Announcement • Jul 23
Electrolux Professional AB (publ) to Report Q1, 2027 Results on Apr 27, 2027 Electrolux Professional AB (publ) announced that they will report Q1, 2027 results at 7:30 AM, Central European Standard Time on Apr 27, 2027 Announcement • Apr 29
Electrolux Professional AB (publ) to Report Q4, 2026 Results on Jan 28, 2027 Electrolux Professional AB (publ) announced that they will report Q4, 2026 results on Jan 28, 2027 Announcement • Jan 30
Electrolux Professional AB (publ) announces Annual dividend, payable on May 12, 2026 Electrolux Professional AB (publ) announced Annual dividend of SEK 0.9000 per share payable on May 12, 2026, ex-date on May 06, 2026 and record date on May 07, 2026. Announcement • Jan 11
Electrolux Professional AB (publ) (OM:EPRO B) completed the acquisition of Assets of Royal Range Of California, Inc. Electrolux Professional AB (publ) (OM:EPRO B) entered into an agreement to acquire Assets of Royal Range Of California, Inc. on November 11, 2025. The acquisition is expected to close in the first quarter of 2026.
Electrolux Professional AB (publ) (OM:EPRO B) completed the acquisition of Assets of Royal Range Of California, Inc. on January 9, 2026. Announcement • Sep 18
Electrolux Professional AB (publ), Annual General Meeting, May 05, 2026 Electrolux Professional AB (publ), Annual General Meeting, May 05, 2026. Location: stockholm Sweden Announcement • Sep 04
Electrolux Professional AB (Publ) Announces Relocating Production from the Factory in Carros, France, to Aubusson, France, Affecting Approximately 40 Employees Electrolux Professional AB (publ) announced that will implement cost saving measures that are expected to result in annual run-rate savings of approximately SEK 175 million from 2027, whereof approximately SEK 80 million already in 2026. This will incur a cost of approximately SEK 235 million that will be treated as items affecting comparability in the third quarter of 2025, while the cash flow impact is mainly expected in 2026. The measures will include streamlining activities in several countries and functions, including a competence shift. Subject to consultations with the employee representative bodies, the measures include an evaluation to safeguard competitiveness of the coffee business by relocating production from the factory in Carros, France, to Aubusson, France, affecting approximately 40 employees. The measures also include an evaluation of relocation of cooking production from the factory in Sursee, Switzerland, to other facilities, mainly Pordenone, Italy, affecting approximately 50 employees. In total, approximately 350 employees are expected to be affected, but the net number of redundancies is expected to be approximately 200 employees, as new roles will be created to support a shift of competence. Approximately one third of the SEK 235m cost is related to the competence shift. While this initiative will not generate cost savings, it is expected to accelerate business development. Announcement • Jul 22
Electrolux Professional AB (publ) to Report Q1, 2026 Results on Apr 28, 2026 Electrolux Professional AB (publ) announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Jul 17
Electrolux Professional Group Appoints Cecilia Swolin as General Counsel, Effective November 1, 2025 Cecilia Swolin has been appointed General Counsel at Electrolux Professional Group. She will succeed Carolina Tendorf who, as previously announced, will leave the company. Cecilia Swolin, a Swedish citizen, has 20 years of experience from various senior legal company positions and law firms. She was most recently General Counsel at Northvolt, and previously held several senior legal positions at Elekta, including Head of Legal. She holds a Master of Law from the university of Gothenburg, Sweden. Cecilia Swolin will join Electrolux Professional Group on October 1, 2025, and will take up her position as General Counsel on November 1, 2025. Announcement • Jun 13
