Electrolux beats Q2 expectations as it outperforms in US Swedish home appliances maker Electrolux has today reported a bigger rise than expected in second-quarter profit as it outperformed the wider market in North America, and price hikes offset higher costs related to US tariffs. Business • 18 Jul
Electrolux beats Q2 expectations as it outperforms in US Swedish home appliances maker Electrolux has today reported a bigger rise than expected in second-quarter profit as it outperformed the wider market in North America, and price hikes offset higher costs related to US tariffs. Business • 18 Jul
Electrolux third quarter profit lags expectations Electrolux, the world's second-biggest appliances maker, has reported lower than expected third-quarter adjusted operating profit, sending its shares down 10%. Business • 25 Oct 24
Electrolux third quarter profit lags expectations Electrolux, the world's second-biggest appliances maker, has reported lower than expected third-quarter adjusted operating profit, sending its shares down 10%. Business • 25 Oct 24
Electrolux boosted by US pick up, but freight costs weigh Electrolux swung to a much larger than expected profit in the second quarter amid signs of a long-awaited pick up in its North American business, briefly sending the appliances maker's shares sharply higher today. Business • 19 Jul 24
Electrolux boosted by US pick up, but freight costs weigh Electrolux swung to a much larger than expected profit in the second quarter amid signs of a long-awaited pick up in its North American business, briefly sending the appliances maker's shares sharply higher today. Business • 19 Jul 24
Electrolux seeing continued weak consumer sentiment Electrolux said today it expects consumer sentiment to stay weak in early 2024 after which it sees demand in major markets stabilising through the year, as it reported quarterly losses in line with a preliminary reading. Business • 02 Feb 24
Electrolux seeing continued weak consumer sentiment Electrolux said today it expects consumer sentiment to stay weak in early 2024 after which it sees demand in major markets stabilising through the year, as it reported quarterly losses in line with a preliminary reading. Business • 02 Feb 24
Electrolux eyes alternative routes after Red Sea attack Sweden's Electrolux has set up a task force to find alternative routes or identify priority deliveries to try to avoid any disruption from the attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea. Business • 19 Dec 23
Electrolux eyes alternative routes after Red Sea attack Sweden's Electrolux has set up a task force to find alternative routes or identify priority deliveries to try to avoid any disruption from the attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea. Business • 19 Dec 23
Electrolux profit misses forecast amid supply issues Sweden's Electrolux has reported profits below expectations, hit by supply chain problems, as its North American business swung to a loss for the second quarter. Business • 21 Jul 22
Electrolux profit misses forecast amid supply issues Sweden's Electrolux has reported profits below expectations, hit by supply chain problems, as its North American business swung to a loss for the second quarter. Business • 21 Jul 22
Electrolux's fourth quarter results beat forecasts Electrolux has beaten fourth quarter profit forecasts as consumers spending more time at home during lockdowns splashed out on domestic appliances. Business • 02 Feb 21
Electrolux's fourth quarter results beat forecasts Electrolux has beaten fourth quarter profit forecasts as consumers spending more time at home during lockdowns splashed out on domestic appliances. Business • 02 Feb 21
Fourth quarter profits at Electrolux beat forecasts Home appliances maker Electrolux has today reported quarterly earnings above market expectations. Business • 01 Feb 19
Fourth quarter profits at Electrolux beat forecasts Home appliances maker Electrolux has today reported quarterly earnings above market expectations. Business • 01 Feb 19
Electrolux turns to emerging markets Appliance maker Electrolux will focus on acquisitions in emerging markets and its lucrative professionals business after its failed bid for GE Appliances, the Swedish firm's new CEO said today. Business • 24 Feb 16
Electrolux turns to emerging markets Appliance maker Electrolux will focus on acquisitions in emerging markets and its lucrative professionals business after its failed bid for GE Appliances, the Swedish firm's new CEO said today. Business • 24 Feb 16
Electrolux eyes future after GE deal collapse Sweden's Electrolux skidded to a loss in the fourth quarter, impacted by the collapsed purchase of General Electric's white goods business. Business • 28 Jan 16
Electrolux eyes future after GE deal collapse Sweden's Electrolux skidded to a loss in the fourth quarter, impacted by the collapsed purchase of General Electric's white goods business. Business • 28 Jan 16
