Shape Living for the Better

Total Page:16

File Type:pdf, Size:1020Kb

Shape Living for the Better Shape living for the better Electrolux Annual Report 2017 WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 Shape living for the better WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 Shape living for the better Our future is determined by the way we all live our lives. That’s why we strive to improve everyday life for millions of people and the world around us. It is embodied in everything we do. In every idea, every product and every human interaction. — We believe that outstanding taste experiences should be easy for everyone. That there is always a better way to care for our clothes to make them look and feel new longer. That the home should be a place for wellbeing, a place to care for ourselves and our loved ones. To succeed, we continuously rethink and improve our ways of working – internally, and together with our customers and partners. By creating desirable solutions and great experiences that enrich peoples’ daily lives and the health of our planet, we want to be a driving force in defining enjoyable and sustainable living. This is us – at Electrolux we shape living for the better. WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 we reinvent taste, care and wellbeing experiences for more enjoyable and sustainable living around the world taste by making it possible to make great tasting food through our professional expertise care by making it possible to care for your clothes to keep them new for longer wellbeing by making it possible to achieve healthy wellbeing in your home our offering Electrolux is a global leader in household appliances and appliances for professional use. We offer thoughtfully designed, innovative and sustainable solutions, under esteemed brands including Electrolux, AEG, Zanussi and Frigidaire. 122 60 150 BILLION SEK MILLION PRODUCTS SALES IN MARKETS IN SALES SOLD ANNUALLY 56,000 EMPLOYEES WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 contents PURPOSE Taste, Care and Wellbeing offering 3 Electrolux 2017 6 CEO statement 8 Global trends 10 Electrolux purpose 12 Targets 14 STRATEGY Electrolux business model 18 Best-in-class consumer experiences 20 Operational excellence 25 Talent and teamship 29 The path forward 32 MARKETS AND BUSINESS AREAS The appliance market 36 Electrolux market position 38 Major Appliances EMEA 40 Major Appliances North America 42 Major Appliances Latin America 44 Major Appliances Asia/Pacific 46 Home Care & SDA 48 Professional Products 50 THE ELECTROLUX SHARE AND RISK MANAGEMENT The Electrolux share 54 Electrolux and the capital markets 58 Risk management 60 REPORTING Report by the Board of Directors 69 Notes to the financial statements 95 Proposed distribution of earnings 129 Auditors’ report 130 Eleven-year review 134 Operations by business area yearly 136 Quarterly information 137 Sustainability reporting 138 Corporate governance report 148 Annual General Meeting 165 History 166 Events and reports 168 The Annual Report for AB Electrolux (publ), 556009-4178, consists of the Report by the Board of Directors and Notes to the financial statements, pages 69—133. The Annual Report is published in Swedish and English. Sustainability priorities are integrated through out the Annual Report. In the Sustainability reporting section on pages 138—146, the Electrolux sustainability framework and execution are described more in detail. The full Electrolux Sustainability Report is published in an online version at: www.electroluxgroup.com/sustainabilityreport2017 WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 6 Purpose Electrolux 2017 Key highlights 2017 in brief margin improvement Operating income increased by 18%. • Net sales increased by 0.8%, organic 123,511 • Operating margin was 6.1% (5.2). growth was slightly down while acquisi- 121,093 122,060 112,143 • Earnings improved across all tions contributed to sales. Organic 109,151 business areas. growth across most regions while active • Four business areas achieved an product portfolio management to exit 6.1 operating margin above 6%. from unprofitable product categories • Solid operating cash flow after as well as lower volumes under private 5.2 investments. labels in North America impacted • Five acquisitions completed. sales negatively. Operating margin improved to 6.1%. Four of six business areas reached an operating margin above 6%. Increased 3.2 efficiency and product- mix improvement contributed to the positive earnings trend. 