Electrolux announces loss for the fourth quarter 2022
- Written by PR Newswire
STOCKHOLM, Jan. 11, 2023 /PRNewswire/ -- Electrolux announced today that operating income in the fourth quarter of 2022 is estimated to be approximately SEK -2.0bn (0.9), including non-recurring items of SEK -1.4bn (-0.7). The year-over-year earnings decline was primarily a consequence of weaker consumer demand and inventory reductions at both...
Read more: Electrolux announces loss for the fourth quarter 2022