Electrolux Professional AB (STU:4KK1)
€ 5.87 0.04 (0.69%) Market Cap: 1.71 Bil Enterprise Value: 1.98 Bil PE Ratio: 26.54 PB Ratio: 3.86 GF Score: 81/100

Q2 2021 Electrolux Professional publ AB Earnings Call Transcript

Jul 22, 2021 / 07:00AM GMT
Release Date Price: €6.44 (+6.71%)
Jacob Broberg;publ;SVP of IR;Corporate Communication
Electrolux Professional AB

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Good morning, and welcome to Electrolux Professional Q2 Results Presentation. My name is Jacob Broberg, Head of Investor Relations. With me, I have Alberto Zanata, the CEO of Electrolux Professional; and Fabio Zarpellon, CFO. We'll start the presentation with Alberto. Please go ahead, Alberto.

Alberto Zanata;publ;President;CEO
Electrolux Professional AB

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Thank you, Jacob, and good morning to everybody. To comment the second quarter, I would start from the industry, a picture about the industry. And clearly, we can see that the industry had a recovery. The recovery already started in March and accelerated during the quarter.

The recovery is driven by the lifting of the restrictions and the reopening of the operation of our customers. Mainly, the recovery was seen in North America, where if you remember, recoveries already started in Q1 in North America, and

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