2.2 Operating cash flow after investments amounted to SEK 6.9bn. The main contrib- 1.4 utor to this solid cash flow is the earnings development. Acquisitions of SEK 3.4bn Net sales, SEKm impacted cash flow negatively. Operating margin, % ELECTROLUX ANNUAL REPORT 2017 WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 Purpose 7 Key figures business areas OPERATING INCOME OPERATING MARGIN Major Appliances Europe, Middle East and Africa, 32% Major Appliances SHARE OF North America, 33% 7,407 6.1 Major Appliances GROUP SALES Latin America, 14% SEKm percent Major Appliances Asia/Pacific, 8% Home Care & SDA, 6.5% Professional Products, 6.5% OPERATING CASH FLOW1) CAPITAL TURNOVER-RATE 6,877 5.9 sales by region Core Markets Growth markets SEKm times DIVIDEND2) 35% 30% 6% 8.30 9% SEK per share 15% 5% 1) After investments 2) Proposed by the Board product offering for best-in-class consumer experiences taste care wellbeing By making it possible to make By making it possible to care for your By making it possible to achieve great tasting food. clothes so they stay new for longer. healthy wellbeing in your home. Electrolux sells cookers, hobs, ovens, Washing machines and tumble dryers are Electrolux vacuum cleaners, air- hoods, microwave ovens, refrigerators, the core of the Electrolux product offering conditioning equipment, water heaters, freezers and dishwashers for households for washing and garment care. Demand heat pumps, small domestic appliances, and professional kitchens throughout is driven by innovations that promote and accessories are sold to consumers the world. Electrolux is a leader in kitchen user-friendliness and resource efficiency. worldwide. Electrolux has a strong, global appliances and new functionalities are distribution network and an attractive continuously being developed. product offering, including service. 64% share of Group 19% share of Group 17% share sales of which 4% sales of which 2% of Group sales professional products professional products ELECTROLUX ANNUAL REPORT 2017 WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 8 Purpose Operating margin target achieved for 2017 operating margin Electrolux made significant progress in 2017. I am very pleased that we took an important step on our journey toward profitable growth by reaching an operating margin of 6.1%, an improvement of close to 20%. This was achieved through our consistent 6.1% focus on driving sustainable profitability, resulting in improved earnings across all business areas. During the year, a revised company purpose was launched – Shape living for the better – that sets the direction for Electrolux for years to come. ELECTROLUX ANNUAL REPORT 2017 WorldReginfo - 929a4a13-7652-449d-a430-96f55e4e1c47 Purpose 9 In 2017, we reached our operating new Frigidaire product range, which The digital transformation is changing not margin target of at least 6%, for the first received very positive feedback from only Electrolux, but the whole appliance time since 2010. This was an important retail and consumers. The Frigidaire industry, as well as consumer behavior. milestone. Our focus firmly remained on Gallery Freestanding Induction Range This offers both opportunities and chal- achieving sustainable profitability with is the first affordable induction range in lenges. We will continue to accelerate key areas being product portfolio man- the U.S. market. the use of digital solutions to streamline agement and cost efficiency. Our product Our operations in Latin America operations and increase interaction with portfolio management has focused on accomplished a strong turnaround with consumers. our most consumer-relevant and profit- an organic sales growth of 8%, follow- I expect the demand growth across able product categories while exiting ing a decline of 11% in 2016. A favorable most markets to continue in 2018. We aim unprofitable product categories and market trend in major markets such as to make the most of this market growth as markets. Hence, the organic sales for the Brazil and Argentina contributed to the our innovation for Best-in-class consumer Group declined slightly as a reflection of positive development as well as launches