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Electrolux


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Electrolux names appliances veteran Fierling as new CEO

UPDATE 2-Electrolux names appliances veteran Fierling as new CEO Adds details, background, shares STOCKHOLM, Aug 14 (Reuters) - Sweden's Electrolux ELUXb.ST , the world's second-biggest appliances maker, has appointed sector veteran Yannick Fierling as its new CEO, it said on Wednesday, sending its shares up. Electrolux said Fierling, whose most recent position was as head of Chinese appliances and home electronics group Haier's European unit, would join the company in October and become CEO on
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Electrolux appoints Yannick Fierling new CEO

Electrolux appoints Yannick Fierling new CEO STOCKHOLM, Aug 14 (Reuters) - Swedish appliances maker Electrolux ELUXb.ST has appointed Yannick Fierling as its new CEO, it said in a statement on Wednesday. Reporting by Anna Ringstrom, editing by Terje Solsvik
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Electrolux Group Appoints Yannick Fierling As New President And CEO

BRIEF-Electrolux Group Appoints Yannick Fierling As New President And CEO Aug 14 (Reuters) - Electrolux AB ELUXb.ST : YANNICK FIERLING APPOINTED AS NEW PRESIDENT AND CEO OF ELECTROLUX GROUP YANNICK FIERLING AS NEW PRESIDENT AND CEO OF ELECTROLUX GROUP EFFECTIVE JANUARY 1, 2025 Source text for Eikon: ID:nWkr4g4F8K Further company coverage: [ELUXb.ST
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Adidas, Antofagasta, Buzzi

EUROPE RESEARCH ROUNDUP-Adidas, Antofagasta, Buzzi July 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas, Antofagasta and Buzzi, on Monday. HIGHLIGHTS * Adidas ADSGN.DE : HSBC raises target price to EUR 300 from EUR 240 * Antofagasta ANTO.L : Peel Hunt raises to reduce from sell * Barry Callebaut AG BARN.S : Citigroup raises to buy from neutral * Buzzi BZU.MI : JP Morgan cuts to underweight from neutral * Solvay SOLB.BR : U
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Europe's STOXX 600 logs weekly decline as tech, resources shares weigh

UPDATE 2-Europe's STOXX 600 logs weekly decline as tech, resources shares weigh For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 down 0.8% Global cyber outage causes chaos Sartorius drops on annual forecast cut Danske Bank gains after Q2 net profit beat Updated at 1600 GMT By Shristi Achar A, Pranav Kashyap and Shashwat Chauhan July 19 (Reuters) - European shares clocked weekly losses as a selloff in technology shares, some down
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Electrolux soars on Q2 beat, return to profit

BUZZ-Electrolux soars on Q2 beat, return to profit ** Shares in Electrolux ELUXb.ST rise 7% after the Swedish home appliance maker posted its quarterly operating profit above estimates, helped by cost cutting ** Electrolux's second-quarter operating result turns to profit of SEK 419 million Swedish crowns ($39 million) and its revenue beats estimat
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Electrolux Targets Cost Savings Of Sek 4 Bln In 2024

BRIEF-Electrolux Targets Cost Savings Of Sek 4 Bln In 2024 July 19 (Reuters) - Electrolux AB ELUXb.ST : NOW TARGETING COST SAVINGS OF ABOUT SEK 4BN IN 2024, EXCLUDING INVESTMENTS IN INNOVATION AND MARKETING 2024 MARKET OUTLOOK LATIN AMERICA: POSITIVE (PREVIOUS: NEUTRAL/POSITIVE) 2024 MARKET OUTLOOK EUROPE, ASIA-PACIFIC: NEGATIVE (PREVIOUS: NEUTRAL) Q2 ORGANIC SALES INCREASED BY 6.8% DRIVEN BY HIGHER VOLUMES IN ALL BUSINESS AREAS WHILE PRICE WAS NEGATIVE LATIN AMERICA DEVELOPED STRONGLY WITH A HI
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Electrolux swings to profit in Q2, sees negative Europe and Asia demand

UPDATE 3-Electrolux boosted by pick up in US, but freight costs weigh Q2 operating profit 419 mln SEK vs forecast 94 mln Trims expected cost savings amid high freight rates Cuts market demand outlook for Europe, Asia-Pacific Recasts with more company, analyst comments, shares By Marie Mannes STOCKHOLM, July 19 (Reuters) - Electrolux ELUXb.ST swung to a much larger than expected profit in the second quarter amid signs of a long-awaited pick up in its North American business, briefly sending the a
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Electrolux swings to operating profit in Q2

Electrolux swings to operating profit in Q2 STOCKHOLM, July 19 (Reuters) - Electrolux ELUXb.ST , the world's second-biggest appliances maker, reported on Friday an operating profit that swung to a profit, as expected, and said consumer demand had continued to be mixed. Reporting by Marie Mannes, editing by Louise Rasmussen
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Electrolux Divests South African Water Heater Business

