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ELUX B Electrolux AB News Story

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Brief: Electrolux Targets At Least 4% Annual Organic Sales Growth

Dec 4 (Reuters) - Electrolux AB ELUXb.ST:

HOSTS CAPITAL MARKETS UPDATE: PRESENTS UPDATED STRATEGY AND RECONFIRMS FINANCIAL TARGETS, WITH FOCUS ON ORGANIC SALES

TARGETS AT LEAST 4% ANNUAL ORGANIC SALES GROWTH OVER A BUSINESS CYCLE (PREVIOUSLY SALES GROWTH, INCLUDING ACQUISITIONS AND DIVESTMENTS)

TARGETS OPERATING MARGIN OF  6 % (PREVIOUSLY AT LEAST 6%)

AFTERMARKET ORGANIC SALES AMBITION HAS BEEN ADJUSTED TO A 10% COMPOUND ANNUAL GROWTH RATE (CAGR) OVER A BUSINESS CYCLE

SUSTAINABILITY REMAINS A CORNERSTONE OF GROUP'S STRATEGY, AND COMPANY IS REAFFIRMING ITS SUSTAINABILITY TARGET

Source text: ID:nWkr8MbXJ4

Further company coverage: [ELUXb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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