Q4 2022 Electrolux Professional publ AB Earnings Call Transcript

Jan 31, 2023 / 08:00AM GMT
Jacob Broberg - Electrolux Professional AB(publ)-Chief Communication&IR Officer

Good morning, and welcome to the Q4 presentation of Electrolux Professional Group. As always, I have Alberto Zanata, the CEO; and Fabio Zarpellon, our CFO, with me. My name is Jacob Broberg, I am Head of Investor Relations.

So with that, I hand directly over to Alberto, please go ahead.

Alberto Zanata - Electrolux Professional AB(publ)-President - CEO & Acting President of Business Area Food Europe

Thank you, Jacob. Good morning to everybody. Straight to the result of the last quarter of 2022. During the fourth quarter of the year, the last quarter of last year, we continue to grow the business organically, and obviously, inorganically, thanks to the acquisition of Unified Brands and improved earning and margin.

In the quarter, we basically double the earning, moving from SEK 164 million to SEK 324 million, with a double-digit margin compared to roughly 7% of last

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