STOCKHOLM, Sweden, July 19, 2005 (PRIMEZONE) -- Electrolux
- Net sales amounted to SEK 63,709m (62,443), and income forthe period to SEK 2,050m (1,809) corresponding to SEK 7.04 (5.92) per share.
- Operating income for the second quarter was SEK 1,890m (1,782).
- Operating income adversely affected by substantially higher prices for materials.
- Strong sales growth and improved income in USD for appliances in North America in second quarter.
- Restructuring on plan, decisions to close two previously announced plants finalized.
- Strategic initiatives in product development and marketing continue.
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