experiences is bearing fruit with new that. With operating margin now restored of new consumer- relevant products in improved products that are being very to our target level, our focus is shifting several markets, such as high-capacity well received by the markets. towards profitable growth. Our constant washing machines and microwave ovens Sustainability leadership also contin- work to increase cost efficiency through- with new technologies. Operating income ues to be crucial to delivering Best-in- out the Group made good progress and and margin also improved significantly. class consumer experiences. For the past our cost structure improved significantly. In 2017, we acquired the Continental 16 years , Electrolux has been a signatory We also managed to improve product brand, an acquisition that will enable us of the UN Global Compact, and we are quality to
Recommended publications
  • Service 7000 – Leistung Aus Leidenschaft Ihr Partner Für Service Und Verkauf Sämtlicher Haushaltgeräte Aller Marken
    SERVICE 7000 – LEISTUNG AUS LEIDENSCHAFT IHR PARTNER FÜR SERVICE UND VERKAUF SÄMTLICHER HAUSHALTGERÄTE ALLER MARKEN. UNSEREVON FA DERCTS VISION & FIGURESZUR WIRKLICHKEIT • Hauptsitz in +Netstal Vision: 1 Ansprechpartner für alle Haushaltgeräte • Jahrzehntelange+ mit Erfahrungder Absicht, reparieren(Gründung anstatt 1993) auszutauschen • Über 120 Mitarbeiter+ Gegründet wickeln 1993 von jährlich Martin Reithebuch mehr als 60 000 Einsätze in der ganzen Deutsch- + Hauptsitz in Netstal GL, Filialen in Gossau SG Schweiz ab + und Wangen a. d. Aare BE SH • Servicecenter in BS + 120 Mitarbeitende TG BL AG Gossau SG, JU ZH AR AI + 68‘000 EinsätzeSO pro Jahr SG Netstal GL, ZG FL LU SZ NE GL NW Martin Reithebuch, Unternehmensleiter Wangen a.A. BE OW BE UR FR GR VD TI GE VS Martin Reithebuch Unternehmensleiter 1 PARTNER FÜR ALLE MARKEN? WIE IST DAS MÖGLICH? 1970 | 50 Hersteller 1980 | 34 Hersteller 1988 | 21 Hersteller 1993 | 17 Hersteller 2013 | 7 Hersteller seit 2015 | 6 Hersteller ab 2030 | 2 Hersteller Whirlpool Whirlpool Whirlpool Whirlpool Kitchen Aid Dart & Kraft Chambers Whirlpool/ Roper Roper Bauknecht Philips Philips Whirlpool/ Ignis Philips/Bauknecht Philips/Bauknecht Bauknecht Bauknecht Bauknecht Indesit Indesit Indesit Indesit Indesit Bosch Siemens Bosch-Siemens Constructa Bosch-Siemens Bosch-Siemens Neff Constructa Balay Neff BSH BSH Gaggenau Balay Balay-Safel Balay-Safel Electrolux Gaggenau Gaggenau Gaggenau Arthur-Martin Husqvarna Vest-Frost Zanker Electrolux Granges Therma Tappan Eureka Corbero Corbero Whirlpool/ Zanussi Zanussi Bauknecht
    [Show full text]
  • Consumer Selection Guide to Refrigerators and Freezers
    Virginia Cooperative Extension Service Publication No. 356-160 August 1983 Consumer Selection Guide to Refrigerators and Freezers --- - ·· -- . [ VIRGINIA TECH AND VIRGINIA STATE• VIRGINIA'S LAND GRANT UNIVERSITIES LD ~55 lt'1&~ Consumer Guide fro ~- Key facts to consider before you buy: VP/ This selection guide will help you choose the refrigerator or freezer that's right for you. If you're like most S,ec,,. consumers, you'll keep your new refrigerator or freezer for 15 years or more, so it is especially important you make the right selection. Storage Capacity torage capacity is probably the If you live alone, seldom eat at home • Do you entertain frequently? most important buying considera­ and about the only time you open your A Word About Outside Dimensions. tion. A "too large" n1odel refrigerator is for ice cubes or a quick S Buy a model that will fit into your snack, the smaller single-door refriger­ refrigerates or freezes more space than house. Be sure to measure the space ator may be the right choice for you. \'our familv needs. A "too small" available for your new refrigerator or wili' require extra trips to the ~1odel On the other hand, if you answer "yes" freezer as well as door and hallway store or filling the unit too full for to many of the following questions, clearances and compare these require­ adequate air circulation. In each case, you probably should consider a larger ments to the outside dimensions of the higher operating cost will result. model. model you plan to buy. Also check The capacity of a refrigerator or freezer whether your room layout requires a • Do you have a large family? is measured in cubic feet of food stor­ left or right-hand door.
