our business areas in the first quarter, and we're starting the year with strong price execution with new prices increases at the beginning of the year as well as carry over from previous year price increases.
We continued our positive mix development thanks to our innovative products, but volumes declined mostly due to our private label business in North America continuing its negative trend. The earnings were fairly in line with last year despite significant cost headwinds from raw materials, tariffs and currency. And our strong price realization is now fully
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
