OM:ELUX BConsumer Durables
Electrolux (OM:ELUX B) Swings to Profitability, Challenging Bearish Narratives on Earnings Quality
AB Electrolux (OM:ELUX B) has swung back into profitability in the most recent period, marking a notable turnaround in its net profit margin and delivering higher-quality earnings. Despite this, earnings have declined by 59.2% each year over the past five years, providing critical perspective as forecasts now point to annual earnings growth of 37.71% for the next three years. This is set to outpace the Swedish market by a wide margin. With revenue growth projected at just 2.1% a year compared...