34 C
Vientiane
Tuesday, May 6, 2025
spot_img
Home Blog Page 704

2025 VivaTech Confidence Barometer: Tech and business in the USA are confident while Europe moves at different speeds

Announcing the second edition of the VivaTech Confidence Barometer, an international survey of tech executives conducted by OpinionWay in Europe (France, Germany, United Kingdom, Spain, Italy) and North America (USA, Canada)

PARIS, Jan. 30, 2025 /PRNewswire/ — Technological progress is seen as increasingly strategic by companies, and as a priority area of investment for senior executives. There is a marked divergence of opinions among respondents, with Americans perceiving themselves as more competitive than their counterparts in Europe.

2025 VivaTech Confidence Barometer: Tech and business in the USA are confident while Europe moves at different speeds
2025 VivaTech Confidence Barometer: Tech and business in the USA are confident while Europe moves at different speeds

AI, a Challenge Accepted by Businesses Everywhere

100% of executives believe that the adoption of at least one new technology generates tangible benefits for their company, such as increased productivity (62%) and reduced operational costs (48%).

Unsurprisingly, AI clearly stands out as the technology most likely to have an impact on the companies’ business (65%), well ahead of cybersecurity (41%) and cloud computing (39%).

Over the next 12 months, 85% of the companies surveyed plan to increase their investment in AI.

Differing Perceptions of Competitiveness in the International Arena

The United States and the United Kingdom are the most confident about the ability of their tech sectors to compete internationally, with 92% and 81% of CEOs respectively believing their country to be at the forefront, unlike Italy, which feels less confident (64%).

Executives were also asked about the adoption of technological innovations by their countries. Here, too, executives in the USA and the United Kingdom feel their countries are leading the way, with 87% and 82% respectively believing their companies are at the forefront of the adoption of technological innovations. This contrasts with Italy, where executives again see their country as lagging behind (44%).  

Technological Progress: Source of Concern, Source of Solutions

Three quarters (77%) are equally concerned about the invasion of privacy and the proliferation of fake news and the difficulty of identifying it.

The negative impact of tech on the environment is also a concern for 70% of business leaders among which, unicorns, startups and scaleups are more concerned with 47% saying they are very concerned about this issue.

But while technology carries its share of uncertainties and risks, it is also seen by more than 9 out of 10 business leaders (90%) as a solution to the major challenges of our time.

Contact: vivatech@publicisconsultants.com 

Grains of Truth 2024 – Global Insights on Healthy and Sustainable Food Systems

Unlocking the Potential of Plant-Based Diets: Overcoming Barriers of Cost and Taste

OSLO, Norway, Jan. 30, 2025 /PRNewswire/ — The Grains of Truth 2024 report, released today by EAT and GlobeScan, reveals a mixed picture of progress towards a plant-based future. While 68% of people globally express a desire to eat more plant-based foods, only 20% do so regularly, down from 23% in 2023. This disparity underscores the need to address persistent barriers such as food affordability, flavor, and accessibility to accelerate the shift towards healthy and sustainable diets that support people and planet.

The report, based on insights from over 30,000 consumers across 31 markets, reveals that economic pressures, particularly rising food costs, are major obstacles. Price is the biggest hurdle, cited by 42% of respondents, while 35% are deterred by flavor. This is particularly true in North America and Europe, where affordability is a critical barrier. In the Asia-Pacific region, concerns about nutritional adequacy are prominent.

Generational divides are also evident. Millennials, especially those with children, show the most enthusiasm for plant-based diets, yet affordability and convenience remain challenges. Baby boomers prioritize healthy eating but are often hesitant due to concerns about taste and texture.

Despite these challenges, the report underscores the potential of plant-based diets to contribute to sustainability and health goals. 69% of respondents believe reducing meat consumption benefits the world, with health as the primary driver. However, financial considerations now outweigh animal welfare as a motivator for dietary change, reflecting the economic pressures faced by consumers.

Dr. Gunhild Stordalen, EAT Co-founder and Executive Chair, emphasized the need for bold action. “This report underscores the urgency of action. We need a food system where plant-based diets are not just a choice, but an accessible and appealing reality for everyone.”

Chris Coulter, GlobeScan CEO, added, “This is a crucial moment in our global dietary shift. Consumers are ready for change, but barriers like price, convenience, flavor, and trust remain. By uniting governments, food producers, and consumers, we can overcome these challenges.”

