Picture of Electrolux AB logo

ELUX B Electrolux AB News Story

0.000.00%
se flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeSmall CapValue Trap

Brief: Electrolux Q2 EBIT SEK 797 Mln

July 18 (Reuters) - Electrolux AB ELUXb.ST:

Q2 NET INCOME SEK 178 MILLION

Q2 EPS SEK 0.66

Q2 REVENUE SEK 31,276 MILLION VERSUS. IBES ESTIMATE SEK 31,910 MILLION

Q2 ORGANIC GROWTH 1.8%

Q2 EBIT SEK 797 MILLION

OUR MARKET AND BUSINESS OUTLOOK FOR YEAR REMAINS UNCHANGED

WE REITERATE OUR AIM TO OFFSET TARIFF-RELATED COST INCREASES IN NORTH AMERICA THROUGH PRICE INCREASES

IN BOTH EUROPE AND NORTH AMERICA, CONSUMERS CONTINUE TO SHIFT TO LOWER PRICE POINTS AND DEMAND WAS IMPACTED BY UNCERTAINTY DUE TO ONGOING GEOPOLITICAL DEVELOPMENTS

POSITIVE CONTRIBUTION TO OPERATING MARGIN FROM NORTH AMERICA WHERE LIST PRICE INCREASES OFFSET INCREASED COSTS RELATED TO U.S. TARIFFS

Source text: ID:nWkr72QfRx

Further company coverage: [ELUXb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

Recent news on Electrolux AB

See all news