April 25, 2014 11:34 AM

Electrolux reports higher global profits despite flat North American sales

Swedish appliance maker Electrolux reported higher first-quarter profits Friday, despite inclement weather in recent months that the company said slowed its North American sales. Electrolux, which has its North American headquarters in Charlotte, reported a profit of $65.6 million in the first quarter, up 19 percent from the same period in 2013.

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