GE to sell appliances business to China's Haier General Electric has agreed to sell its century-old appliance business to China's Qingdao Haier for $5.4 billion in cash, a month after abandoning a deal with Sweden's Electrolux. Business • 15 Jan 16
GE to sell appliances business to China's Haier General Electric has agreed to sell its century-old appliance business to China's Qingdao Haier for $5.4 billion in cash, a month after abandoning a deal with Sweden's Electrolux. Business • 15 Jan 16
CEO of Electrolux to step down Keith McLoughlin, the chief of Swedish home appliances maker Electrolux will retire, the company said today, a month after the biggest deal in the company's history was scuppered. Business • 11 Jan 16
CEO of Electrolux to step down Keith McLoughlin, the chief of Swedish home appliances maker Electrolux will retire, the company said today, a month after the biggest deal in the company's history was scuppered. Business • 11 Jan 16
GE calls off Electrolux appliance deal General Electric has walked away from a $3.3 billion agreement to sell its appliances business to Sweden's Electrolux, terminating the deal after months of opposition from US competition regulators. Business • 08 Dec 15
GE calls off Electrolux appliance deal General Electric has walked away from a $3.3 billion agreement to sell its appliances business to Sweden's Electrolux, terminating the deal after months of opposition from US competition regulators. Business • 08 Dec 15
Electrolux upbeat on Europe and US markets Home appliances maker Electrolux reported second quarter earnings above market expectations and forecast growth in white goods markets in both Western Europe and the US. Business • 17 Jul 15
Electrolux upbeat on Europe and US markets Home appliances maker Electrolux reported second quarter earnings above market expectations and forecast growth in white goods markets in both Western Europe and the US. Business • 17 Jul 15
Electrolux raises European outlook Electrolux has forecast decent market growth on both sides of the North Atlantic this year after cost cuts powered it to a bigger than expected rise in fourth quarter earnings. Business • 28 Jan 15
Electrolux raises European outlook Electrolux has forecast decent market growth on both sides of the North Atlantic this year after cost cuts powered it to a bigger than expected rise in fourth quarter earnings. Business • 28 Jan 15
Electrolux sees Q3 profits jump 42% Swedish electrical appliance maker Electrolux reported its third-quarter net profit soared 42% to 933m krona (€102m) thanks to a cost-cutting programme started at the end of last year. Business • 20 Oct 14
Electrolux sees Q3 profits jump 42% Swedish electrical appliance maker Electrolux reported its third-quarter net profit soared 42% to 933m krona (€102m) thanks to a cost-cutting programme started at the end of last year. Business • 20 Oct 14
Electrolux buys GE Appliances for $3.3 billion Sweden's Electrolux has agreed its biggest ever deal, buying General Electric's appliances business for $3.3 billion in cash. Business • 08 Sep 14
Electrolux buys GE Appliances for $3.3 billion Sweden's Electrolux has agreed its biggest ever deal, buying General Electric's appliances business for $3.3 billion in cash. Business • 08 Sep 14
Electrolux near deal to buy GE unit - sources Sweden's Electrolux is near a deal to buy General Electric's iconic appliance business for more than $2.5 billion. Business • 05 Sep 14
Electrolux near deal to buy GE unit - sources Sweden's Electrolux is near a deal to buy General Electric's iconic appliance business for more than $2.5 billion. Business • 05 Sep 14
Electrolux performance hit by European crisis Swedish home appliance-maker Electrolux said it saw its profits plunge 27% in the first quarter amid weakness in Europe. Business • 25 Apr 13
Electrolux performance hit by European crisis Swedish home appliance-maker Electrolux said it saw its profits plunge 27% in the first quarter amid weakness in Europe. Business • 25 Apr 13
Electrolux Q3 profits up despite Europe downturn Home appliance maker Electrolux has said that its profits increased by 19% in the third quarter, with sales growing in all markets expect Europe. Business • 22 Oct 12
Electrolux Q3 profits up despite Europe downturn Home appliance maker Electrolux has said that its profits increased by 19% in the third quarter, with sales growing in all markets expect Europe. Business • 22 Oct 12
Electrolux quarterly figures beat forecasts Price rises and robust demand in Latin America helped world number two appliance maker Electrolux beat forecasts in the first quarter. Business • 25 Apr 12
Electrolux quarterly figures beat forecasts Price rises and robust demand in Latin America helped world number two appliance maker Electrolux beat forecasts in the first quarter. Business • 25 Apr 12