Cost cuts switch on profits for Electrolux
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I noticed that Swedish appliance-maker Electrolux has today reported a big rise in profits through cost-cutting and an increase in its prices.
Net profit for the 3 months to 30th September was 1.6bn kroner ($236m; £145m), an increase of 93% from the same quarter in 2008.
The company said that cost savings had helped to improve profitability.
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In the company's