Electrolux Professional AB (STU:4KK1)
€ 6.3 -0.02 (-0.32%) Market Cap: 1.81 Bil Enterprise Value: 2.08 Bil PE Ratio: 28.90 PB Ratio: 4.21 GF Score: 81/100

Q1 2022 Electrolux Professional publ AB Earnings Call Transcript

Apr 27, 2022 / 07:00AM GMT
Release Date Price: €5.49 (+8.19%)
Jacob Broberg;publ;SVP of IR;Corporate Communication
Electrolux Professional AB

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Good morning, and welcome to Electrolux Professional Q1 results presentation. My name is Jacob Broberg. I'm Head of Investor Relations. And with me, I have Alberto Zanata. He's the President and CEO of Electrolux Professional. And Fabio Zarpellon, he's the CFO. And as always, in the quarterly presentation, we kick off with Alberto. Please, Alberto.

Alberto Zanata;publ;President;CEO
Electrolux Professional AB

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Thank you, Jacob, and good morning to everybody. So Q1 2022, I would summarize the quarter in high point basically. The first one is clearly strong sales development, following the positive trend initiated spring, summer last year. We continue to grow the sales with -- supported by a positive development of the market. The demand is increasing. It's growing, I would say, across all regions with some exception, particularly to be mentioned, China, where the return or

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