Electrolux Credit Rating Downgraded to BBB- by S&P

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Electrolux Credit Rating Downgraded to BBB- by S&P
Photo: Janerik Henriksson/TT

Appliance giant Electrolux has its credit rating lowered to BBB- by credit rating agency S&P. The previous credit rating was BBB. The outlook is however raised from negative to stable.

In a comment, the credit rating agency writes that the US tariffs may affect the free cash flow negatively.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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