    [Show full text]
  • Press Release Stockholm, November 13, 2013
    Press release Stockholm, November 13, 2013 Electrolux Capital Markets Day 2013 Electrolux today at its capital markets day presents a status update on the Group’s strategy, focusing on actions to drive profitable growth and further improve operational excellence. President and CEO Keith McLoughlin and members of senior management will hold presentations, including an in-depth view of the operations in North America. The core strategy of Electrolux is based on four pillars: profitable growth, innovation, operational excellence and people and leadership. The presentations will showcase how the strategy creates sustainable economic value, through a continuous flow of consumer-focused product innovations and through adapting the Group’s manufacturing footprint and cost structure. The program includes an overview of the current business environment and expectations for next year. Total market demand is still anticipated to be slightly positive in the fourth quarter. Market demand in 2014 is also expected to be slightly positive, with growth in North America and Asia Pacific partly offset by a flat market in Europe and a slowdown in Brazil from the high levels seen in 2013. Other factors affecting Electrolux in 2014 include a slightly positive price/mix development, with a negative price trend in Europe mitigated by a positive product mix. Cost savings will be approximately 1 billion SEK for the full year. Investments in R&D and marketing will be slightly higher than in 2013, mainly as a result of marketing costs related to product launches in Asia and higher global R&D spending. The impact on earnings from raw material costs is estimated to be roughly flat.
    [Show full text]
  • Gestione Di Diversi International Manufacturing Network Per Diverse Product Line Evidenze Empiriche Da Un Caso Studio Multiplo Nel Settore Degli Elettrodomestici
    UNIVERSITÀ DEGLI STUDI DI UDINE Dottorato di Ricerca in Ingegneria Industriale e dell’Informazione Ciclo XXIV Dipartimento di Ingegneria Elettrica, Gestionale e Meccanica Tesi di Dottorato di Ricerca Gestione di diversi international manufacturing network per diverse product line Evidenze empiriche da un caso studio multiplo nel settore degli elettrodomestici Dottorando: Michela Parussini Relatore: Chiar.mo Prof. Ing. Alberto Felice De Toni Anno Accademico 2011/12 INDICE INDICE DELLE FIGURE .............................................................................................. V INDICE DELLE TABELLE.......................................................................................... IX SINTESI DELLA RICERCA ........................................................................................ XI RESEARCH ABSTRACT .......................................................................................... XIII INTRODUZIONE ....................................................................................................... XV PARTE I - ANALISI DELLA LETTERATURA ......................................................... 1 INTRODUZIONE ALL’ANALISI DELLA LETTERATURA ........................................ 3 1 ORIGINI ED EVOLUZIONE DELLA LETTERATURA SUGLI INTERNATIONAL MANUFACTURING NETWORK .................................................. 7 1.1 DA INTERNATIONAL BUSINESS A INTERNATIONAL MANUFACTURING .................................................................................................. 7 1.2 DALL’INTERNATIONAL MANUFACTURING
    [Show full text]
  • Ovens Hobs Hoods Specials Cold BI Dish
    2013: Sous- vide oven 2004: World’s 2016: World’s first connected oven 1959: Round jar most silent vac 2012: Grand Cuisine, first with camera 1925: World’s first bench dishwasher professional kitchen for 2001: World’s consumers 1912: Lux 1 – first vac absorption fridge first robotic vac 2013: 2004: First Masterpiece tilted Axel Wenner-Gren Ergorapido blender 1919 1962 1974 1984 1986 1991 1994 1997 2000 2011 2017 AB Elektrolux Elektro Eureka Zanussi Frigidaire Lehel AEG Refripar Email – Olympic CTI Anova,(US) Key founded Helios (USA) (Italy) (USA) (Hun- (Germ- (Brazil) Westinghouse Group (Chile) Vintec (AUS),.. acquis- (Sweden) gary) any) (Australia) (Egypt) itions 3 Electrolux Group Products Net sales SEK Sales in People 122 150 56.000 +60 million Products countries in 60 countries bn sold annually 60% 17% 6% 12% 6% Kitchen Laundry Small Adjacent Professional * Include the rapidly growing areas of air-conditioning equipment, water heaters and heat products* pumps, as well5 as consumables, accessories and service appliances Superior Products.. To create best in class consumer experiences. ….Example Kitchen Ovens Hobs Hoods Specials Cold BI Dish Perfectlysteam flexEvery burners day Harmonyfiltration in the freshBI coffee coffee. BestNo in frost class Yourflexibility best glasses mediumsous vide rare flexibilityassisted lowkitchen noise wineBI Microsfor every freshness0 degree glassfor those care cooking occasion unforgettable moments Electrolux sales by region and Competitor Landscape Sales by region 30% 35% 6% 9% 15% 5% 7 The Strategic
