Q4 2021 Electrolux AB Earnings Call Transcript
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Good morning, and a warm welcome to Electrolux Fourth Quarter 2021 Results Presentation. With me this morning, I have Therese Friberg, our CFO; and Sophie Arnius, our Head of Investor Relations. I would like to mention that this session is recorded and will be available on our website as an on-demand version.
Let's look at our performance in 2021.
I'm proud of our achievements in 2021. We had record sales and earnings, meeting or exceeding all of our financial targets and delivering strong profitable growth. Market demand was strong for the full year as consumers continued to invest in their homes. Demand remains above pre-pandemic levels, even though we saw a normalization in the second part of 2021. Organic sales growth for the year was over 14%.
Our attractive product and brand offering continued to deliver an improved mix. And global consumer star ratings increased to 4.65 out of 5 in 2021, driven by well-accepted product innovations. We continue to grow our
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