Electrolux Interim Report, January -- March, 2005


STOCKHOLM, Sweden, April 20, 2005 (PRIMEZONE) -- Electrolux:

-- Net sales amounted to SEK 29,740m (30,493), and income for the period to SEK 854m (569), corresponding to SEK 2.93 (1.86) per share.

-- Operating income was SEK 1,308m (762).

-- Operating income includes restructuring costs of SEK 170m referring to continued turnaround of underperformers.

-- Operating income adversely affected by substantially higher prices for materials, particularly in Europe, North America and Brazil.

-- Continued measures to improve production structure -- four plants under evaluation regarding potential downsizing or relocation.

-- Activities in product development and marketing increasing according to plan.

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