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European sales, cost-cutting help Electrolux return to quarterly profit

2015-07-17 18:24:37| Appliances - Topix.net

Cost-cutting and a rise in demand for its appliances in Europe helped Electrolux AB return to a profit in the second quarter. Operating income for the huge Sweden-based appliance company rose to $108 million for the latest quarter, swinging from a loss of $13.5 million in the second quarter in 2014.

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