Benton Harbor, Mich.-based Whirlpool's CEO Jeff Fettig forecast industry demand in 2012 as "flat to slightly improving."
The company posted sales of $4.9 billion in the fourth quarter, down slightly from $5.0 billion. But fourth-quarter net earnings increased to $205 million, compared with net earnings of $171 million during the same period last year.
The North America region reported operating profit of $202 million for the quarter compared with $53 million in the previous year.