Whirlpool Corp : Whirlpool Corp - Anticipate restructuring charges of approximately $200 million for fiscal year 2016 . Whirlpool Corp - On july 20, u.s. Department of commerce issued affirmative preliminary determination in ongoing antidumping investigation .Whirlpool Corp - Preliminary determination will be followed by several other steps leading to final decision from doc and itc, which co expects in jan 2017.
Whirlpool Corp Says For Whirlpool Europe, Middle East And Africa, Continues To Expect Full : Company continues to expect full-year 2016 industry unit shipments to be flat for whirlpool asia . Year 2016 industry unit shipments in u.s. To increase by 5 to 6 percent . Year 2016 industry unit shipments to be flat to up 2 percent . Whirlpool corp says for full year 2016, company expects to generate cash from operating activities of $1,400 to $1,550 million . Whirlpool corp says for 2016 expects free cash flowof $700 to $800 million . Fy2016 earnings per share view $14.69, revenue view $20.77 billion -- Thomson Reuters I/B/E/S . Quarter 2016 results . Sees fy 2016 gaap earnings per share $11.50 to $12.00 . Q2 earnings per share $3.50 from continuing operations . Q2 gaap earnings per share $4.15 . Q2 sales $5.2 billion versus i/b/e/s view $5.13 billion . Q2 earnings per share view $3.36 -- Thomson Reuters I/B/E/S . Whirlpool corp says company intends to continue repurchasing stock throughout remainder of 2016 . Company continues to expect full-year 2016 industry unit shipments in brazil to decrease by 10 percent .Whirlpool corp sees 2016 ongoing business earnings per diluted share of $14.25 to $14.75.
Ningbo Xinhai Electric Co Ltd <002120.SZ>: Says net profit for H1 of 2016 expected to increase by 45 percent to 75 percent, or to be 33.5 million to 40.5 million yuan . In the previous outlook, the company expected the net profit for H1 of 2016 to increase by 20 percent to 50 percent .Says the net profit of H1 of 2015 was 23.1 million yuan.
Somfy SA : Q2 revenue 322.0 million euros versus 300.7 million euros ($331.1 million) a year ago .H1 revenue 587.6 million euros versus 547.8 million euros year ago.
Zhejiang Supor Co Ltd <002032.SZ> :Says preliminary H1 net profit up 19.1 percent y/y at 470.4 million yuan ($70.49 million).
Tupperware Brands Corp : Tupperware Brands reports second quarter 2016 results; sales comparison up sequentially . Q2 sales down 4% in dollars and up 3% in local currency . Q2 adjusted earnings per share $1.16 . Q2 GAAP earnings per share $1.03 . Q2 sales $564.7 million . Sees FY 2016 USD sales growth versus prior year down 2 percent - down 1 percent . For FY, sales are expected to be about even in dollars (up 6 or 7% in local currency) in Tupperware North America . Sees FY 2016 GAAP EPS in the range $4.18 - $4.28 . Sees FY 2016 EPS excluding items in the range $4.25-$4.35 . Tupperware Brands Corp sees Q3 USD sales growth versus prior year up 1% to up 3% . Tupperware Brands Corp sees Q3 GAAP EPS excluding items $0.94 to $0.99 per share . Tupperware Brands Corp sees Q3 EPS excluding items $0.77 to $0.82 . FY2016 earnings per share view $4.30, revenue view $2.23 billion -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.82, revenue view $517.8 million -- Thomson Reuters I/B/E/S .Q2 earnings per share view $1.10, revenue view $559.9 million -- Thomson Reuters I/B/E/S.
Electrolux CEO Jonas Samuelson in Q2 earnings call: Says we have seen mainly the UK construction industry signalling they will be more cautious going forward . Says in terms of regular retail demand, we are not seeing as much of an impact at this stage Further company coverage: [ELUXb.ST] (Stockholm Newsroom) ((firstname.lastname@example.org; +46 (0)8-700 10 10;)).
Electrolux AB : Sees positive raw material cost effect of around 750 mln SEK in 2016 (up from April view of around 700 mln) - presentation material . Says positive raw material cost effect impact seen slowing in Q4 - presentation material . Sees negative FX impact of 1.1 billion SEK in FY2016 based on July 11 FX rates (saw negative 1.3 bln in April)- presentation material .Sees negative FX impact of 125 mln SEK in Q3 - presentation material.
Electrolux : Says we now expect European market demand to grow by 2-4 pct in 2016 . Co's April outlook was for Western European market to grow by 2-3 pct in 2016 and the market in Eastern Europe by approximately 2 pct . Says following brexit referendum, outlook for UK demand and British pound is uncertain . Says we expect market demand for appliances in North America to grow by 4-5 pct in 2016 (unchanged from April outlook) . Says we expect Latin American market to remain weak also in second half of 2016 .Says continued to gain market share in our focus categories and premium brands in EMEA.
Electrolux : Q2 operating income increased to SEK 1,564m (921) . Says four of six business areas achieved an operating margin above 6% . Q2 net sales amounted to SEK 29,983m (31,355). . Organic sales declined by -0.9% .Reuters poll: Electrolux Q2 net sales were seen at 30.6 billion sek, EBIT at 1,522 million SEK.