The report shows the potential for dietary change but stresses the need for action. This includes subsidies, product innovation to improve plant-based foods, and public education. With the right steps, we can create a healthy, sustainable and equitable food system.

To download the full report, visit here.

Contact:
Iain Shepherd, Chief Communications Officer – iain@eatforum.org

WEEX Completes First-Ever Burn $120 Million Worth of WXT, Reducing Supply by 40% — Could WXT Be the Next 100x Gem?

SINGAPORE, Jan. 30, 2025 /PRNewswire/ — Platform tokens like BNB and BGB have demonstrated their ability to create immense value through well-planned tokenomics strategies. Following these examples, WEEX is set to execute a significant milestone: the planned destruction of 40% of WXT’s total supply, valued at $120 million, signals a strategic step towards increasing scarcity and enhancing the token’s utility within the WEEX ecosystem.

WEEX Completes First-Ever Burn $120 Million Worth of WXT, Reducing Supply by 40% — Could WXT Be the Next 100x Gem?
WEEX Completes First-Ever Burn $120 Million Worth of WXT, Reducing Supply by 40% — Could WXT Be the Next 100x Gem?

WXT $120 Million Burn vs. BNB and BGB

As outlined in the burn process, WEEX ensures complete transparency by recording every token burn event on-chain. Such openness reinforces investor confidence and showcases the platform’s dedication to responsible token management.

Key Post-Burn Metrics

  • Token Name: WEEX Token (WXT)
  • Blockchain: Ethereum (ERC-20)
  • Total Supply After Burn: 6,000,000,000
  • Burned Token Value: $120 million

For comparison, Binance’s 30th quarterly burn eliminated 1.63 million BNB, valued at $1.16 billion, while Bitget unveiled a plan to burn over $5 billion worth of BGB tokens, WEEX’s upcoming burn stands out as a bold move to immediately reduce WXT’s supply by 40%. With plans for regular quarterly burns in the future, this initial large-scale reduction signals WEEX’s commitment to aligning with proven strategies in the industry while tailoring its approach to meet the platform’s growth and community needs.

Expanding Utility Across the WEEX Ecosystem

A Growing Ecosystem Backed by Numbers

Since its launch in August 2023, WXT has seen a cumulative price increase of 384%, reflecting its growing utility and market confidence. Over the past year, WEEX has solidified its presence in the global cryptocurrency market:

  • Daily Trading Volume: Exceeding $20 billion, consistently ranking among the top 10 derivatives exchanges.
  • Active User Base: Over 5 million users, supported by partnerships with 10000 star traders and 2000 global influencers.
  • Security and Transparency: Backed by a 1000 BTC investor protection fund and on-chain verification of all token burns.

These figures underscore the platform’s robust foundation and the critical role WXT plays in its ecosystem.

A Systematic Burn Schedule for Sustainable Growth
The whitepaper also highlights WEEX’s ongoing commitment to reducing WXT’s circulating supply through quarterly burns. This process involves allocating 20% of the exchange’s quarterly revenue—including spot and futures transaction fees and listing fees—for token repurchases and subsequent destruction.

Such a systematic approach ensures WXT remains deflationary, sustaining its scarcity while reinforcing its value proposition within the ecosystem.

Benefits for WXT Holders

The whitepaper emphasizes WXT’s integration into the WEEX platform’s comprehensive offerings,too. WXT holders enjoy numerous benefits:

1)Fee Discounts: Up to 70% off futures trading fees, making trading more cost-efficient.

2)Profit Opportunities: Enhanced profit-sharing through copy trading and VIP upgrades.

3)Exclusive Airdrops: Access to high-value token airdrops via the WE-Launch program, with annualized returns potentially exceeding 140%.

4)Governance Rights: WXT holders can participate in platform decision-making, including proposals for new listings and feature updates.

Future plans include integrating WXT into decentralized finance (DeFi) applications and extending its utility to cross-chain platforms and decentralized exchanges (DEXs), further broadening its use cases.

Will WXT Be the Next 100x Gem?

The upcoming $120 million WXT burn is poised to make an impact in the competitive landscape of platform tokens. By reducing its supply significantly, WEEX creates a foundation for WXT’s scarcity-driven value potential, positioning it alongside successful examples like BNB and BGB.

