Electrolux had an expected Q3 15, characterised by strong growth in North America and Europe, a negative trend in Latin America and China, a positive product-mix and pricing that more than offset the negative transaction currency impact. Q3 15 results: - Sales reached SEK31.3bn (+8.7% and +2.1% organically). There was a significant currency effect (+6.3%). Organic sales growth was driven by the Major Appliances EMEA (+5.4%) and North America (+7.1%). Conversely, Electrolux was affected by low
26 Oct 2015
Good performance in mature markets
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Good performance in mature markets
Electrolux AB Class B (ELXC:FRA) | 0 0 (-0.4%) | Mkt Cap: 82,602m
- Published:
26 Oct 2015 -
Author:
Hélène Coumes -
Pages:
3
Electrolux had an expected Q3 15, characterised by strong growth in North America and Europe, a negative trend in Latin America and China, a positive product-mix and pricing that more than offset the negative transaction currency impact. Q3 15 results: - Sales reached SEK31.3bn (+8.7% and +2.1% organically). There was a significant currency effect (+6.3%). Organic sales growth was driven by the Major Appliances EMEA (+5.4%) and North America (+7.1%). Conversely, Electrolux was affected by low