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Electrolux Stock Up On Q2 Operating Profit, Sales Growth
Shares of Electrolux AB were gaining around 6 percent in the morning trading in Stockholm after the Swedish home appliance major reported Friday sharply narrower loss in its second quarter, and swing to an operating profit with strong growth in net sales. The company further said it now targets cost savings of approximately 4 billion Swedish kronor in 2024.
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vor 422 Tagen
Electrolux Reannounces Recall Of Frigidaire, Kenmore Electric Ranges
Consumer electronics major Electrolux Group has reannounced its previous recall of Frigidaire and Kenmore electric ranges following multiple reports of fires and injuries. The recall involves about 203,000 units of Frigidaire and Kenmore Smooth-top Freestanding Electric Ranges, which were previously recalled in August 2009.
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vor 485 Tagen
Electrolux Recalls Frigidaire Gas Cooktops
Charlotte, North Carolina-based Electrolux Home Products Inc., affiliated to Swedish home appliance major Electrolux AB, has called back certain Frigidaire gas cooktops citing risk of gas leak, fire hazard, the U.S. Consumer Product Safety Commission said. The recall incolves about 77,000 units of Frigidaire Stainless-Steel Gas Cooktops.
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vor 744 Tagen
Electrolux To Set Provision Of About SEK 650 Mln To Settle French Antitrust Case
Swedish home appliance major Electrolux AB (ELUXY.PK) announced Tuesday that it will set a provision of approximately SEK 650 million in connection to the previously reported investigation of alleged breaches of antitrust rules in France between 2009 and 2014.
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vor 838 Tagen
Electrolux Posts Q1 Loss, Sales Rise, Backs View; Stock Up
Swedish home appliance major Electrolux AB reported Friday a loss in its first quarter with weak volumes hurt by lower demand. Net sales, however, was higher than last year, and the company maintained its fiscal 2023 forecast. In Stockholm, Electrolux shares were gaining around 9 percent.
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vor 870 Tagen
