Electrolux buoyed by US growth

Published October 20, 2014 12:03pm ET



STOCKHOLM (AP) — Growth in the U.S. and efficiency gains in Europe helped Swedish home-appliance maker Electrolux post a 42 percent jump in third-quarter profits.

The company said Monday that it made a net profit in the July to September period of 933 million kronor ($130 million) as revenue swelled 6 percent to 28.8 billion kronor.

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