    [Show full text]
  • Owner's Manual
    OWNER'S MANUAL 10 Ventilation Slots and openings in the cabinet are provided CAUTION lot ventilation and to ensure reliable operation of the product and to protect it l?om overheating, and these RISKOFELECTRICSHOCK openings must not be blocked or covered. The openings x DONOTOPEN should never be blocked by placing the product on a bed. sofm rug, or uther similar surface. This product should not CAUTION: TO REDUCE THE RISK OF be placed in a built-in installation such as a bookcase or rack ELECTRIC SHOCK, DO NOT REMOVE unless proper ventilation is provided or the manufacturer's COVER (OR BACK). NO USER-SERVICEABLE instructions have been adhered to. PARTS INSIDE. REFER SERVICING TO 11 Power Sources This product should be operated only from QUALIFIED SERVICE PERSONNEL. the type of power source indicated on the marking label. If you are not sure of the type of power supply to your home. consult your product dealer or local power company. For • Explanation of Graphical Symbols products intended to operate from battery power, or uther sources, refer to the operating instructions. The lighming flash with arrowhead symbol, within an 12 Grounding or Polarization This product may be equipped equilateral triangle, is imended1oalerl you to the presence of uninsulated 'dangerous vohage" within with a polarized alternating current line plug (a plug having lhe producl_senclosure lhat may be of suflicicnt one blade wider than the uther). This plug will fit into the nmgnimde to constitute a risk of electric shock to power outlet only one way. This is a sali:ty feature. If you persons.
    [Show full text]
  • Sdkfjlskdjfl;Kasjfdljsdf
    BASE PROSPECTUS AB ELECTROLUX (publ) (Incorporated as a public company with limited liability under the laws of Sweden) EUR 2,000,000,000 Euro Medium Term Note Programme Under the EUR 2,000,000,000 Euro Medium Term Note Programme (the Programme), AB Electrolux (publ) (the Issuer) may from time to time issue notes (the Notes) denominated in any currency agreed between the Issuer and the relevant Dealer (as defined below). The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed EUR 2,000,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement as defined herein), subject to increase as described herein. The Notes may be issued on a continuing basis to one or more of the Dealers specified under “General Description of the Programme” and any additional Dealer appointed under the Programme from time to time by the Issuer (each a Dealer and together the Dealers), which appointment may be for a specific issue or on an ongoing basis. References in this Base Prospectus to the relevant Dealer shall, in the case of an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to subscribe such Notes. An investment in Notes issued under the Programme involves certain risks. For a discussion of these risks see "Risk Factors". Application has been made to the Commission de Surveillance du Secteur Financier (the CSSF) in its capacity as competent authority under the Luxembourg Act dated 10 July 2005 on prospectuses for securities (the Prospectus Act 2005) to approve this document as a base prospectus.
    [Show full text]
  • Aktiebolaget Electrolux
    SECURITIES AND EXCHANGE COMMISSION FORM 6-K Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments Filing Date: 2004-11-09 | Period of Report: 2004-11-09 SEC Accession No. 0000950152-04-008098 (HTML Version on secdatabase.com) FILER AKTIEBOLAGET ELECTROLUX Mailing Address Business Address ST GORANSGATAN 143 ST GORANSGATAN 143 CIK:813810| IRS No.: 000000000 | Fiscal Year End: 1231 STOCKHOLM V7 00000 STOCKHOLM V7 00000 Type: 6-K | Act: 34 | File No.: 000-15741 | Film No.: 041128883 2168982343 SIC: 3630 Household appliances Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Form 6-K No. 1 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of November 2004, Commission file number: 0-15741 AB ELECTROLUX (Translation of registrants name into English) S:t Göransgatan 143, SE-105 45 Stockholm, Sweden (Address of principal executive offices) SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. AB ELECTROLUX (publ.) (Registrant) Date: November 9, 2004 By /s/ Richard S. Pietch Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document PRESS RELEASE Stockholm, November 9, 2004 Page 1 of 1 Organizational changes and new appointments at Electrolux (ELUX) President and CEO Hans Stråberg has announced organizational changes within Electrolux white-goods operations, the purpose of which are to take further advantage of the Groups leading global position.
