Electrolux Posts Q2 Loss On Restructuring Costs - Presented by: The Aol. On Network

Swedish home appliance maker Electrolux has posted a second-quarter net loss of 92 million kronor, citing large restructuring charges, but says demand in Europe and the United States is picking up. The world's second-largest appliance maker said Friday its sales fell in the April to June period to 26.3 billion kronor from 27.7 billion a year earlier. It expects market growth of 1-3 percent in Europe and by around 4 percent in the U.S. this year.



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