|Bid||145.16 x 0|
|Ask||145.32 x 0|
|Day's range||145.14 - 149.92|
|52-week range||130.66 - 225.00|
|Beta (5Y monthly)||1.14|
|PE ratio (TTM)||14.07|
|Forward dividend & yield||9.20 (6.16%)|
|Ex-dividend date||29 Sept 2022|
|1y target est||171.98|
Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in a boost for manufacturers after a long struggle for components. An increased supply of chips will reduce one burden facing an industry that is also battling raw material price inflation, a tight energy market and rising interest rates that are throwing a dampener on consumer demand. Hyundai turned in its best quarterly profit in eight years on Thursday as a weak won currency lifted the value of its earnings abroad and demand stayed strong for the South Korean automaker's high-margin sport utility vehicles (SUVs).
STOCKHOLM (Reuters) -Sweden's Electrolux missed second-quarter profit expectations on Thursday hit by supply chain problems and a loss in its North American business. Europe's biggest home appliances maker said it expected those supply chain constraints to ease in the second half of the year but warned of continued disruption risks ahead due to the coronavirus and war in Ukraine. Electrolux shares, down over 30% so far this year, fell 9.6% in early trade, on track for their worst day since March 2020.
STOCKHOLM (Reuters) -Sweden's Electrolux Professional is selling its business in Russia to its local management and leaving the country, the company said on Monday. “As a result of the continued war and sanctions, we foresee that we will not be able to sell and service products in Russia in the medium to long term," the maker of appliances for professional use said in a statement. Electrolux Professional has 25 employees in Russia, which in 2021 accounted for 1% of group sales.