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Electrolux said on Friday it expects consumer sentiment to stay weak in early 2024 after which it sees demand in major markets stabilising throughout the year, as it reported quarterly losses in... -February 02, 2024 at 02:14 am EST - MarketScreener
Freight forwarder DSV on Thursday posted a fourth-quarter operating profit before special items below expectations as it took another hit from declining freight rates and consumer demand....
Swedish medical equipment maker Getinge reported on Thursday a smaller than expected rise in operating profit but unexpectedly raised its annual dividend to shareholders. ...
H&M, the world's second-biggest fashion retailer, said on Wednesday it had appointed Daniel Erver new CEO and reported a September-November operating profit slightly below expectations. ...
STOCKHOLM (Reuters) -H&M's CEO unexpectedly quit on Wednesday and company veteran Daniel Ervér took over with immediate effect, as the Swedish fashion retailer struggles to boost sales and profitability. Shares in the Swedish fashion retailer dropped 8% as outgoing CEO Helena Helmersson said she had decided to leave the company after four years in the top job, adding the role has been "very demanding" and telling journalists she did not have the energy to continue. The leadership change came as H&M said sales for December and January fell by 4% compared to the p...