Half-yearly report 2001

  • Lower industry shipments in the U.S. and signs of slow down in Europe in several product areas
  • Higher sales and income for major appliances in Europe and operations outside Europe and North America
  • Marked decline in income in North America due to problems related to the start-up of a new refrigerator line
  • Significant downturn in income for Components within Professional Indoor Products
  • Cautious outlook for full year operating income