Electrolux Professional AB
EPRO B
ISIN SE0013747870 / Valor 53161558
Electrolux Professional AB
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About company
Electrolux Professional AB is a company that focuses on providing comprehensive solutions in the food service, beverage, and laundry sectors for professional users. The company emphasizes implementing strict norms and efficient processes to create long-term value for shareholders and stakeholders. With a strong commitment to quality and innovation, Electrolux Professional AB aims to meet the diverse needs of its customers in the commercial sector.
Summarized from source with an LLMView SourceSector: Consumer CyclicalsLatest Results (10.01.2025):
Net Sales Growth
In the second quarter of 2024, Electrolux Professional AB reported net sales of SEK 3,268 million, marking a 3.7% increase compared to the same period last year. This growth was primarily driven by acquisitions, which contributed 5.9%, while organic sales saw a slight decline of 0.7%. Currency translation had a negative impact of 1.6% on the sales figures.
EBITA Performance
Electrolux Professional AB's EBITA for Q2 2024 amounted to SEK 410 million, up from SEK 385 million in the previous year, resulting in an EBITA margin of 12.5%. This figure includes acquisition and integration-related costs of SEK 8 million for TOSEI and Adventys. Excluding these costs, the comparable EBITA would have been SEK 418 million, with a margin of 12.8%.
Operating Income and Earnings
The company's operating income for the second quarter of 2024 was SEK 353 million, with a margin of 10.8%. Income for the period amounted to SEK 230 million, down from SEK 257 million in the previous year. Earnings per share were reported at SEK 0.80, compared to SEK 0.89 in the same quarter last year.
Regional Sales Insights
Electrolux Professional AB experienced varied sales performance across different regions in Q2 2024. Sales in Europe remained flat, while the US market saw an 8% decline. The APAC-MEA region experienced a 15% drop, primarily due to decreased sales in the Middle East. However, the US chains business showed growth, and order intake in both the US and Europe was higher than the previous year.
Strategic Acquisitions and Sustainability
During the second quarter, Electrolux Professional AB acquired Adventys, a French manufacturer specializing in induction cooking equipment, for SEK 259 million. This acquisition aligns with the company's focus on sustainable cooking technologies. Additionally, the company reported a 56% reduction in CO2 emissions from its operations compared to the first half of the previous year, attributed to increased solar energy use and reduced gas consumption.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1736 M
Market cap (USD)
131,237
Daily traded volume (Shares)
70.3 / 68.8
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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