Electrolux Changes Financial Segment Reporting Apr 6, 2004

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Swedish appliance maker AB Electrolux announced that as of the first quarter of 2004, the Group's garden equipment for the consumer market will be reported as a separate segment within Consumer Durables in financial reporting. The new Outdoor Products segment also includes consumer outdoor products sold under the Husqvarna brand, previously reported within Professional Outdoor Products.

The company said the new reporting structure reflects the organizational change within outdoor products in which all consumer and professional outdoor products have been combined under one management.

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