Electrolux: Cost reduction program and management changes
/PRNewswire/ -- Electrolux is initiating a cost reduction program on the back of weaker-than-expected market demand and weak earnings in the third quarter. The...
Source: prnewswire.com
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Alarm Bells Sound as World's Second Largest Appliance Company Reports Demand Plunge
High inflation on consumer durables purchases, low consumer confidence battering demand
Source: infowars.com
Home Connectivity Alliance Member Company CEOs and Top Leadership Convene at IFA 2022; Discuss Sustainability and Cross-Industry Support
News Highlights: Top leadership viewed Home Connectivity Alliance's first C2C interoperability demo, a symbol of the cross-industry support for the alliance HCA brings together companies
Source: finanznachrichten.de
Manufacturers Excited as Chip Shortage Gradually Eases Up
Global manufacturers such as Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux have reported seeing the semiconductor chip shortage easing, which is a boost for manufacturers after a long struggle for components. An increased supply of chips will reduce one burden facing an industry that is also…
Source: newsghana.com.gh
ROUNDUP: Electrolux Q2 Pretax Profit Falls, While Revenues Improve
STOCKHOLM (dpa-AFX) - (Adds results of parent co.)Electrolux (0MDT.L) on Thursday reported profit before tax of SEK265 million in the second quarter, significantly lower than SEK1.865 billion in
Source: finanznachrichten.de