Heavily a slump to the Double – warning to the effect of the coronavirus

as the president and Ceo Jonas Samuelson highlights the development of coronavirus in the company's financial statements:

”the Extension of the period of chinese new year, as a result of the coronavirus, is going to have an impact on our purchase, and if the chinese vendors to be affected further, it could potentially have a material financial effect,” he says.

as the ready-made components and products from China, which means that you are forced to make an emergency plan in place. This is because, according to Electrolux, ”to counter a potential prolonged period of supply disruption”.

the Company is at the same time, an adjusted operating profit of 960 million Swedish krona in the fourth quarter, down from 1,67 billion in the same period of the previous year. It was, however, slightly better than analysts ' expectations, which stood at 903 million, according to a compilation made by the Refinitiv.

the recipient of the stock exchange and its shares tumbling 6.9 percent.

net Sales were at the same time, to slightly more than sek 32 billion, a level similar to that of the previous year. It was the expectation of 32.7 billion for the year.

the Board of directors will propose an unchanged dividend to shareholders of 8:50 per share. Analysts had on average forecast 8:73 of the crowns in the payment of the dividend.

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