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Electrolux swings to loss as shoppers shift to cheaper appliances - Vimarsana News

Electrolux swings to loss as shoppers shift to cheaper appliances

Electrolux, Europe's biggest home appliances maker, swung to a loss in the second quarter as cash-strapped shoppers opted for cheaper products and demand from residential property builders slowed....

Electrolux Starts Preparations For Potential Divestment of Zanussi and Other Non-Core Brands During Coming Yrs - Vimarsana News

Electrolux Starts Preparations For Potential Divestment of Zanussi and Other Non-Core Brands During Coming Yrs

By Dominic Chopping STOCKHOLM--Electrolux on Thursday swung to an unexpected second-quarter net loss and said it is considering selling its Zanussi brand and...

Electrolux Group Q2 2023 Interim report - Vimarsana News

Electrolux Group Q2 2023 Interim report

/PRNewswire/ -- Highlights of the second quarter of 2023 Net sales amounted to SEK 32,653m (33,749). The organic sales decline of 8.4% was driven by the...

Electrolux Group initiates preparations to divest non-core assets with total potential value of SEK 10bn - Vimarsana News

Electrolux Group initiates preparations to divest non-core assets with total potential value of SEK 10bn

STOCKHOLM, July 20, 2023 /PRNewswire/ -- As part of its ongoing work to sharpen its strategic focus,...

Electrolux Swung to 2Q Net Loss, Eyes SEK10 Bln of Disposals -- Earnings Review - Vimarsana News

Electrolux Swung to 2Q Net Loss, Eyes SEK10 Bln of Disposals -- Earnings Review

By Dominic Chopping STOCKHOLM--Electrolux reported results for the second quarter on Thursday. Here's what we watched: NET LOSS: The Swedish home-appliance...