Electrolux reports loss in the fourth quarter

Electrolux has released its preliminary statement outlining its decline; its operating income, excluding non-recurring items, in the fourth quarter of 2023 is estimated to be SEK -0.7 billion (£52.8 million). The manufacturer reports that its underlying loss in its North American business is estimated to be approximately SEK -1.4billion (£105.6 billion), driven by intensified price […]