Tag Archives: Electrolux

Electrolux Q2 Net Gains 27 Percent

Electrolux

STOCKHOLM-In spite of an overall sales decline, Electrolux bolstered its second-quarter bottom line by 27 percent to SEK815 million (about $124.3 million based on the conversion rate of Swedish kroners to U.S. dollars for the period). Expense controls provided some of the help to the bottom line in the quarter. Selling, general and administrative expensesMore »

Le Creuset, Kuhn Rikon, Fusionbrands Among Red Dot Winners

Fusionbrands' Grill Comb

ESSEN, Germany–The Red Dot Award: Product Design 2014 winners were presented last week at a gala event here. Seventy-two entries received the highest award of the Red Dot: Best of the Best, 1,120 products were awarded a Red Dot for outstanding product design and 123 works were given an honorable mention. In the tableware andMore »

Electrolux Q1 Net Up 19.4 Percent

Electrolux

STOCKHOLM-Despite a relatively low sales gain—including flat sales performance from its North American region—Electrolux recorded a 19.4 percent increase in net income in its first quarter, to SEK431 million (about $66.8 million). Net sales edged up 1.2 percent to SEK25.6 billion (about $4 billion) in the quarter. Keith McLoughlin, Electrolux’s president and CEO, said theMore »

Electrolux Posts Q2 Gains in North America

Electrolux

STOCKHOLM-Electrolux’s North American business set a record in second-quarter profit of $101 million, up 41 percent over the second quarter of last year. North American net sales totaled $1.3 billion, up 3 percent, in the quarter which ended on June 30. An Electrolux statement attributed the North American performance to improvements in price and productMore »