Apr 25, 2023 / 07:00AM GMT
Jacob Broberg - Electrolux Professional AB(publ)-Chief Communication&IR Officer
Good morning, and welcome to Electrolux Professional Group Q1 presentation. My name is Jacob Broberg, I'm heading up Investor Relations. With me I have Alberto Zanata, CEO of Electrolux Professional; and Fabio Zarpellon, CFO.
And as always, I start by handing over to Alberto. Please go ahead, Alberto.
Alberto Zanata - Electrolux Professional AB(publ)-President&CEO
Thank you, Jacob. Good morning to everybody, and welcome to the call. Q1 was a strong quarter, strong from the net sales development point of view, roughly 20% up, but also strong from the profitability margin and earning point of view.
We grew earnings EBITA by 44% with a margin that is above the 10%, double digit, 11.4%. So good quarter driven mainly by strong performance, in particular in Europe and also Asia-Pac, Middle East and Africa recovering pretty well.
In the quarter, we also
Q1 2023 Electrolux Professional AB (publ) Earnings Call Transcript
Feb 13, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers