Brief: Electrolux Q3 EBIT At SEK 607 Million
BRIEF-Electrolux Q3 EBIT At SEK 607 Million Oct 23 (Reuters) - Electrolux AB ELUXb.ST:
EBIT SEK 607 MILLION
REVENUE SEK 33,919 MILLION VERSUS. ESTIMATE SEK 33,486 MILLION
NET INCOME SEK -340 MILLION
ADJUSTED EBIT SEK 912 MILLION VERSUS. ESTIMATE SEK 867 MILLION
EPS SEK -0.46
EXPECTS VOLUME, PRICE AND MIX COMBINED TO HAVE NEUTRAL OPERATING INCOME CONTRIBUTION VERSUS PREVIOUSLY POSITIVE
EXPECTED CONTRIBUTION FROM COST EFFICIENCY IS CHANGED TO ABOUT SEK 4.0BN
OUTLOOK FOR INVESTMENTS IN CONSUMER EXPERIENCE INNOVATION AND MARKETING, EXTERNAL FACTORS, CAPITAL EXPENDITURE UNCHANGED
OUTLOOK FOR REGIONAL MARKET UNCHANGED
Source text: ID:nWkrxZnC0
Further company coverage: [ELUXb.ST]
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