Electrolux Group reports loss in the fourth quarter - driven by North America

Written by PR Newswire

STOCKHOLM, Jan. 12, 2024 /PRNewswire/ -- Electrolux Group announced today that operating income, excluding non-recurring items, in the fourth quarter of 2023 is estimated to be approx. SEK -0.7bn (-0.6). The underlying loss in business area North America is estimated at approx. SEK -1.4bn (-1.2), driven by intensified price pressure, lower volumes...

More Articles ...

Why Businesses Rely On Accountants in Melbourne For Financial Success

Managing finances effectively is essential for individuals, business owners, investors, and growing organisations. Financial decisions influence profitability, compliance, cash flow, and long-term wealth creation, making professional financial guidance an important part of successful planning. Many individuals and businesses choose to... Read more

Practical Ways to Help Reduce the Risk of Costly Business Disputes
Business disputes have a way of draining time, money and energy that could be better spent running your operation. While not every disagreement can be prevented, many disputes stem from…
Mining Hose Durability and Why It Matters in Heavy-Duty Operations
A reliable mining hose is crucial for mining companies that need efficient and uninterrupted transportation of slurry, water, tailings, and abrasive materials. In demanding mining environments, equipment is exposed to constant…

Executive Recruitment And The Value Of Executive Recruitment Agencies In Modern Hiring
Finding the right leadership talent is one of the most important decisions an organisation can make. Strong leaders influence company culture, business performance, strategic direction, and long-term growth. As competition…
Why Shopify Web Development Is Important For Modern Online Stores
A successful online store requires more than attractive product images and basic functionality. Businesses need websites that load quickly, provide smooth navigation, and create a reliable shopping experience across all…

Medical Employment Agencies And Their Contribution To Healthcare Staffing Success
The healthcare industry depends on highly skilled professionals who provide essential services across hospitals, medical centres, aged care facilities, community health organisations, and specialist clinics. As demand for healthcare services…
Commercial Leasing Mistakes That Can Cost Your Business
Signing a commercial lease is a significant commitment, and the mistakes made at the outset of a tenancy can follow a business for the entire duration of the agreement. Many…

Why Commercial Waste Management Is Important For Modern Businesses
Businesses across many industries generate large amounts of waste every day through operations, packaging, manufacturing, customer activity, and general workplace use. Many organisations now depend on professional commercial waste management services…
Using Headless CMS to Deliver Personalized Follow-Up Content After Lead Engagement
Lead engagement is one of the most important moments in the sales and marketing journey. When a prospect downloads a guide, fills out a form, attends a webinar, clicks on…

Prev Next

How to Build a More Cost-Effective Technology Investment Strategy
Technology budgets in large organisations rarely fail because of a single poor decision. They erode through renewals approved w…
Why Businesses Rely On Accountants in Melbourne For Financial Success
Managing finances effectively is essential for individuals, business owners, investors, and growing organisations. Financial de…
Practical Ways to Help Reduce the Risk of Costly Business Disputes
Business disputes have a way of draining time, money and energy that could be better spent running your operation. While not ev…
Mining Hose Durability and Why It Matters in Heavy-Duty Operations
A reliable mining hose is crucial for mining companies that need efficient and uninterrupted transportation of slurry, water, …
Executive Recruitment And The Value Of Executive Recruitment Agencies In Modern Hiring
Finding the right leadership talent is one of the most important decisions an organisation can make. Strong leaders influence c…
Why Shopify Web Development Is Important For Modern Online Stores
A successful online store requires more than attractive product images and basic functionality. Businesses need websites that l…

Rising rents and ‘death taxes’: why wild claims after the budget don’t actually make sense
For policy nerds like me, the week after the federal budget usually brings some much-needed quiet. After months of speculation an…
This little-known scheme can help first home buyers save thousands more for a deposit, with less tax
Vitaly Gariev/UnsplashSaving for a first home is already hard enough. So when a federal budget change appears to make some popula…
When AI giants go public, will ordinary investors know if they are along for the ride?
NurPhoto/Getty ImagesWe’ve heard a lot about the artificial intelligence (AI) boom and how enormous amounts of money are be…
‘Forever renting’ is common in New York, California and Europe. What lessons can we learn?
Alexander Spatari/GettyFor a growing swathe of Australians, “forever renting” has become the new norm. Renting is no …
15 Australian companies switched to a four-day work week. It went surprisingly well
In a 1930 essay, British economist John Maynard Keynes predicted that in 100 years time, technological advances would have displa…
Are this budget’s tax changes really an ‘assault on aspiration’?
With this year’s budget, the Albanese government has delivered a suite of bold tax reforms aimed at improving Australia&rsq…
Why Bluey coins are worth big ‘dollarbucks’ – far more than the silver they’re made from
Ludo StudioIf you tried to buy any of the new A$2 Bluey collectable coins online when they went up for sale earlier this month, y…
The tax changes in the budget only scratch the surface. Here are 4 reforms Australia needs next
Is Australia finally getting serious about tax reform, or just testing the waters?The 2026 federal budget makes some long-debated…
Businesses need more than generic chatbots to benefit from AI. Will this budget help?
Laura Ockel/UnsplashThis month’s federal budget made a familiar promise: artificial intelligence (AI) will help lift Austr…
Australia has had ‘game-changer’ budgets before. How does Chalmers’ stack up?
Of the many budgets delivered since the Second World War, four stand out as having ushered in or consolidated significant economi…
After an opaque summit, China and the US want to work together again. That might not be good news for…
Back in 2005, US economist Fred Bergsten coined the term “Group of 2” or “G2”, proposing a stronger partn…
Struggling to find an electrician or builder? 5 reasons for Australia’s tradie shortage
PixabayHave you recently tried to call a tradie for repairs or a renovation and had trouble finding one? As the federal budget on…
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Wanna Yossingkum/Getty ImagesMost of us are familiar with the concept of greenwashing: organisations exaggerating or overstating …

Doctor reveals the latest skincare trends
Women are worrying about ageing at a younger age than before. Dr Irene Prantalos, Founder of Salubre Skin Clinics, …
Tahiti Tourisme rides a new wave
Tahiti Tourisme has announced that after a competitive pitch process, it will partner with new marketing agency Nouvelle Vague Ma…
Algorithms workers can’t see are increasingly pulling the management strings
“I’m sorry, Dave. I’m afraid I can’t do that.” HAL’s cold, if polite, refusal to open the pod bay doors in 2001 A…
Medical Employment Agencies And Their Contribution To Healthcare Staffing Success
The healthcare industry depends on highly skilled professionals who provide essential services across hospitals, medical centre…
Fireproof Industrial Pipe Insulation: Meeting Australian Safety Standards
When it comes to industrial safety, fireproof pipe insulation is non-negotiable. In Australia, strict regulations govern therma…

Cool Places to Eat in Sydney
Sydney is a magnet for tourists. The visitors come from all parts of the world and throughout the year. This comes as no su…
Rail adventure to the NSW outback
New, history-making rail adventure to the NSW outback aboard one of Australia’s most famous trains – the Spirit of Progress -…
Traveling with a New Piercing: Do’s and Don’ts
What happens when you just got a new piercing and you’re about to travel? Healing piercings are delicate, and travel can exp…
Crooked Compass Tours
Crooked Compass is challenging curious and sophisticated travellers to think differently about four destinations not commonly…
Enjoy an Easter Break at the all-inclusive Tamassa Bel Ombre, Mauritius
Tamassa Bel Ombre, Mauritius is hopping into the Easter spirit with an exciting program of activities on Easter Sunday to put a…

NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion