Electrolux has posted a strong third-quarter performance, with operating profits more than doubling year-over-year—thanks largely to a revitalized North American business. The Swedish appliance giant, whose portfolio includes household names like Frigidaire and AEG, reported operating earnings of 890 million kronor ($94.5 million), up from 349 million kronor in the same period last year.
This impressive leap was fueled by a 5% organic sales increase, driven primarily by double-digit growth in North America. After years of grappling with high production costs, plant inefficiencies, and intense competition, Electrolux’s U.S. operations have turned a corner—gaining market share and helping to offset rising customs duties.
“Despite a pressured price environment, we were able to offset most of the cost increases related to US customs duties in the third quarter,” said CEO Yannick Fierling, highlighting the company’s resilience and strategic progress.
Tag Archives: Frigidaire
Frigidaire Gallery Range with Stone-Baked Pizza Mode.
The new Frigidaire Gallery Range with Stone-Baked Pizza Mode. 🍕
It’s the first residential oven designed to reach 750°F to bring true, restaurant-quality pizza straight to consumers’ kitchens. Think light, airy crust, with that perfect leopard char – in as little as two minutes! Keep in mind, cook time requires preheat/reheat and may vary based on ingredients.
No outdoor setup. No extra appliances. Just one game-changing oven.
Electrolux Group Reannounces Recall of Frigidaire and Kenmore Electric Ranges
If you have an electric Kenmore or Frigidaire stove, you should check your model number to see if it’s been recalled.
200,000 stove tops from Kenmore and Frigidaire have been recalled by the United States Consumer Product Safety Commission because they pose a risk of fire or burn injury. If you have a Kenmore or Frigidaire electric cooktop that was purchased between June of 2001 and August of 2009, you should check to see if your stove is included in the recall. Here’s what you need to know about the recall and how to deal with a recalled stove
Over 200 incidents have been reported of the stoves exhibiting problems with the switches that control the burners. 14 fires and eight injuries due to burns and smoke inhalation have been caused by the faulty burners. There was an original recall issued in 2009, but Electrolux has reissued the recall because of the more than 200 reported incidents since then.https://www.cpsc.gov/Recalls/2024/Electrolux-Group-Reannounces-Recall-of-Frigidaire-and-Kenmore-Electric-Ranges-Due-to-Fire-and-Burn-Hazards-Multiple-Fires-and-Injuries-Reported
Electrolux Air fryer
Electrolux award-winning air fryers. Staying true to with their goal of making healthy and sustainable eating the preferred choice by 2030, this new generation of air fryers can help consumers cook their food with up to 90% less fat and up to 50% fewer calories*, in a faster and more energy-efficient way that doesn’t compromise on the taste.
The compact size of the air fryer, designed to fit in even a small kitchen in the modern home, also means fewer raw materials are used to produce it and allows us to be more efficient with our logistics.
The range is also designed with a multicultural perspective in mind, giving users the opportunity to explore new recipes and cooking techniques offered on the user interface. We’re proud to add that the range recently received two prestigious iF Design Awards in both the product design and user interface categories. Known as Electrolux 600 and 700 Air Fryers/AEG 6000 and 7000 Air Fryers in Europe and Electrolux UltimateTaste 300 and 500 Air Fryers in Asia Pacific, Middle East and Africa, the range was launched earlier this month. It will be launched in North America as Frigidaire 5.3 Qt Air Fryer in September this year.
Frigidaire award
Reviewed.com has awarded four Frigidaire and Frigidaire Gallery refrigerators “Best of 2023.” Among them, we can find Gallery 21.5 Cu. Ft. Counter-Depth 4-Door Refrigerator, a model that offers several plusses such as the Custom-Flex® Temp Zone, which converts from fridge to freezer, so user can store all his and his family favorites from yogurt to frozen pizza. This zone can be set anywhere from -6 to 45 degrees.
Moreover, this refrigerator helps keep fruits and vegetables fresh longer with CrispSeal® crispers with auto humidity. Keep produce fresher longer than traditional slider-controlled crispers with advanced crisper technology that automatically removes excess moisture and blocks out dry air to help prevent spoiling.
In addition, the flexible SpaceWise® Organization System features an expandable door bin, adjustable shelving, a SnackZone, a flip-up shelf to fit taller items, and a convertible shelf that can be used as shelving storage or used for the built-in wine rack.
Frigidaire relaunch in Middle East
ELECTROLUX relaunch the American heritage brand Frigidaire in MENCA. With its advanced technology and consumer-centric approach, Frigidaire will revolutionise Middle Eastern homes.
“Given the increase in trends on home improvements off the back of the pandemic, now is the best possible time to land our entire new lineup to the region,” says Vitor Maia, General Manager – Electrolux MENCA.
We gave retailers a taste of what the brand offers in a three-day event, touring them in Dubai hotspots and letting them experience the products firsthand. https://www.frigidairearabia.com/
Learn more at https://lnkd.in/gz92VV-f
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