As WEEX continues to innovate and expand globally, WXT’s future will be shaped by its ability to adapt to market demands and deliver value to its holders. Whether WXT achieves “100x gem” status will depend on the platform’s sustained efforts to refine its tokenomics and expand its applications.

For those seeking a platform token with robust fundamentals and growth potential, WXT presents a compelling opportunity as it navigates the next stage of its evolution.

About WEEX

Founded in 2018, WEEX has quickly emerged as a global leader in cryptocurrency trading. With an extensive selection of trading pairs, cutting-edge features like WE-Launch, and partnerships with global icons like Michael Owen, WEEX continues to redefine the trading experience for millions worldwide.

For more information:

Website: WEEX Exchange

 

Euroclear enters into 7-year strategic partnership with Microsoft harnessing cloud, data and AI

  • Strategic partnership to accelerate Euroclear’s vision to create an open digital and data platform driving greater efficiency for all capital markets participants 
  • Cooperation to transform Euroclear’s technology infrastructure with Microsoft’s cloud solutions 
  • Co-development of industry-leading, innovative solutions unlocking the wealth of data of Euroclear’s ecosystem

BRUSSELS, Jan. 30, 2025 /PRNewswire/ — Euroclear has announced today a 7-year strategic partnership with Microsoft to transform Euroclear clients’ experience and drive new opportunities for growth.

The partnership further strengthens Euroclear’s business ecosystem and technology infrastructure by leveraging Microsoft’s leading technology, expertise and cloud services. This will enhance Euroclear’s ability to create value for all market participants and unlock new opportunities at the core of the capital markets ecosystem. Microsoft will support Euroclear’s strategic ambition in key growth areas like funds and client experience as well as its long-term vision to evolve into a Digital and Data-Enabled Financial Market Infrastructure. 

By joining forces with Microsoft, Euroclear will be pioneering innovative digital and data-centric initiatives, which will foster collaboration with other industry participants to create shared solutions based on standardised and compatible technologies that bring the best value to industry service providers but also to issuers and investors alike. 

Valérie Urbain, CEO of Euroclear, said: “Technology is rapidly transforming financial market infrastructures. Harnessing the latest developments in cloud, AI and analytics is a critical enabler of Euroclear’s strategy and a driver of innovation, new business and resilience. Microsoft’s technology leadership and understanding of financial markets make it an ideal strategic partner for the next stage in our journey. This mutually beneficial relationship greatly accelerates our ambitions and should bring us much closer to clients.” 

“Our partnership with Euroclear combines their extensive financial ecosystem—connecting more than 2,000 financial institutions—with the trust and scalability of the Microsoft Cloud including Microsoft Azure, Microsoft Copilot, Azure AI, Microsoft Fabric, and Microsoft Teams,” said Ralph Haupter, President, EMEA at Microsoft. “Together, we are enabling a shift from traditional sequential workflows to an ecosystem-centric capital markets model. This transformation will empower financial institutions to reimagine how they interact, analyse data, and deliver insights to end users, driving efficiency and innovation across the industry.” 

The adoption of Microsoft’s cutting-edge technologies like cloud (which in turn is a platform for scalable transformation) and generative AI will streamline platform development and operations. The use of Microsoft’s flexible cloud capacity and automated solutions for rapid disaster recovery and business continuity will further improve Euroclear’s resilience and security.

The partnership’s initial focus has been established and will gradually evolve to co-develop additional digital and data initiatives and scale modernisation efforts. The initial scope for 2025 will focus on:

  • Developing a financial data sharing ecosystem: Designing a secure platform to enable collaboration and data sharing, leveraging Microsoft’s secure identity, confidential data sharing and cross-collaboration capabilities.
  • Transforming Euroclear’s global offering, Euroclear FundsPlace: Enhancing the customer experience with AI-driven insights, streamlined operations, and increased efficiencies for market participants.
  • Modernising customer engagement: Establishing a unified platform to enhance Euroclear’s customer interactions and streamline operations across all customer-facing business lines.
  • Strengthening market infrastructure: Building next-generation, secure financial infrastructure with built-in compliance, security, and reliability to support mission-critical workloads.

