Brief: Electrolux Professional Q4 EBITA Rises To SEK 164 Mln

Electrolux Professional AB (publ)

28/01/2022 07:05

Jan 28 (Reuters) - Electrolux Professional publ AB
 EPROb.ST :
    * ELECTROLUX PROFESSIONAL AB YEAR-END REPORT Q4 2021
    * Q4 NET SALES AMOUNTED TO SEK 2,309M (1,935)
    * Q4 EBITA AMOUNTED TO SEK 164M (142)
    * BOARD PROPOSES A DIVIDEND OF SEK 0.50 (-) PER SHARE.
    * OUTLOOK: WE EXPECT MARKET TO BE BACK TO 2019 LEVELS IN
BEGINNING
OF 2022.
    * AS OF JANUARY 1, 2022, WE HAVE INCREASED PRICES TO
MITIGATE COST
INCREASE.
    * HOWEVER, WE WILL ONLY PARTIALLY MITIGATE COST INCREASE IN
Q1 OF
2022 SINCE PART OF SALES WILL BE FROM PRODUCTS ORDERED IN 2021.
    * THIS MEANS THAT NEGATIVE NET IMPACT IN Q1 OF 2022 WILL BE
LARGER
THAN IN Q4 OF 2021.
    * Q4 INCOME FOR PERIOD AMOUNTED TO SEK 129M (70), AND
EARNINGS PER
SHARE WAS SEK 0.45 (0.24).

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

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