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Electrolux AB (ELUXb.ST)

ELUXb.ST on Stockholm Stock Exchange

237.60SEK
15 Feb 2019
Change (% chg)

2.90kr (+1.24%)
Prev Close
234.70kr
Open
234.70kr
Day's High
240.40kr
Day's Low
233.20kr
Volume
1,441,384
Avg. Vol
1,728,818
52-wk High
276.10kr
52-wk Low
155.25kr

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Fri, Feb 1 2019

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Electrolux shares jump as investors cheer spin-off plan

STOCKHOLM Electrolux shares hit an eight-month high on Friday after the home appliances maker announced plans to spin off its most profitable business to shareholders and beat earnings forecasts.

Electrolux shares jump as investors cheer spin-off plan

STOCKHOLM Electrolux shares hit an eight-month high on Friday after the home appliances maker announced plans to spin off its most profitable business to shareholders and beat earnings forecasts.

UPDATE 3-Electrolux shares jump as investors cheer spin-off plan

* Professional as standalone will be able to chase high-value M&A

Electrolux Q4 profit tops forecast, sees less headwind on costs

STOCKHOLM, Feb 1 Home appliance maker Electrolux reported quarterly earnings ahead of market expectations and forecast less headwinds on costs in 2019 as prices hikes help it offset some of the raw material inflation due to tariffs on Chinese goods.

UPDATE 1-Sweden's Electrolux to list Professional Products unit

STOCKHOLM, Jan 31 Swedish home appliance maker Electrolux said on Thursday it would spin off its Professional Products business, and that by splitting in two it would create extra shareholder value.

Sweden's Electrolux prepares to list its Professional Products unit

STOCKHOLM, Jan 31 Swedish home appliance maker Electrolux said on Thursday said it was preparing for the separation and listing of its Professional Products business, with revenue of around 6.3 billion crowns ($697 million) in the first nine months last year.

Sweden's Electrolux feels the squeeze as tariffs eat into margins

STOCKHOLM Home appliance maker Electrolux forecast higher costs this year and next from rising raw material prices and tariffs on Chinese goods, sending its shares tumbling on Friday.

UPDATE 3-Sweden's Electrolux feels the squeeze as tariffs eat into margins

* Shares fall 9 percent (Adds CEO, analyst comments, updates shares)

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