Q4 2019 Electrolux AB Earnings Call Transcript
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Good morning and welcome to Electrolux Fourth Quarter 2019 Result Presentation. With me today, I have our CFO, Therese Friberg; and our Head of Investor Relations, Sophie Arnius.
Before starting, I'd like to mention that this session is recorded and will be available on our website as an on-demand version.
Starting with the business overview and some clarifying comment on our new reporting structure. As you know, the Electrolux Board has decided to propose that an extraordinary general meeting is held to resolve on the distribution of Electrolux Professional. The intention is to list Electrolux Professional on NASDAQ Stockholm on March 23, 2020. And as a consequence, the Professional business area is listed as a discontinued operation, and the comments in this presentation will refer to the consumer business, meaning continuing operations exclusive of Electrolux Professional, unless otherwise stated.
Starting with the full year 2019 for our continuing operation. We
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