Electrolux Group Interim report Q1 2026
STOCKHOLM, April 24, 2026 /PRNewswire/ -- Highlights of the first quarter of 2026 Net sales amounted to SEK 29,543m (32,576) with flat organic sales of -0.5% (7.9). Organic sales growth was +3.6% in Europe, Middle East & Africa and Asia Pacific...
Electrolux Group and Midea Group form a highly complementary long-term strategic partnership in North America to accelerate profitable growth and strengthen innovation
STOCKHOLM, April 24, 2026 /PRNewswire/ -- Electrolux Group announces today that it has entered into agreements with Midea Group to establish a highly complementary long-term strategic partnership in Food Preservation (refrigeration) manufacturing...
Electrolux Group accelerates profitable growth strategy through a partnership with Midea, global organization and footprint optimization, and a fully underwritten rights issue of approx. SEK 9 billion
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR ANY OTHER JURISDICTION WHERE SUCH ACTION WOULD BE UNLAWFUL STOCKHOLM, April 24, 2026 /PRNewswire/ -- In addition to the...
Teka begins a New Century as part of Midea Group
The integration of Teka Group into the leading technology group will exponentially boost the company's growth and the market penetration of its brands. This operation combines Midea's innovative, technological, and manufacturing potential, Teka...
Witnessing the Future of Smart Living: Midea Group Hosts International Media at Global HQ
FOSHAN, China, April 25, 2025 /PRNewswire/ -- The Midea Group welcomed a delegation of international tech media journalists to its global headquarters today for an exclusive tour of the Midea smart home innovations. The visit offered these...
CLOU's BESS Tour: Empowering Renewable Latin America
SANTIAGO, Chile, March 21, 2025 /PRNewswire/ -- The Energy Year Summit Chile kicked off on March 19th, 2025, in Santiago, Chile. On the second day of the summit, CLOU Electronics successfully hosted the first stop of its 2025 CLOU BESS tour. As...
Midea Strengthens Global Presence in the Heat Pump Industry with Optimistic Market Outlook
FOSHAN, China, Dec. 13, 2024 /PRNewswire/ -- In a recent exclusive interview with JARN, a leading Japanese HVAC industry publication, Peter Guan, Vice President of Midea Group and President of Midea Building Technologies (MBT), shared insights into...