The partnership is sponsored by senior executives from both sides, representing both IT and business perspectives, to ensure the successful development of the partnership and the delivery of value for our clients and ecosystem partners.

About Euroclear
Euroclear group is the financial industry’s trusted provider of post trade services. Guided by its purpose, Euroclear innovates to bring safety, efficiency and connections to financial markets for sustainable economic growth. Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives and investment funds. As a proven, resilient capital market infrastructure, Euroclear is committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise. The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden, Euroclear UK & International.

About Microsoft
Microsoft (Nasdaq: “MSFT” | @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

In Belgium and Luxembourg, Microsoft employs over 500 people and has a powerful network of more than 6,000 partners. With them, Microsoft Belux helps build solutions for corporations of all sizes, government institutions, and NGOs. Microsoft Belux aims to accompany its customers on the journey towards a digital society, overcoming the challenges it brings and seizing the opportunities it offers.

Pascal Brabant
pascal.brabant@euroclear.com
+32 475 78 36 62

 

 

Clean electricity provides impetus for the development of the non-ferrous metals industry

BORTALA, China, Jan. 30, 2025 /PRNewswire/ — On January 26, employees from the State Grid Bortala Power Supply Company conducted a comprehensive electrical inspection at Xinjiang Eurasia Copper Industry Co., Ltd. to ensure reliable power supply for copper production ahead of the Spring Festival.

Eurasia Copper Industry is one of the key investment projects in the autonomous region. Leveraging its strategic location near the port, it imports concentrated raw materials from Kazakhstan and neighboring countries for production and processing. The finished products are then distributed directly to the five Central Asian countries and the five northwestern provinces of China for sale.

The State Grid Bortala Power Supply Company has meticulously designed a specialized power supply plan, completing a 110 kV integrated protection zone transmission and transformation project. This initiative optimizes the power grid structure and extends the 10 kV Zongyou Line to meet the dual power supply requirements of Eurasia Copper Industry, thereby promoting the development of the non-ferrous metal industry chain in Bortala Prefecture.

The renowned wind area of Alashankou City, situated in the narrow corridor between the Altai Mountains and the Baluruk Mountains, facilitates green electricity trading for 86 users.

The power supply company has assigned dedicated customer service managers to closely monitor the production readiness of the enterprise. They conduct monthly evaluations and analyses of power consumption and electricity costs for Xinjiang Eurasia Copper Industry Co., Ltd., providing guidance and recommendations on energy use. This ensures uninterrupted power supply during the company’s capacity expansion and process improvement efforts, delivering seamless service to customers.

Gravity Announces Global Release of World Craft RPG ‘KAMiBAKO (KAMiBAKO – Mythology of Cube -)’!

SEOUL, South Korea, Jan. 30, 2025 /PRNewswire/ — The global gaming company Gravity officially released the new PC and console game ‘KAMiBAKO (KAMiBAKO – Mythology of Cube -, hereinafter referred to as KAMiBAKO)’ in global regions excluding Japan on the 30th.

Gravity Announces Global Release of World Craft RPG 'KAMiBAKO (KAMiBAKO - Mythology of Cube -)'!
Gravity Announces Global Release of World Craft RPG ‘KAMiBAKO (KAMiBAKO – Mythology of Cube -)’!

KAMiBAKO is a world craft RPG that combines unique genres such as map crafting, puzzles, battles, and RPGs, providing a unique experience. In a world fragmented by a great division, where the land is riddled with cubic holes, the journey to restore the land and revive the world’s vitality unfolds.

As a restorer, the player can solve the fragmentation puzzle, and on lands that are not fragmented, crops and produced materials can be obtained through farming, building construction, and other activities. Players can defeat the monsters that appear on the land to collect cubes, which can be used to summon spirits and use the mana within the cubes to unleash powerful special moves during battles.

KAMiBAKO is available for digital purchase on Steam®, PlayStation®4, PlayStation®5, and Nintendo Switch™ platforms in global regions. Players can download the game immediately after purchasing from the KAMiBAKO sales page from each platform. The game supports Korean, English, Japanese, and Simplified/Traditional Chinese. In August 2024, KAMiBAKO was pre-released in Japan as both a package and digital version for PlayStation®4, PlayStation®5, and Nintendo Switch™.

