Monday, July 16, 2007

Electrolux Q2 core profit in line with forecast

(Reuters) - Electrolux -- whose brands include AEG, Zanussi and
Frigidaire and increasingly its own name -- stood by its
forecast of "somewhat" higher operating earnings for the full
year, excluding one-off items.




It also repeated that higher raw material costs would dent
earnings this year while demand for home appliances would grow
in Europe compared to 2006, but decline in North America.


Read more at Reuters.com Market News

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