Electrolux shares surge 17% as profit doubles in Q3 By Investing.com

**Summary:**Electrolux, the Swedish home appliance giant, reported a significant surge in third-quarter operating profit, more than doubling from last year. The company's organic sales growth of five percent, coupled with double-digit growth in North America, drove this success. North America, a major contributor to Electrolux's sales, turned around its operating performance, posting a profit after a loss last year. The company's stock price soared after exceeding analysts' predictions. Electrolux also highlighted its effective cost management, particularly in navigating US tariffs. This quarter's results mark a strong turnaround for Electrolux, with all stakeholders eagerly awaiting continued momentum.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.