Electrolux 2005 Annual Report Download - page 2

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Reports in 2006
• Consolidated results February 14
• Annual Report Early April
• Form 20-F Second quarter
• Interim report January – March
and Annual General Meeting April 24
• Interim report April – June July 18
• Interim report July – September October 25
• Sustainability Report 2005 Second quarter
Financial information from Electrolux is available on
the Group´s website, www.electrolux.com/ir
The above reports are also available on request
from AB Electrolux, Investor Relations and Financial
Information, SE-105 45 Stockholm, Sweden.
Contacts
Peter Nyquist Tel. +46 8 738 67 63
Vice President,
Investor Relations and
Financial Information
Investor Relations Tel.+46 8 738 60 03
Fax +46 8 738 70 90
E-mail: [email protected]
• Net sales amounted to SEK 130 (121) billion and earnings per share
to SEK 6.05 (10.92)
• The Board proposes to distribute the Outdoor Products operation
to Electrolux shareholders under the name of Husqvarna
• Costs for restructuring to strengthen the Group’s competitiveness
amounted to SEK 3 billion
• Operating income, excluding items affecting comparability,
improved despite strong increase in material costs
• Strong performance for appliances in North America
• Mix improved on basis of greater number of product launches
• The Electrolux share rose by 36%, with a high of SEK 210,
corresponding to a market capitalization of more than SEK 70 billion
Highlights of the year
Contents
Report by the President and CEO 1
The new Husqvarna Group 22
Financial statements 23
Report by the Board of Directors 23
Notes 48
Definitions 83
Financial data 86
Corporate Governance Report 2005 90
Board of Directors 98
Group Management 100
Sustainability 102
Electrolux shares 109
Annual General Meeting 117