    [Show full text]
  • Electrolux Annual Report 2017 Shape Living for the Better Shape Living for the Better
    Shape living for the better Electrolux Annual Report 2017 Shape living for the better Shape living for the better Our future is determined by the way we all live our lives. That’s why we strive to improve everyday life for millions of people and the world around us. It is embodied in everything we do. In every idea, every product and every human interaction. — We believe that outstanding taste experiences should be easy for everyone. That there is always a better way to care for our clothes to make them look and feel new longer. That the home should be a place for wellbeing, a place to care for ourselves and our loved ones. To succeed, we continuously rethink and improve our ways of working – internally, and together with our customers and partners. By creating desirable solutions and great experiences that enrich peoples’ daily lives and the health of our planet, we want to be a driving force in defining enjoyable and sustainable living. This is us – at Electrolux we shape living for the better. we reinvent taste, care and wellbeing experiences for more enjoyable and sustainable living around the world taste by making it possible to make great tasting food through our professional expertise care by making it possible to care for your clothes to keep them new for longer wellbeing by making it possible to achieve healthy wellbeing in your home our offering Electrolux is a global leader in household appliances and appliances for professional use. We offer thoughtfully designed, innovative and sustainable solutions, under esteemed brands including Electrolux, AEG, Zanussi and Frigidaire.
    [Show full text]
  • Kenmore Product Service Notes
    Kenmore Product Service Notes We do in fact se rvice Kenmore, but Kenmore is made by all different manufactur ers. In order to know if we service when a customer calls in, we need to know the 3 digit prefix of their model. As you can see in the below example of a Ke nmore model tag, it depicts a “110” As per the below charge, 110 is a Whirlpool. So we do in fact service this Kenmore model. Please use the chart below to reference the customer ’s Kenmore Model prefix, and O NLY dispatch service when it’s for a mfg that we do work for. Prefix Manufacturer Type Prefix Manufacturer Type 103. Roper ct, wo 586. Panasonic 106. Whirlpool ref, ac 587. DM (Frigidaire) dw 110. Whirlpool dw, la 592. Samsung la, mw 116. Absocold im 596. Amana ref 118. Corning ct, ran 612. ACME ran, ref Athens, Royal Chef Kelvinator 119. ct, ran 622. (Frigidaire), Roper * (Frigidaire) Kelvinator 126. Absocold? ref, im 628. (Frigidaire) 143. Monarch/Simpson? ra 629. Jenn Air 153. State Industries wh 630. Bosch dw 154. Whirlpool ct, ran 647. Roper 155. Preway (Whirlpool) ran 651. Speed Queen 174. Caloric 664. Whirlpool ct, wo 175. In-Sink-Erator disp 665. Whirlpool dw ran wo 183. Haier frz 666. KitchenAid ran 196. Brown Stove? ran 675. WC Wood Co. ref, frz 198. Whirlpool frz 683. Philco Italy? la 233. Broan hood 719. Tappan (Frigidaire) 251. Winix Inc. dehum 721. Goldstar (LG) mw 253. Gibson (Frigidaire) ac, ref 747. Litton mw Ranney/Northland, 255. Midea frz 757.
