Electrolux Q1 Revenue Misses on Lower Volumes Not Offset by Pricing

Freitag, 29.04.2022 08:15 von PLX

• (PLX AI) – Electrolux Q1 revenue SEK 30,118 million vs. estimate SEK 31,500 million.
• • Q1 EBIT SEK 1,575 million vs. estimate SEK 1,518 million
• • Q1 net income SEK 950 million
• • Q1 EPS SEK 3.4
• • Says organic sales declined 3.4% as lower volumes where not fully offset by strong price execution
• • Says supply chain constraints continued to significantly impact our production and sales volumes, particularly of higher featured products
• • Says expect sequential improvements from mid-2022