STOCKHOLM (Reuters) – Sweden’s Electrolux reported on Wednesday a marginally lower third-quarter operating profit than expected and said the fourth quarter would be even more challenging in terms of global supply chain constraints.
Operating profit at Europe’s biggest home appliances maker fell to 1.64 billion Swedish crowns ($191.3 million) from a year-ago 3.22 billion. Analysts polled by Refinitiv had on average forecast a 1.66 billion crown profit.($1 = 8.5737 Swedish crowns)
(Reporting by Anna Ringstrom; editing by Niklas Pollard)