Yoo Joon, the business team leader at Gravity, stated, “KAMiBAKO boasts an overwhelming scale set in a vast open-world map, offering a unique genre of world-crafting RPG that provides unique entertainment. For those seeking a different game experience not easily encountered before, it is for sure that players will be satisfied. Hope for significant interest from users.”

Details about the digital versions of KAMiBAKO for Steam®, PlayStation®4, PlayStation®5, and Nintendo Switch™ can be found on the respective KAMiBAKO sales pages.

[Gravity Official Website] http://www.gravity.co.kr

[KAMiBAKO(KAMiBAKO – Mythology of Cube -) Official Steam Page] https://store.steampowered.com/app/2081340/KAMiBAKO__Mythology_of_Cube/ 

[KAMiBAKO (KAMiBAKO – Mythology of Cube -) Official PlayStation Page]
https://store.playstation.com/en-us/concept/10008937 

[KAMiBAKO (KAMiBAKO – Mythology of Cube -) Official Nintendo Switch Page]
https://www.nintendo.com/us/store/products/kamibako-switch/ 

Contacts
Gravity Co., Ltd.
Wonjin Park, Director of the Unit
wj.park@gravity.co.kr
Hyoyoung Kim, Assistant Manager
hykim@gravity.co.kr

Electrolux Group Year-end report Q4 2024

STOCKHOLM, Jan. 30, 2025 /PRNewswire/ —

Highlights of the full-year of 2024

  • In full-year 2024, net sales increased to SEK 136,150m (134,451) and operating income excl. non-recurring items was SEK 1,666m (414). Higher sales volumes and positive mix contributed positively to earnings, driven by the attractive product offering. Cost reduction measures contributed to a SEK 4.0bn positive impact from cost efficiency.

Highlights of the fourth quarter of 2024

  • In the fourth quarter, net sales amounted to SEK 37,968m (35,636) and organic sales increased by 11.5% driven by higher volumes and positive mix. Operating income was SEK 1,052m (-3,215), corresponding to a margin of 2.8% (-9.0). Operating income included a non-recurring item of SEK -198m (-2,491) related to business area Europe, Asia-Pacific, Middle East and Africa, and the divestment of the water heater business in South Africa.
  • Operating income excl. non-recurring items amounted to SEK 1,249m (-724), corresponding to a margin of 3.3% (-2.0). Higher volumes contributed positively to earnings and favorable mix offset negative price. The positive impact from cost efficiency was SEK 2.0bn. Currency headwinds had a significant negative impact.
  • Operating margin excl. non-recurring items in business area Latin America was 8.0% (8.1). In business area Europe, Asia-Pacific, Middle East and Africa the operating margin excl. non-recurring items increased to 4.8% (1.9). Operating income improved in business area North America.
  • In the fourth quarter, Electrolux Group divested all of its potential legacy asbestos exposure in the U.S. The transaction had a positive earnings impact of SEK 185m in business area North America in the quarter.
  • Income for the period amounted to SEK 150m (-4,113) and earnings per share were SEK 0.56 (-15.23).
  • Operating cash flow after investments was SEK 2,660m (3,871). Operating cash flow after investments for the full year was SEK 2,254m (3,064).
  • The Board of Directors proposes that no payment of dividend will be made for 2024.

President and CEO Yannick Fierling’s comment

After having spent 3 months getting to know Electrolux Group and its stakeholders, I assumed the position as CEO on January 1, 2025. In the fourth quarter, we continued to make good progress on our cost reduction initiatives, and the Group’s attractive product offering contributed to an organic growth of 11.5%. Operating margin excluding non-recurring items improved to 3.3% with an operating cash flow after investments of SEK 2.7bn.

Enhanced consumer experiences, agility and speed

Key takeaways from my initial time with Electrolux Group are the strength of our product offering and the clear identity of our brands Electrolux, AEG and Frigidaire. We really know our consumer, evidenced by the high online consumer star ratings for our products. It is essential to truly nurture the local strengths and what differentiates us in the market, while further leveraging our global scale to drive innovation and mix – all in a cost-efficient manner. In addition to offering great products that help consumers make more sustainable choices at home, we need to move even further to experiences, by expanding our customized solutions throughout the consumer journey.

Electrolux Group has a unique culture and legacy that is important to safeguard, while at the same time further increasing speed and agility. A key element of the Group’s culture that I aim to support and develop is entrepreneurship. By promoting ownership and accountability, we can empower the entire team, enhance operational efficiency, and improve financial performance.

