Electrolux AB Q3 2021 Earnings Call Transcript - Thomson StreetEvents

Electrolux AB Q3 2021 Earnings Call Transcript

Electrolux AB Q3 2021 Earnings Call Transcript - Thomson StreetEvents
Electrolux AB Q3 2021 Earnings Call Transcript
Published Oct 27, 2021
Published Oct 27, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of ELUXb.ST earnings conference call or presentation 27-Oct-21 7:00am GMT

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Electrolux AB
Ticker
ELUXb.ST
Time
7:00am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Johan Eliason - Kepler Cheuvreux, Research Division - Analyst : And congratulations for the decent results in what must be a very challenging supply situation right now. It seems though that some players are managing this supply situation different from others. If I look at North America, where we still have some positive market volumes, it seems like, if I understand your numbers correct, that your volumes were negative year-over-year. We also had Whirlpool volumes being negative year-over-year. So I was wondering who is taking the market share? Is it the Chinese guy who's managing the supply better or the Koreans with their new plants? Do you have any view on that? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. OCTOBER 27, 2021 / 7:00AM, ELUXb.ST - Q3 2021 Electrolux AB Earnings Call

Question: Fredrik Moregard - Pareto Securities AS, Research Division - Analyst : So I appreciate your comments on retail inventories outside of North America being largely rebalanced, but with some imbalances between categories and impacting mix. Just curious to hear your thoughts of how retailers are sort of handling that shortage of high mix products. Is there a risk that they're overstocking on sort of low-ticket items and there being potentially some price pressure on those categories going forward?

Question: Johan Eliason - Kepler Cheuvreux, Research Division - Analyst : I was just curious about you mentioning the Electrolux brand portfolio in North America. I remember Keith spent a fortune on introducing the brand over there a decade ago. And is this now linked to the new plans and your ambition to move up in terms of position North versus premium? Can you share any details on the Electrolux brand? What's sort of the market share for that brand? And what's the share of your revenues in North America? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. OCTOBER 27, 2021 / 7:00AM, ELUXb.ST - Q3 2021 Electrolux AB Earnings Call

Question: Johan Eliason - Kepler Cheuvreux, Research Division - Analyst : Okay. Good. Then just finally, we heard your American competitor talking favorably of the -- especially the North American appliance market going forward. And I sort of think that you are sharing that view. They are now targeting growth rates of 5% to 6%, which is obviously above your 4% growth ambitions. Is this a worry for you? Or is it just that the -- or the market is set to grow very nicely going forward, there's plenty of volumes for all of us?

Table Of Contents

Electrolux AB Cost Reduction Program and Management Changes Call Transcript – 2022-09-12 – US$ 54.00 – Edited Transcript of ELUXb.ST conference call or presentation 12-Sep-22 8:00am GMT

Electrolux AB Q2 2022 Earnings Call Transcript – 2022-07-21 – US$ 54.00 – Edited Transcript of ELUXb.ST earnings conference call or presentation 21-Jul-22 7:00am GMT

Electrolux AB Q1 2022 Earnings Call Transcript – 2022-04-29 – US$ 54.00 – Edited Transcript of ELUXb.ST earnings conference call or presentation 29-Apr-22 7:00am GMT

Electrolux AB Annual Shareholders Meeting Transcript – 2022-03-30 – US$ 54.00 – Edited Transcript of ELUXb.ST shareholder or annual meeting 30-Mar-22 2:00pm GMT

Electrolux AB Q4 2021 Earnings Call Transcript – 2022-01-28 – US$ 54.00 – Edited Transcript of ELUXb.ST earnings conference call or presentation 28-Jan-22 8:00am GMT

Electrolux AB Q2 2021 Earnings Call Transcript – 2021-07-20 – US$ 54.00 – Edited Transcript of ELUXb.ST earnings conference call or presentation 20-Jul-21 7:00am GMT

Electrolux AB Q1 2021 Earnings Call Transcript – 2021-04-28 – US$ 54.00 – Edited Transcript of ELUXb.ST earnings conference call or presentation 28-Apr-21 7:00am GMT

Electrolux AB Q4 2020 Earnings Call Transcript – 2021-02-02 – US$ 54.00 – Edited Transcript of ELUXb.ST earnings conference call or presentation 2-Feb-21 8:00am GMT

Electrolux AB Capital Markets Update (virtual) Transcript – 2020-11-17 – US$ 54.00 – Edited Transcript of ELUXb.ST conference call or presentation 17-Nov-20 2:00pm GMT

Electrolux AB Q3 2020 Earnings Call Transcript – 2020-10-23 – US$ 54.00 – Edited Transcript of ELUXb.ST earnings conference call or presentation 23-Oct-20 7:00am GMT

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Thomson StreetEvents. "Electrolux AB Q3 2021 Earnings Call Transcript" Oct 27, 2021. Alacra Store. May 10, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Electrolux-AB-Earnings-Call-T15006009>
  
APA:
Thomson StreetEvents. (2021). Electrolux AB Q3 2021 Earnings Call Transcript Oct 27, 2021. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Electrolux-AB-Earnings-Call-T15006009>
  
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