Electrolux Posts Weak Profit
April 25, 2013 at 05:32 AM EDT
Electrolux AB (OTC: ELUXY ) reported a downbeat net profit for the three months ending 31 Mar. 2013. Electrolux's quarterly net profit dropped to SEK361 million ($54.71 million), from SEK501 million, in the year-earlier period. However, analysts were expecting a profit of EK519.6 million. Its revenue fell to SEK25.33 billion