Electrolux tweaks long-term sales growth target
STOCKHOLM: Swedish home appliance maker Electrolux said Tuesday it would target total sales growth of at least 4 per cent annually, removing a previous reference to the goal specifying like-for-like sales growth exclusively.
The updated financial targets, which left unchanged a goal for an operating margin of at least 6 per cent, were released in the white goods maker's annual report for 2016.
Electrolux had previously said it targeted annual organic sales growth of at least 4 percent, a measure which would exclude the impact of acquisitions.
The updated financial targets, which left unchanged a goal for an operating margin of at least 6 per cent, were released in the white goods maker's annual report for 2016.
Electrolux had previously said it targeted annual organic sales growth of at least 4 percent, a measure which would exclude the impact of acquisitions.
