Electrolux Professional (EPRO) Kepler Cheuvreux Autumn Conference Presentation summary

Business overview and market position

• Provides professional food service, beverage, and laundry solutions with 14 manufacturing plants and sales in 110 countries.

• Serves diverse sectors including restaurants, hotels, healthcare, education, and public institutions.

• Operates in structurally growing end-markets with a geographically balanced business.

• Portfolio includes one main brand and 20 specialty brands, with manufacturing in all major markets.

• Listed on Nasdaq Stockholm with 4,300 employees.

Strategic priorities and operational initiatives

• Focuses on growth through innovation, sustainability, energy efficiency, and digital platforms.

• Expanding in high-margin products, segments, and geographies, supported by organic growth and M&A.

• Streamlining operations to improve profitability, including cost-saving measures and competence shifts affecting 350 employees.

• Expected annual run-rate savings of SEK 175m from 2027, with a cost of SEK 235m in Q3 2025.

• Investments in digitalization and customer care to boost service and unlock additional value.

Financial performance and targets

• Net sales growth target of 4%, with 2024 at -0.1%; profitability target of 15% EBITA margin, with 2024 at 11.6%.

• Operating working capital as a percent of net sales improved to 16.4% in 2024.

• Net debt/EBITDA at 1.4x in 2024, well below the 2.5x target.

• Dividend policy of 30% of income, with SEK 0.85/share in 2024.

• Proven track record of solid EBITA and cash flow, with resilience through economic downturns.