Electrolux Professional AB (OSTO:EPRO B)
kr 69 0.1 (0.15%) Market Cap: 19.83 Bil Enterprise Value: 22.67 Bil PE Ratio: 25.97 PB Ratio: 3.86 GF Score: 67/100
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Q1 2021 Electrolux Professional publ AB Earnings Call Transcript

Apr 27, 2021 / 07:00AM GMT
Release Date Price: kr54.9 (+7.12%)
Jacob Broberg;publ;SVP of IR;Corporate Communication
Electrolux Professional AB

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Good morning, and welcome to Electrolux Professional Q1 Presentation. My name is Jacob Broberg, Head of Investor Relations. With me today, I have Fabio Zarpellon, our CFO; and Alberto Zanata, our CEO.

So I will start with handing over to 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. Q1 ended with a quite mixing trend in the meaning that sales decline and with the sales, also the profitability in the quarter was below last year. But in some way, Q1 had the 2 different trends along the quarter.

The first part, and when I mean first part, I mean January, February and the first couple of weeks of the month of March, were more or less in line with the trend that we experienced in the -- during the last quarter of 2020. So with many countries into lockdown, a

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