Brief: Electrolux Professional Q2 EBITA Turns To Profit Of SEK 197 Mln

Electrolux Professional AB (publ)

22/07/2021 07:09

July 22 (Reuters) - Electrolux Professional publ AB  EPROb.ST :
    * Q2 NET SALES SEK 1,958 MILLION VERSUS SEK 1,489 MILLION YEAR AGO
    * Q2 EBITA SEK 197 VERSUS LOSS SEK 4 MILLION YEAR AGO
    * Q2 INCOME FOR PERIOD AMOUNTED TO SEK 168M (-28)
    * Q2 ORGANICALLY SALES INCREASED BY 38.4%
    * SAYS SALES IN QUARTER INCREASED ORGANICALLY BY 38.4% (-39.9) COMPARED TO LAST YEAR DRIVEN
BY
INCREASED DEMAND, ESPECIALLY IN SOUTHERN EUROPE
    * SAYS THE RESULT IMPROVEMENT WAS PRIMARILY DRIVEN BY THE SALES VOLUME AND BENEFITS FROM THE
RESTRUCTURING PLAN ANNOUNCED IN SEPTEMBER 2020
    * SAYS OPERATING COSTS HAVE ALSO INCREASED IN ORDER TO MEET THE INCREASE IN DEMAND

Source text for Eikon:  ID:nWkr6Ld2bH 
Further company coverage:  EPROb.ST 

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