Electrolux Professional Group Establishes Green Finance Framework Electrolux Professional Group has established a framework for green financing to further integrate the company's climate change mitigation ambition into its financing setup. The green finance framework defines the investments eligible for financing by green debt instruments (such as green notes, bonds, loans, and commercial papers), outlines the process used to identify, select and report on eligible assets and projects as well as the use and management of proceeds, and has been developed in accordance with the Green Bond Principles by the International Capital Market Association, as well the APLMA, LMA and the LSTA Green Loan Principles 2025. The framework supports the execution of the Group's sustainability agenda and has been independently validated by Sustainalytics, confirming the framework's alignment with the most recent validation requirements. The selected eligible assets and projects will include eco-efficient and energy efficient professional food, beverage and laundry solutions, as well as renewable energy and energy efficiency initiatives. The green finance framework and Sustainalytics' second-party opinion are available on the company's website. SEB has acted as sole sustainability adviser on the establishment of Electrolux Professional Group´s green finance framework. Announcement • Apr 29
Electrolux Professional AB (publ) to Report Q4, 2025 Results on Jan 29, 2026 Electrolux Professional AB (publ) announced that they will report Q4, 2025 results on Jan 29, 2026 Announcement • Mar 20
Lorna Donatone Declines Re-Election as Board Member of Electrolux Professional AB Electrolux Professional AB (publ) announced that Lorna Donatone has chosen to decline re-election as Board member at the AGM to be held on May 7, 2025. Announcement • Feb 01
Electrolux Professional AB (publ), Annual General Meeting, May 07, 2025 Electrolux Professional AB (publ), Annual General Meeting, May 07, 2025, at 15:00 W. Europe Standard Time. Location: at hotel courtyard by marriott, ralambshovsleden 50, stockholm. Sweden Announcement • Jan 31
Electrolux Professional AB (Publ) Proposes Dividend Electrolux Professional AB (publ) proposed a dividend of SEK 0.85 (0.80) per share. Announcement • Nov 28
Electrolux Professional AB (publ) to Report Fiscal Year 2024 Results between Apr 01, 2025 and Apr 04, 2025 Electrolux Professional AB (publ) announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on between Apr 01, 2025 and Apr 04, 2025 Announcement • Nov 27
Electrolux Professional AB (publ) to Report Q3, 2025 Results on Oct 29, 2025 Electrolux Professional AB (publ) announced that they will report Q3, 2025 results at 7:30 AM, Central European Standard Time on Oct 29, 2025 Announcement • Nov 05
Electrolux Professional Group Announces Management Change Electrolux Professional Group announced that Bo Erickson has been appointed President Business Area Food Americas. He will succeed Dave Herring who, as previously announced, will retire. Bo Erickson, a US citizen, has more than 15 years of experience from the professional Food industry. He is currently Group President of Pentair's Commercial Water Solutions with responsibilities for industry leading brands like Manitowoc Ice, Everpure Filtration, and KBI Beverage Services. He has a BBA in Marketing and Finance from the Marquette University. Bo Erickson will join Electrolux Professional Group on December 2, 2024, and will take up the role as President Food Americas on January 1, 2025, when Dave Herring retires. Announcement • Sep 18
The Electrolux Professional Group Launches the New Innovative NeoBlue Touch Undercounter Dishwasher The Electrolux Professional Group launched the new innovative NeoBlue Touch undercounter dishwasher, offering excellent performance and efficiency benefits to restaurants, and the fast-food and beverage chains segment. The NeoBlue Touch undercounter dishwasher is a compact undercounter dishwasher for the fast-food restaurant and bar segments, that offers outstanding washing performance and loading capacity. It features a one-touch button for ease of use, a new app for effortless wash cycle selection and detergent ordering and is designed with future high-end lifetime prolong capabilities. The NeoBlue Touch is expected to drive volume growth, with strong growth anticipated in sales of consumables due to its connected solution. In addition, its enhanced performance will support efforts to meet Scope 3 CO2 reduction target. The Neo Blue Touch enhances productivity up to 65 baskets per hour, significantly exceeding the market segment average of 40 baskets per hour. This remarkable performance is achieved through innovations such as the new spray arm, advanced hydraulic system, and optimal filtration. Additionally, the new washing technologies are highly efficient, consuming only 260Wh/rack, 2.1 litres of water, and 0.08 kg of CO2 egy per cycle. Announcement • Sep 16
