Electrolux Professional Ab Class B ( (ECTXF) ) has released its Q4 earnings. Here is a breakdown of the information Electrolux Professional Ab Class B presented to its investors.
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Electrolux Professional AB Class B, a leading player in the professional appliance sector, specializes in producing equipment for the food and beverage and laundry industries, with a focus on sustainable development and innovation. The company has demonstrated robust financial performance in the fourth quarter of 2024, with net sales rising by 11.9% to SEK 3,329 million, driven by both organic growth and strategic acquisitions, notably TOSEI and Adventys. The EBITA margin improved to 12.0%, reflecting efficiency gains and increased profitability in key segments, particularly in the Americas and Europe. Notably, the Laundry segment saw a remarkable sales increase of 26.5%, attributed to organic growth and the integration of TOSEI. The company’s commitment to sustainability was recognized with a high ranking in the TIME and Statista World’s Best Companies list. Looking ahead, Electrolux Professional anticipates continued growth and profitability in early 2025 despite geopolitical uncertainties, underpinned by strong performance in its Laundry and Food & Beverage segments.
