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Johannes Hellstrom

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Electrolux sees anaemic growth in Europe as cost cuts lift profit

By Niklas Pollard and Johannes Hellstrom. STOCKHOLM, Oct 20 (Reuters) - Global home appliances maker Electrolux struck a note of caution over its European business, predicting market growth at the low end of its forecast range after reporting slightly ...

 

UPDATE 1-Atlas Copco sees firmer demand after Q3 core profit tops forecast

... * Sees slightly higher demand in near term. * Growth for industrial gear underpinning growth. * Adjusted Q3 EBIT 4.6 bln SEK vs forecast 4.5 bln (Adds detail, background). STOCKHOLM, Oct 20 (Reuters) - Swedish engineering group Atlas Copco forecast ...

 

Electrolux sees anemic growth in Europe as cost cuts lift profit

STOCKHOLM (Reuters) - Global home appliances maker Electrolux (ELUXb.ST) struck a note of caution over its European business, predicting market growth at the low end of its forecast range after reporting slightly better than expected quarterly profit ...

 

BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET

(ELECTROLUX-RESULTS/ (UPDATE 2), moved, by Niklas Pollard and Johannes Hellstrom, 510 words). Pilots extend Lufthansa strikes to long-haul flights. FRANKFURT - German pilots union VC widens its strike at Lufthansa to include long-haul flights on ...

 

Electrolux Q3 core profit tops forecast

STOCKHOLM Oct 20 (Reuters) - Global home appliances maker Electrolux posted a bigger than expected rise in third quarter core earnings on Monday but said the 2014 outlook for European market demand was running at the lower end of its forecast.

 

BRIEF-Fabege posts Q3 profit in line with forecasts

STOCKHOLM Oct 16 (Reuters) - Fabege Ab. * 9 mths rental income amounted to SEK 1,565 (1,545). * 9 mths profit from property management increased about 10 per cent to SEK 508m (462). * 9 mths profit before tax for period amounted to SEK 1,032m ...

 

UPDATE 2-Geberit boosts bathroom range with $1.4 bln Sanitec buy

J.P. Morgan is acting as financial advisor to Geberit and law firms Roschier and Gleiss Lutz are its legal advisers. ($1 = 7.1296 Swedish crowns) (1 US dollar = 0.9509 Swiss franc) (Additional reporting by Oliver Hirt, Oskar von Bahr and Johannes ...

 

Arcam shares surge as Q3 sales more than double

STOCKHOLM Oct 17 (Reuters) - Swedish industrial 3D printer maker Arcam posted a surge in third-quarter sales and a higher operating profit on Friday, sending its shares sharply higher. The firm, which competes with the likes of Germany's SLM Solutions ...

 

UPDATE 1-Bearings maker SKF to cut inventories as Europe wobbles

... 2.07 billion Swedish crowns (284 million) from 1.92 billion a year-ago, lagging a mean forecast of 2.15 billion in a Reuters poll of analysts. (1 US dollar = 7.2801 Swedish crown) (Reporting by Niklas Pollard and Johannes Hellstrom; Editing by Mark ...

 

BRIEF-Avanza Q3 net profit down 3 pct

STOCKHOLM Oct 16 (Reuters) - Avanza Bank Holding Ab. * Q3 operating income increased by 12 percent (18 %) to sek 166 million (sek 148 m). * The profit after tax decreased by 3 percent (+94 %) to SEK 60 million (SEK 62 m). * Pre-tax profit was burdened ...

 

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