Q3 2023 Electrolux Professional AB (publ) Earnings Call Transcript

Oct 27, 2023 / 08:00AM GMT
Jacob Broberg - Electrolux Professional AB(publ)-Chief Communication&IR Officer

Good morning, and welcome to Electrolux Professional Group. Today, we are presenting our third quarter results. My name is Jacob Broberg. I'm Head of Investor Relations and Communications. And as always, with me, I have Alberto Zanata, the CEO; and Fabio Zarpellon, CFO. I'll leave the stage to Alberto. Please go ahead, Alberto.

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

Thank you, Jacob, and Good morning to everybody. So Q3 is the third quarter of this year, a third quarter where we are still above 10%, and if I look at the 9 months of the year-to-date performance, we are still ahead of last year, both in terms of sales and EBITDA.

Going into the details of the quarter, let me start from the cash conversion because that is for sure the headline considering that we had a strong cash generation with another 35% cash conversion, cash generation that

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