Q4 17 was a very good quarter. Organic sales growth was strong (+4%) following three previous weak quarters in 2017 and the operating margin increased to 6.1% of sales, in both Q4 17 (+1.1pts) and FY2017 (+0.9pt). Cost efficiencies were substantial and contributed to margin improvements in most divisions.
31 Jan 2018
Strong 2017 year-end
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Strong 2017 year-end
Electrolux AB Class B (ELXC:FRA) | 0 0 (-0.4%) | Mkt Cap: 82,602m
- Published:
31 Jan 2018 -
Author:
Hélène Coumes -
Pages:
3
Q4 17 was a very good quarter. Organic sales growth was strong (+4%) following three previous weak quarters in 2017 and the operating margin increased to 6.1% of sales, in both Q4 17 (+1.1pts) and FY2017 (+0.9pt). Cost efficiencies were substantial and contributed to margin improvements in most divisions.