Q2 2023 Electrolux Professional AB (publ) Earnings Call Transcript

Jul 20, 2023 / 07:00AM GMT
Jacob Broberg - Electrolux Professional AB(publ)-Chief Communication&IR Officer

Good morning, and welcome to Electrolux Professional Group Q2 Results Presentation. My name is Jacob Broberg. I'm heading up Investor Relations and Communications. I'm here in sunny Stockholm today. I have Alberto Zanata, our President and CEO; and Fabio Zarpellon, our CFO, with me.

And as always, we kick off with Alberto. Please go ahead, Alberto.

Alberto Zanata - Electrolux Professional AB(publ)-President&CEO

Thank you, Jacob. Good morning to everybody. Q2 was a strong quarter. During the quarter, we delivered organic growth, sales development of around 15% and organic above 8%. But in particular, we expanded the margin and the earnings by 65%. So we delivered profitable growth. It is another step towards our financial target, an important step that is bringing us closer to the target that we have.

Result was achieved, we have to say also, despite the

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