Electrolux AB (ELUXY.PK)
27 Feb 2017
STOCKHOLM Home appliance maker Electrolux said Tuesday it was aiming for total sales growth of at least 4 percent a year, with the target no longer specifying like-for-like sales growth only.
* Says aims for total sales growth of at least 4 pct annually
STOCKHOLM, Feb 28 Swedish home appliance maker Electrolux said Tuesday it would target total sales growth of at least 4 percent annually, removing a previous reference to the goal specifying like-for-like sales growth exclusively.
STOCKHOLM Swedish home appliance maker Electrolux said on Monday it was buying precision cooker maker Anova in the United States as it looks to accelerate its development of connected devices for kitchens and homes.
* Electrolux eyeing fresh growth avenues after failed GE deal (Adds CEO comment, details)
* Says to buy Anova, the U.S. based provider of the Anova Precision Cooker,
LONDON The rising cost of raw materials is likely to be risk for European firms, Goldman Sachs said, adding that the impact of inflation and companies' pricing power were key themes emerging from the ongoing results season.
LONDON, Feb 3 The rising cost of raw materials is likely to be risk for European firms, Goldman Sachs said, adding that the impact of inflation and companies' pricing power were key themes emerging from the ongoing results season.
Feb 1 Electrolux CEO Jonas Samuelson told telephone conference:
STOCKHOLM, Feb 1 Home appliance maker Electrolux reported a fourth-quarter profit within market expectations on Wednesday, saying that its operating margin increased slightly to 5 percent as it sought profitability in weak markets.
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