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Electrolux Posts Third-Quarter Operating Profit of 607 Million Kronor

Electrolux reported operating profit of 607 million Swedish kronor ($61.2 million), beating analysts’ expectations, while dimming its full-year outlook. Its shares rose.

ELUXA

Electrolux shares rose after the Swedish home-appliance maker reported third-quarter operating profit of 607 million Swedish kronor ($61.2 million), exceeding analysts’ expectations despite lowering its outlook for the year.