AB Electrolux Class B ELUXB.ST

AB Electrolux is a multinational company headquartered in Stockholm, Sweden. It was established in 1919 after a merger between Elektromekaniska AB and Swedish AB Lux. This company is a global market leader in the manufacture and supply of both household and industrial appliances. As an international company, it supplies and services appliances across the globe.

In its quest to promote sustainability, AB Electrolux has reduced carbon dioxide emissions by more than 70% across its operations worldwide. The Electrolux AB umbrella includes many well-known household names. Apart from Electrolux, these include known names like AEG, Anova, Frigidaire, and Zanussi. AB Electrolux is an established company in the industry with more than a century’s experience under its belt.

As of August 2022, AB Electrolux employs approximately 52,000 members of staff across the globe. Under their list of brand names, the company estimates that they sell roughly 60 million household goods and products over the course of a year. The company sells these products in a multitude of areas, spanning more than 120 different markets. AB Electrolux has been trading its Class B stock shares on the Stockholm Stock Exchange (OMX) since 1930. It can be found on OMX under the listing ELUXB.ST.

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