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Electrolux Q1 loss nearly triples on weak demand but beats expectations

Electrolux's operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs eased, sending shares up 6%. Electrolux, which prices its products in many regions at the premium end of the market, has seen consumers opt for cheaper alternatives, but said on Friday that is saw consumer confidence indicators to be bottoming out. "The price pressure in North America and high promotional activity in other markets characterizing the latter part of 2023 continued in the first quarter."

Stockholm , Sweden , United-states , America , Jonas-samuelson , Anna-ringstrom , Marie-mannes , David-evans , Kepler-chevreux , Johan-eliason , Martin-persson , Reuters

Electrolux Q1 Loss Nearly Triples on Weak Demand but Beats Expectations

Electrolux Q1 Loss Nearly Triples on Weak Demand but Beats Expectations
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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TechnipFMC Plc (FTI) Q1 2024 Earnings Call Transcript

FTI earnings call for the period ending March 31, 2024.

Brazil , Gulf-of-mexico , Oceans-general- , Oceans , Namibia , Guyana , North-sea , Saudi-arabia , Mozambique , United-kingdom , Saudi , Guillaume-delaby

Securitas Q4 improves free cash flow, sending shares up 8%

STOCKHOLM -Securitas, the world's second-biggest security services group, on Wednesday reported better-than-expected free cash flow in the fourth quarter and said it had cut debt, sending shares up...

Sweden , Swedish , Marie-mannes , Gerry-doyle , Stefan-knutsson , Johan-eliason , Kepler-chevreux , Essi-lehto , Jan-harvey , Sundal-collier , Agata-rybska , Magnus-ahlqvist

Carmila: Resources Devoted to the Liquidity Contract as of 31 December 2023

Carmila: Resources Devoted to the Liquidity Contract as of 31 December 2023
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

Lesen , Aquitaine , France , Italy , Spain , Paris , France-general- , French , Kepler-cheuvreux , Kepler-chevreux , Elodie-arcayna-corporate-communications , Financial-press

Assystem: Half-year liquidity contract statement on December 31st, 2023

Assystem: Half-year liquidity contract statement on December 31st, 2023
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Paris , France-general- , France , Kepler-chevreux ,

Electrolux posts adjusted operating profit for Q3

Sweden's Electrolux
on Friday said its adjusted operating result swung to
a profit in the third quarter, and separately announced further
cost cuts due to continued weak demand and pricing pressure...
-October 27, 2023 at 02:12 am EDT
- MarketScreener

Stockholm , Sweden , Swedish , Kepler-chevreux , Marie-mannes , Louise-rasmussen , Johan-eliason , Frigidaire , Reuters , Electrolux , Markets ,

Indices down; wait for ECB and US GDP

European stock markets are heading for a downward opening Thursday according to IG futures, following losses in global markets as disappointing earnings reports and soaring Treasury yields dampened...

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Squares continue down; BPM and Itagas good

Wednesday's trading continues down, with trading rooms focusing on corporate interim reports and awaiting the ECB meeting scheduled for tomorrow, which is expected to confirm the current interest rate...

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Business Square in the red on the eve of ECB meeting

Business Square fell on the eve of the European Central Bank meeting, which is expected to decide to halt the rate hike after more than a year. Analysts expect rates in the single currency area to...

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