Electrolux Professional AB (publ) Appoints Nomination Committee Electrolux Professional AB (publ) announced that in accordance with the decision of the shareholders' meeting, the Nomination Committee shall consist of five members. The Nomination Committee shall include members selected by each of the four largest shareholders in terms of voting rights that wish to participate in the committee, together with the Chairman of the Electrolux Professional Board. Based on the ownership structure as of August 30, 2024, the Nomination Committee consists of the following members: Petra Hedengran, Chairman, appointed by Investor AB; Joachim Spetz, appointed by Swedbank Robur Funds; Jesper Wilgodt, appointed by Alecta;Anders Hansson, appointed by AMF Pension och Fonder; Kai Wärn, Chairman of the Board of Electrolux Professional AB. Announcement • Aug 30
Electrolux Professional Group announces retirement of Dave Herring as President Business Area Food Europe Electrolux Professional Group announced that Dave Herring, President Business Area Food Americas, has expressed his wish to retire. He will stay until a successor has been found. Dave Herring has been with Electrolux Professional Group since the acquisition of Unified Brands in 2021. A recruitment process to find his successor has been initiated. Announcement • Jul 20
Electrolux Professional AB (publ) to Report Q1, 2025 Results on Apr 29, 2025 Electrolux Professional AB (publ) announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Apr 27
Electrolux Professional AB (Publ) Approves Dividend for 2023 Electrolux Professional AB (publ) at its Annual General Meeting held on April 25, 2024, resolved on a dividend of SEK 0.80 per share and that the retained earnings should be carried forward. It was resolved that the record date should be April 29, 2024. Announcement • Apr 24
Electrolux Professional AB (publ) to Report Q4, 2024 Results on Jan 31, 2025 Electrolux Professional AB (publ) announced that they will report Q4, 2024 results on Jan 31, 2025 Declared Dividend • Mar 14
Dividend increased to kr0.80 Dividend of kr0.80 is 14% higher than last year. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 30%. Cash payout ratio: 23%. Announcement • Feb 01
Electrolux Professional Proposes to Distribute Dividend for the Financial Year 2023, Payable on May 3, 2024 The Board of Directors of Electrolux Professional proposed to distribute a dividend to the shareholders of SEK 0.80 (SEK 0.70) per share for the 2023 financial year corresponding to 30% of net income for the year. The proposed record date is April 29, 2024, and payment is expected to be made on May 3, 2024. In the year-end report for 2023 the record date was incorrect. Announcement • Jan 30
Electrolux Professional AB (publ) to Report Fiscal Year 2023 Final Results between Mar 25, 2024 and Mar 28, 2024 Electrolux Professional AB (publ) announced that they will report fiscal year 2023 final results on between Mar 25, 2024 and Mar 28, 2024 Announcement • Jan 17
Electrolux Professional AB (publ) to Report Q3, 2024 Results on Oct 25, 2024 Electrolux Professional AB (publ) announced that they will report Q3, 2024 results on Oct 25, 2024 Announcement • Jan 11
Electrolux Professional AB (publ) (OM:EPRO B) completed the acquisition of Tosei Corporation (TSE:8923) from Marunouchi Capital Fund 2 managed by Marunouchi Capital Inc. and Marunouchi Global Fund II. Electrolux Professional AB (publ) (OM:EPRO B) entered into an agreement to acquire Tosei Corporation (TSE:8923) from Marunouchi Capital Fund 2 managed by Marunouchi Capital Inc. and Marunouchi Global Fund II for ¥23.25 billion on December 22, 2023. The acquisition is on a cash and debt free basis. The acquisition is intended to be financed by a new bridge facility. Closing is expected to take place during the first quarter of 2024.