BRIEF-Electrolux Divests South African Water Heater Business July 18 (Reuters) - Electrolux AB ELUXb.ST : TO DIVEST WATER HEATER BUSINESS IN SOUTH AFRICA UNDER KWIKOT BRAND FOR ZAR 2.4BN (APPROX. SEK 1.4BN) TO HAIER SMART HOME SALE IS EXPECTED TO BE COMPLETED DURING Q4 2024 AND IS SUBJECT TO REGULATORY APPROVALS NEGATIVE EARNINGS IMPACT OF ABOUT SE
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Electrolux to divest its water heater business in South Africa

UPDATE 2-Electrolux to divest its water heater business in South Africa Adds negative impact in paragraph 2 COPENHAGEN, July 18 (Reuters) - Sweden's Electrolux ELUXb.ST said in a statement on Thursday it had agreed to divest its water heater business in South Africa for about 1.4 billion crowns ($132.69 million). The deal includes the Kwikot brand and production facilities for water heaters in Johannesburg, Electrolux said , adding that it would book a negative earnings impact of about 600 milli
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Electrolux to divest its water heater business in South Africa

Electrolux to divest its water heater business in South Africa COPENHAGEN, July 18 (Reuters) - Sweden's Electrolux ELUXb.ST said on Thursday it had agreed to divest its water heater business in South Africa for about 1.4 billion crowns ($132.69 million). ($1 = 10.5506 Swedish crowns) Reporting by Louise Breusch Rasmussen, editing by Jason Neely
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Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead July 12 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 15-Jul-2024 NTS ORK.OL Orkla ASA Q2 2024 Orkla ASA Earnings Release 17-Jul-2024 05:00 NEL.OL Nel ASA Q2 2024 Nel ASA Earnings Release 18-Jul-2024 NTS TEL.OL Telenor ASA Q2 2024 Telenor ASA Earnings Release 18-Jul-2024 NTS PGS.OL^G24 5088687729 PGS ASA Tgs Newco AS Q2 2024
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ASMI, EasyJet, Kooth

EUROPE RESEARCH ROUNDUP-ASMI, EasyJet, Kooth July 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ASMI, EasyJet and Kooth, on Wednesday. HIGHLIGHTS * ASMI ASMI.AS : Jefferies raises target price to EUR 880 from EUR 780 * B.P. Marsh & Partners Plc BPM.L : Jefferies raises target price to 625p from 560p * EasyJet EZJ.L : JP Morgan cuts target price to 640p from 670p * Kooth Plc KOO.L : Berenberg initiates coverage with buy rating;
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Bosch weighs offer for appliance maker Whirlpool, sources say

EXCLUSIVE-Bosch weighs offer for appliance maker Whirlpool, sources say Adds analysts' comments in paragraphs 7, 8, 16 By Anirban Sen and Emma-Victoria Farr June 26 (Reuters) - German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool WHR.N , according to three people familiar with the matter, a move that would boost its position in the household appliances market.
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Bosch weighs offer for appliance maker Whirlpool, sources say

EXCLUSIVE-Bosch weighs offer for appliance maker Whirlpool, sources say Adds Whirlpool comment paragraph 4 By Anirban Sen and Emma-Victoria Farr June 26 (Reuters) - German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool WHR.N , according to three people familiar with the matter, a move that would boost its position in the household appliances market.
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Electrolux up after Reuters report on Bosch's weighing offer for Whirlpool

BUZZ-Electrolux up after Reuters report on Bosch's weighing offer for Whirlpool ** Shares in Electrolux ELUXb.ST rise as much as 5.8% after Reuters report on Robert Bosch weighing a bid for its U.S. rival Whirlpool WHR.N ** "Consolidation is positive for all involved participants within the major appliances space," Kepler Chevreux analyst Johan Eli
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Bosch weighs offer for appliance maker Whirlpool, sources say

EXCLUSIVE-Bosch weighs offer for appliance maker Whirlpool, sources say Adds stock move in paragraph 4 By Anirban Sen and Emma-Victoria Farr June 26 (Reuters) - German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool WHR.N , according to three people familiar with the matter, a move that would boost its position in the household appliances market.
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Bosch weighs offer for appliance maker Whirlpool, sources say

EXCLUSIVE-Bosch weighs offer for appliance maker Whirlpool, sources say Adds further context from paragraph 7 onwards By Anirban Sen and Emma-Victoria Farr June 26 (Reuters) - German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool WHR.N , according to three people familiar with the matter, a move that would boost its position in the household appliances market.
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Bosch eyes offer for appliance maker Whirlpool, sources say

EXCLUSIVE-Bosch eyes offer for appliance maker Whirlpool, sources say By Anirban Sen and Emma-Victoria Farr June 26 (Reuters) - German engineering group Robert Bosch GmbH is weighing a bid for U.S. appliances manufacturer Whirlpool WHR.N , according to three people familiar with the matter, a move that would boost its position in the white goods market.
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