Electrolux Group reports stronger Q2 as AEG and Electrolux brands gain ground in Europe

Electrolux Group has reported stronger underlying second-quarter results, with sales growth in Europe driven by continued demand for its Electrolux and AEG built-in kitchen appliance ranges. The manufacturer reported net sales of SEK31.6bn (£2.45bn), up slightly from SEK31.3bn (£2.43bn) a year earlier, while underlying operating profit increased to SEK1.2bn (£93m) from SEK797m (£62m). The improvement […]