UPDATE 2-Electrolux warns profits to be hit by steel prices


(Adds share price, analyst's comment) By Patrick Lannin STOCKHOLM, Sept 23 (Reuters) - Electrolux , the world's biggest maker of home appliances, warned on Thursday that soaring steel prices would hit its second-half profits to the tune of 500 million crowns ($68 million). Its shares dropped by over six percent on the news, although the company had warned in July when it posted lower second-quarter earnings of there being a possible impact from higher steel prices on its performance ...

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