Stockholm, Jan 30, 2026 (AFP) - Electrolux profits recover but US tariffs weigh

NAMPA / AFP
2026-01-30
Swedish home appliance maker Electrolux reported Friday a jump in profits last year but warned that US tariffs risked hurting consumer demand in the United States. Cost cutting bolstered the bottom line as the company acknowledged lowering prices in several markets to remain competitive. In North America in particular, which generates nearly a third of its revenues, Electrolux CEO Yannick Fierling said margins were pressured by promotions even a......
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