Sales growth and cost reductions drove earnings improvement

In the fourth quarter, operating income improved significantly supported by a SEK 2.0bn contribution from cost efficiency and organic growth of 11.5%.

Business area Europe, Asia-Pacific, Middle East and Africa reached an operating margin, excluding non-recurring items, of 4.8% (1.9) despite continued subdued discretionary consumer spending in Europe.

In North America good momentum from our new products and improved productivity contributed to an improvement in operating income. I am also very pleased that all of the Group’s potential legacy asbestos exposure in the U.S. was divested in the fourth quarter. This transaction provides improved long-term financial visibility for our investors and frees up operational resources. In Latin America performance remained strong in the quarter with an operating margin of 8.0%.

For the Group, the seasonal pattern of our earnings has started to normalize, with the fourth quarter being the strongest during the year. With that in mind, the first quarter is normally weaker than the other quarters.

Demand mainly driven by replacements

The market in Europe continued to be replacement driven and was relatively stable in the fourth quarter, with high promotional intensity. The built-in kitchen market in Europe stabilized at a low level. Promotional activity was high in North America, but Black Friday promotions did not continue throughout December as they did the year before. Despite weak housing markets and with some quarterly volatility, the market increased slightly in 2024, supported by the aggressive pricing environment. The main markets in Latin America grew in the quarter although growth in Brazil slowed somewhat as consumer demand started to accelerate in the fourth quarter 2023.

Outlook for 2025

Looking at 2025, there is an uncertainty stemming from potential impact on demand for home appliances from possible new trade policies in North America. In Europe demand has started to stabilize, but there is a time-lag before lower interest rates and potential improvements in disposable income support an increase in discretionary purchases. Following strong growth in Brazil during 2024 we expect market demand to stabilize in 2025.

On the back of this we expect market demand for core appliances to be relatively neutral in all regions in 2025 compared to 2024.

Organic earnings contribution from volume, price and mix combined for the Group is expected to be relatively neutral in full-year 2025. We anticipate that a high degree of demand will continue to be driven by replacement purchases, which are more price sensitive. Negative price is anticipated to be offset by growth in our focus categories such as premium laundry and kitchen products. Similar to 2024, investments in Innovation and marketing are projected to increase in full year 2025. The intent is to capitalize on the product and services leadership, supported by brand-building, to create value long term.

External factors are expected to be negative for the year, with significant headwinds from currencies. The impact from raw material costs is expected to be essentially neutral.

With reduced product cost across the value chain as the main driver, we anticipate SEK 3.5-4.0bn earnings contribution from cost efficiency in 2025.

Profitability and cash flow in focus

With a robust cash flow in the fourth quarter, a strong liquidity, and a well-balanced maturity profile, the Group’s financial situation is stable. Improving earnings and cash flow are top priorities. In North America focus is to improve productivity and reduce cost further while continuing to support the strong product offering.

We will continue to develop and strengthen Electrolux Group for the years to come. Our attractive offering and strong brands together with effectively executed cost-reductions and high-performing organizational set-up, position us well for the future.

Telephone conference 09.00 CET

A telephone conference is held at 09.00 CET today, January 30. Yannick Fierling, President and CEO, and Therese Friberg, CFO, will comment on the report.

To only listen to the telephone conference, use the link:
https://edge.media-server.com/mmc/p/t5j746u2

OR

To both listen to the telephone conference and ask questions, use the link:
https://register.vevent.com/register/BIf2eec702a54847a6abf57e788d2c218c

Presentation material available for download

www.electroluxgroup.com/ir

This disclosure contains information that Electrolux Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 30-01-2025 08:00 CET.

For more information:
Maria Åkerhielm, Investor Relations, +46 70 796 3856
Electrolux Group Press Hotline, +46 8 657 65 07

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/electrolux-group/r/electrolux-group-year-end-report-q4-2024,c4098064

The following files are available for download:

Laos Steps Up Efforts to Eliminate Schistosomiasis by 2030

Laos Steps Up Efforts to Eliminate Schistosomiasis by 2030

The Lao Ministry of Health is ramping up efforts to wipe out schistosomiasis, a water-borne parasite that affects thousands of people living in riverside villages.