Q4 2021 Electrolux Professional publ AB Earnings Call Transcript
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Welcome to Electrolux Professional Fourth Quarter 2021 Results Presentation. My name is Jacob Broberg. I'm Head of Investor Relations. And with me, I have Alberto Zanata, who is the CEO of Electrolux Professional; and Fabio Zarpellon who is the CFO. And we'll kick off immediately with Alberto. Please go ahead, Alberto.
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Thank Jacob, and good morning to everybody. Q4 is confirming the recovery of the market and the continued recovering of our business. For the third quarter in a row, we delivered roughly 10% underlying profitability despite the increasing challenging that we had to face, the increasing headwinds related to the inflation cost that we had to face in Q4. So we closed the quarter with organic growth, a quite significant organic growth, 4% -- 14%, mainly driven by the recovery of the Food &
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