Electrolux Professional AB (publ) (OM:EPRO B) completed the acquisition of Tosei Corporation (TSE:8923) from Marunouchi Capital Fund 2 managed by Marunouchi Capital Inc. and Marunouchi Global Fund II on January 10, 2024. Announcement • Sep 21
Electrolux Professional AB (publ) Appoints Nomination Committee Electrolux Professional AB (publ) announced that in accordance with the decision of the shareholders' meeting, the Nomination Committee of Electrolux Professional shall consist of five members. The Nomination Committee for 2024 Annual General Meeting of Electrolux Professional AB has now been appointed. The Nomination Committee shall include members selected by each of the four larger shareholders in terms of voting rights that wish to participate in the committee, together with the Chairman of the Electrolux Professional Board. Based on the ownership structure as of August 31, 2023, the Nomination Committee consists of the following members: Petra Hedengran, Chairman, appointed by Investor AB, Joachim Spetz, appointed by Swedbank Robur Funds, Jesper Wilgodt, appointed by Alecta, Suzanne Sandler, appointed by Handelsbanken Funds, Kai Wärn, Chairman of the Board of Electrolux Professional AB. The Nomination Committee will prepare proposals for the Annual General Meeting in 2024 regarding Chairman of the Annual General Meeting, Board members, Chairman of the Board, remuneration for Board members, Auditor, Auditor's fees and, to the extent deemed necessary, proposal regarding amendments of the current instruction for the Nomination Committee. Reported Earnings • Jul 21
Second quarter 2023 earnings released: EPS: kr0.89 (vs kr0.46 in 2Q 2022) Second quarter 2023 results: EPS: kr0.89 (up from kr0.46 in 2Q 2022). Revenue: kr3.15b (up 16% from 2Q 2022). Net income: kr257.0m (up 95% from 2Q 2022). Profit margin: 8.2% (up from 4.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jul 06
Now 20% undervalued Over the last 90 days, the stock is up 2.5%. The fair value is estimated to be kr70.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 5.9% in 2 years. Earnings is forecast to grow by 38% in the next 2 years. Upcoming Dividend • Apr 20
Upcoming dividend of kr0.70 per share at 1.3% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 04 May 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.5%). Reported Earnings • Apr 01
Full year 2022 earnings released Full year 2022 results: Revenue: kr11.0b (up 40% from FY 2021). Net income: kr686.0m (up 41% from FY 2021). Profit margin: 6.2% (in line with FY 2021). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Machinery industry in the United Kingdom. Buying Opportunity • Mar 15
Now 21% undervalued Over the last 90 days, the stock is up 6.8%. The fair value is estimated to be kr62.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Reported Earnings • Feb 02
Full year 2022 earnings released: EPS: kr2.39 (vs kr1.70 in FY 2021) Full year 2022 results: EPS: kr2.39 (up from kr1.70 in FY 2021). Revenue: kr11.0b (up 40% from FY 2021). Net income: kr686.0m (up 41% from FY 2021). Profit margin: 6.2% (in line with FY 2021). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Machinery industry in the United Kingdom. Announcement • Feb 01
Electrolux Professional AB (publ) Proposes to Distribute Dividend for the 2022 Financial Year, Payable on May 4, 2023 The Board of Directors of Electrolux Professional AB (publ) proposed to distribute a dividend to the shareholders of SEK 0.70 (SEK 0.50) per share for the 2022 financial year corresponding to 30% of profit for the year. This is in line with the policy to pay approximately 30% of net income in dividend. The proposed date for the record is April 28, 2023 and payment is expected to be made on May 4, 2023. Buying Opportunity • Jan 30
Now 20% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be kr66.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 4.5%. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to grow by 52% in the next 2 years. Announcement • Nov 26
Electrolux Professional AB (publ) to Report Q3, 2023 Results on Oct 27, 2023 Electrolux Professional AB (publ) announced that they will report Q3, 2023 results at 8:00 AM, Central European Standard Time on Oct 27, 2023 Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to kr39.78, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Machinery industry in the United Kingdom. Total loss to shareholders of 38% over the past year. Simply Wall St's valuation model estimates the intrinsic value at kr68.94 per share. Reported Earnings • Oct 28
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr2.78b (up 44% from 3Q 2021). Net income: kr195.0m (up 44% from 3Q 2021). Profit margin: 7.0% (in line with 3Q 2021). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in the United Kingdom. Announcement • Apr 01
Electrolux Professional AB (publ) to Report Q4, 2022 Results on Jan 31, 2023 Electrolux Professional AB (publ) announced that they will report Q4, 2022 results on Jan 31, 2023