BRIEF-Electrolux Says 2025 Market Outlook For Europe, North America Is Neutral
Jan 30 (Reuters) - Electrolux AB ELUXb.ST:
BOARD OF DIRECTORS PROPOSES THAT NO PAYMENT OF DIVIDEND WILL BE MADE FOR 2024
2025 MARKET OUTLOOK EUROPE, ASIA-PACIFIC: NEUTRAL
2025 MARKET OUTLOOK NORTH AMERICA, LATIN AMERICA: NEUTRAL
BIZ OUTLOOK 2025: VOLUME/PRICE/MIX NEUTRAL - NEGATIVE PRICE OFFSET BY GROWTH IN FOCUS CATEGORIES
2025 OUTLOOK: UNCERTAINTY STEMMING FROM POTENTIAL IMPACT ON DEMAND FOR HOME APPLIANCES FROM POSSIBLE NEW TRADE POLICIES IN NORTH AMERICA
BIZ OUTLOOK 2025: COST EFFICIENCY - POSITIVE SEK 3.5-4.0BN
BIZ OUTLOOK 2025: SEES CAPEX OF SEK 4-5BN
SEES SEK 3.5-4.0BN EARNINGS CONTRIBUTION FROM COST EFFICIENCY IN 2025
MARKET IN EUROPE CONTINUED TO BE REPLACEMENT DRIVEN AND WAS RELATIVELY STABLE IN Q4, WITH HIGH PROMOTIONAL INTENSITY
EXTERNAL FACTORS ARE EXPECTED TO BE NEGATIVE FOR 2025
IMPACT FROM RAW MATERIAL COSTS IS EXPECTED TO BE ESSENTIALLY NEUTRAL IN 2025
PROMOTIONAL ACTIVITY WAS HIGH IN NORTH AMERICA, BUT BLACK FRIDAY PROMOTIONS DID NOT CONTINUE THROUGHOUT DECEMBER
DESPITE WEAK HOUSING MARKETS AND WITH SOME QUARTERLY VOLATILITY, MARKET INCREASED SLIGHTLY IN 2024, SUPPORTED BY AGGRESSIVE PRICING ENVIRONMENT.
Source text: ID:nWkr87djP7
Further company coverage: [ELUXb.ST]
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