Electrolux profit just lags forecast, sees more supply chain pain By Reuters
© Reuters. FILE PHOTO: The Electrolux brand is seen through the IFA Electronics present in Berlin, Germany September 4, 2014. REUTERS/Hannibal Hanschke
STOCKHOLM (Reuters) – Sweden’s Electrolux reported on Wednesday a touch decrease third-quarter working revenue than anticipated and stated the fourth quarter could be much more difficult by way of world provide chain constraints.
Working revenue at Europe’s largest dwelling home equipment maker fell to 1.64 billion Swedish crowns ($191.3 million) from a year-ago 3.22 billion. Analysts polled by Refinitiv had on common forecast a 1.66 billion crown revenue.($1 = 8.5737 Swedish crowns)
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