Electrolux Reports Strong Growth in North America

Appliance maker Electrolux reported first quarter 2013 net sales of SEK 25,328 million (approx. US$3.872 billion), down 2% from SEK 25,875 million in the first quarter of 2012. Income in 1Q 2013 was SEK 361 million (approx. $55.2 million), down 21% from SEK 499 million in 1Q 2012.