Thursday, January 30, 2020

Electrolux Q4 Profit From Cont. Ops. Declines YoY; Organic Sales Down 2.8%

Electrolux (0MDT.L, 0GQ1.L, ELUXY.PK) reported that its fourth-quarter income for continuing operations amounted to 366 million Swedish kronor compared to 1.24 billion kronor, prior year. Earnings per share from continuing operations was 1.27 kronor compared to 4.30 kronor. Operating income for continuing operations declined 43% year-on-year to 960 million kronor from 1.67 billion kronor, last year. Operating income for Electrolux Professional declined due to lower volumes and transition costs.

from RTT - Earnings https://ift.tt/3aZMBBS
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