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Electrolux profit just lags forecast, sees more supply chain pain -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: Electrolux’s logo was seen on the IFA Electronics in Berlin (Germany), September 4, 2014. REUTERS/Hannibal Hanschke

STOCKHOLM, (Reuters) – Electrolux in Sweden reported Wednesday a slightly lower operating profit for the third quarter than anticipated and warned that global supply chain constraints would make it even harder for fourth quarter.

From a previous year’s 3.22 billion, Europe’s largest home appliance maker saw its operating profit drop to 1.64 Billion Swedish Crowns ($191.3 Million). Refinitiv polled analysts and predicted a profit of 1.66 billion crowns.($1 = 8.5737 Swedish Crowns

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