Category: Appliance Money

IT HAS not been everyone’s cup of tea since demerging from Kingfisher in July – because of its heavy gearing towards the French economy and the euro – but Kesa Electricals was certainly in the spotlight yesterday. The Comet-to-Darty electrical retailing group jumped 16p to a peak of 254p on persi…

ELECTRICAL retailer Dixons today warned it had seen no pick up in the pace of sales growth though profit margins were slightly ahead of last year.

THE economy has prospered these past five years because Britons have spent more then they earned, so everybody has had more money to play with than they should have.

Huge growth in United States sales backed by a strong performance here and across the Tasman have lifted Fisher & Paykel Appliances’ interim profit by almost $1 million to $34.93 million.

BRUSSELS, Belgium — European antitrust regulators cleared the purchase of troubled appliance maker Moulinex SA by its rival SEB SA on Tuesday after a lengthy review of the competitive consequences of the deal.

Dixons suffered a nasty fall yesterday after the latest figures from the British Retail Consortium stoked fears of another disappointing Christmas for the electricals retailer.

Electrolux Asia Pacific will be in Malaysia on Dec 9, 2003 on its maiden buying trip in the region, according to Malaysia External Trade Development Corporation (Matrade).

(Greenville, October 30, 2003, 5:00 a.m.) Electrolux says it will save $81 million if it pulls out of Greenville to begin production in Mexico.

NEW DELHI : Electrolux Kelvinator is in financial trouble. As of now, accumulated losses have exceeded the net worth of the company.

Originally printed 25/10/2003 Dixons came under pressure yesterday as the electrical goods retailer found itself haunted by the spectre of rising interest rates on one side and the target of bearish remarks from analysts on the other.