    [Show full text]
  • 695 Kitchen Accessories Auction in Denton, TX 8/15/2021
    09/28/21 08:00:26 ID: 695 Kitchen Accessories Auction In Denton, TX 8/15/2021 Auction Opens: Mon, Aug 9 6:00pm CT Auction Closes: Sun, Aug 15 8:15pm CT Lot Title Lot Title GKI0815001 Anova Culinary ANTC01 Sous Vide Cooker GKI0815014 Msake Mini Fridge 10 Liter/8 Can Cooler and Cooking container, Holds Up to 16L of Water, Warmer Thermoelectric with AC/DC Power With Removable Lid and Rack MSRP $79.99 Compact Refrigerator for Skincare Medications GKI0815002 KRUPS KM550D50 Personal Cafe Grind Drip and Breast Milk Storage, Home Office and Maker Coffee Grinder, 4 cups, Silver MSRP Travel MSRP $99.98 $99.99 GKI0815015 Chard ASP30, Aluminum Perforated Safety GKI0815003 Hamilton Beach 49974 FlexBrew Single-Serve Hanger, 30 Quart Stock Pot and Strainer Basket Coffee Maker Compatible with Pod Packs and MSRP $42.99 Grounds, Black MSRP $63.99 GKI0815016 Rubbermaid Antimicrobial Food Storage, 42- GKI0815004 Get RST-2517-1-M Coffee Table/Ottoman Tray Piece Set, Grey MSRP $27.99 with Handles, 25" x 16", Mahogany MSRP GKI0815017 SAND MINE Reversible Mats, Plastic Straw $57.99 Rug, Modern Area Rug, Large Floor Mat and GKI0815005 COSORI Smart WiFi Air Fryer(100 Recipes), Rug for Outdoors, RV, Patio, Backyard, Deck, 13 Cooking Functions, Keep Warm & Preheat Picnic, Beach, Trailer, Camping (9' x 12', & Shake Remind, Works with Alexa & Google Black & White Checkered) MSRP $71.99 Assistant, 5.8 QT, Black MSRP $139.99 GKI0815018 DASH DEG200GBBK01 Everyday Nonstick GKI0815006 Chef's Supreme - Vegetable Dicer w/ 3/8" Electric Griddle for Pancakes, Burgers, Stainless
    [Show full text]
  • Keith Mcloughlin Och Ulrika Saxon Föreslås Som Nya Styrelseledamöter I Electrolux
    2011-02-17 15:24 CET Keith McLoughlin och Ulrika Saxon föreslås som nya styrelseledamöter i Electrolux Electrolux valberedning föreslårinför bolagsstämman den31 marsattKeith McLoughlinoch Ulrika Saxon väljs in som nya styrelseledamöter.Valberedningen föreslår också omval avMarcus Wallenberg, Peggy Bruzelius, Lorna Davis, Hasse Johansson, John S. Lupo, Torben Ballegaard Sørensen och Barbara Milian Thoralfsson.Johan Molin och Caroline Sundewall haravböjt omval till styrelsen ochHans Stråbergavgick som styrelseledamot den 31 december2010. Keith McLoughlinefterträdde Hans Stråberg som VD och koncernchef den 1 januari 2011. Innan dess var McLoughlin globalt ansvarig för produktutveckling, tillverkning och inköp inom Electrolux vitvaruverksamhet. McLoughlin började vid Electrolux 2003 som chef för vitvaruverksamheten i Nordamerika. McLoughlin, född 1956, är amerikansk medborgare och har en Bachelor of Science in Engineering från United States Military Academy i West Point. Ulrika Saxon har innehaft flera ledande befattningar i Bonnierkoncernen och är VD för Bonnier Magazines respektive Bonnier Morning Papers sedan 2009 samt för Bonnier Tidskrifter sedan 2005. Hon sitter även i koncernledningen för Bonnier AB. Bonnierkoncernen är en mediekoncern, aktiv inom alla medieslag, med verksamhet i 16 länder. Saxon är styrelsemedlem i flera företag, bland annat Sydsvenskan Group och Dagens Nyheter. Saxon, född 1966, är svensk medborgare och har en ekonomutbildning med marknadsföringsinriktning från Handelshögskolan i Stockholm. Electrolux valberedning utgörs av Petra Hedengran (ordförande), Investor AB, Ramsay J. Brufer, Alecta, Marianne Nilsson, Swedbank Robur fonder och Peter Rudman, Nordeas fonder. I valberedningen ingår också Marcus Wallenberg och Peggy Bruzelius, ordförande respektive vice ordförande i Electrolux. För mer information vänligen kontakta Electrolux pressjour: 08-657 65 07. Electrolux är en av världens ledande tillverkare av hushållsmaskiner samt motsvarande utrustning för professionell användning.
    [Show full text]