Electrolux looks to continue to tap pandemic stay-at-home-sales surge
Jonas Samuelson, chief executive at household appliances producer Electrolux. Picture: Janerik Henriksson/AFP/Getty
Europe’s biggest home appliances maker Electrolux expects unusually strong demand to continue in the coming months after the stay-at-home trend during the pandemic boosted sales in the second half of 2020.
The Swedish group reported a bigger than expected rise in fourth-quarter profit and proposed lifting its dividend.
