Electrolux AB (OTC:
ELUXY) reported a rise in its quarterly net profit.
Electrolux's net profit surged to SEK761 million in the quarter ended June 30, versus SEK561 million, in the year-ago period. However, analysts were expecting a net profit of SEK652.0 million.
Its sales climbed to SEK27.76 billion from SEK24.14 billion, versus analysts' estimates of SEK26.71 billion.
Electrolux shares closed at $41.49 yesterday.
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