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AB Electrolux (publ) (ELRXF)

Other OTC - Other OTC Delayed Price. Currency in USD
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13.700.00 (0.00%)
At close: 01:13PM EST
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Trade prices are not sourced from all markets
Previous close13.70
Open13.70
BidN/A x N/A
AskN/A x N/A
Day's range13.70 - 13.70
52-week range10.49 - 27.58
Volume466
Avg. volume316
Market cap3.995B
Beta (5Y monthly)1.18
PE ratio (TTM)33.41
EPS (TTM)0.41
Earnings dateN/A
Forward dividend & yield0.91 (6.65%)
Ex-dividend date29 Sept 2022
1y target estN/A
  • Reuters

    Electrolux expects further demand decline as slips to loss

    Europe's biggest home appliances maker Electrolux said on Friday it expects further falls in demand due to inflation and high interest rates as soaring costs, especially in North America, led to a third quarter loss. Electrolux in September warned profit would drop as high inflation and low consumer confidence squeezed demand and large investments in North America had yet to pay off. Electrolux has invested heavily in its North American plants in recent years, but the pandemic and component shortages have delayed the ramp-up of local production.

  • Reuters

    Electrolux flags cost cuts, warns on profit as inflation squeezes demand

    COPENHAGEN (Reuters) -Sweden's Electrolux on Monday announced plans to cut costs and warned its profit would drop as high inflation and low consumer confidence squeezed demand for its home appliances, while large investments in North America had yet to pay off. Demand for appliances in Europe and the United States decreased at a significantly accelerated pace in the third quarter, with high retailer inventories and supply chain imbalances increasing costs and inefficiencies, Electrolux said. In the April-June quarter, Electrolux booked a weaker-than-expected operating profit of 560 million Swedish crowns ($53.4 million).

  • Investing.com

    Electrolux Shares Dip After Q3 Profit Warning

    By Scott Kanowsky