OM:ELUX BConsumer Durables
AB Electrolux (OM:ELUX B) Is Up After Return to Profit and New Leadership Announcement – Has Market Sentiment Shifted?
AB Electrolux recently announced third quarter results, reporting sales of SEK32,318 million and a return to net profitability of SEK192 million after a loss in the same period last year; new executive appointments were also confirmed, including Patrick Minogue as incoming Head of Region North America from January 2026.
While leadership changes are planned for 2026, the company's shift from loss to profit this quarter is a significant signal of operational progress following prior...