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AB Electrolux Jun 01
Standard & Poors, June 2001
Abstract
The ratings on Sweden-based AB Electrolux reflect the group's position as one of the leading companies in the worldwide appliance industry. With its global strategy, Electrolux has a number of strong brand names and is the clear market leader for household appliances in Europe and the third-largest in the U.S. Competition in this industry, however, is tough and profitability is low. To achieve satisfactory profits in this competitive environment, it is crucial to have a strong market position combined with efficient low-cost production, product development, and distribution. Owing to the large number of acquisitions made by Electrolux over the past decades and the fragmented nature of the industry, the company has not been able to take full advantage of potential...
Companies mentioned in this report are: Electrolux AB
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
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