Electrolux Reports Progress on New Sustainability Strategy a 3blmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 3blmedia.com Daily Mail and Mail on Sunday newspapers.
Electrolux Releases Q4 2020 Earnings Report, Records Surge in Profit
Feb 2 2021 · 11:34 UTC | Updated
Feb 2 2021 · 11:40 by Benjamin Godfrey · 3 min read
Photo: Depositphotos
You have successfully joined our subscriber list.
Despite the impressive showing the company recorded in the fourth quarter, Electrolux has refused to give a definitive projection for this current fiscal year.
Swedish multinational home appliance manufacturer, Electrolux AB (STO: ELUX-B) has released its Q4 2020 report with a remarkable increase in the firm’s organic sales. According to the detailed press release issued by the company, Net sales for the company within the quarter came in at 33.902 billion Swedish kronor, in comparison with the 32 billion Swedish kronor reported in the year-ago period. The stock price hasn’t reacted to the news and remains at the same levels.