Electrolux Professional (EPRO) Nordea Mid Cap days Presentation summary

Business overview and strategy

• Provides professional food service, beverage, and laundry solutions with a mission to make customers' work-life easier, more profitable, and sustainable every day.

• Operates 14 manufacturing plants, sells in 110 countries, and employs 4,300 people.

• Focused on innovation, sustainability, and digitalization to drive growth and customer value.

• Strategic priorities include growing through innovation, boosting customer care, expanding in high-margin segments, and investing in digitalization.

• Diverse brand portfolio and strong presence in all major markets, with manufacturing hubs in Italy, Sweden, and Thailand.

Market trends and growth

• Operates in structurally growing end-markets with food, beverage, and laundry solutions showing 2–5% annual growth.

• Geographically balanced business, with sales distributed across Europe, Americas, and APAC/MEA.

• Organic sales in Q2 2025 increased by 2.4%, with strong growth in the Americas and APAC/MEA regions.

• Customer care now represents about 18% of total sales, contributing to profitability.

• Resilient business model with a track record of solid EBITA and cash flow.

Financial performance and targets

• Net sales in Q2 2025 were SEK 3,195m, down 2.2% due to currency effects, but organic growth was positive.

• EBITA margin for Q2 2025 was 12.3%, slightly down from 12.5% due to currency and higher operational costs.

• Net debt/EBITDA at 1.3x, well below the 2.5x target, with strong cash flow generation.

• Dividend policy maintained at 30% of net income, with SEK 0.85/share for 2024.

• Operating working capital improved to 15.9% of sales in Q2 2025.