For our shareholders, we strive to create share price growth and total return by leveraging our strategies to improve sales as well as profit and dividend. The key strengths and competitive advantages that drives our development and performance all provide a strong foundation for us to execute our strategy.
Strong positions in growing end-markets
We operate in a market that structurally has been growing driven by GDP growth, higher income, and people spending more time eating out of the home. Find out more about the Trends and Drivers of our industry.
Geographically balanced business
We have a geographically balanced business with a large part being recurring sales and the Group is relatively resilient to economic downturns. Approximately half of our sales are in Europe and the other half equally distributed between the Americas and APAC-MEA. This makes us less dependent on any single geography and its economic progress.
Electrolux Professional Group operates in two main segments: Food & Beverage and Laundry. These segments are divided into five business areas, each focusing on specific customer categories and regions:
- Europe: We are one of the leaders in Food, Beverage, and Laundry, with strong brand recognition.
- Americas: We are well-positioned in Food, Laundry, and Cold Beverages in the US.
- APAC: We are one of the leaders in Laundry and Food & Beverage in Japan, China, and Southeast Asia, with strong brand recognition in hotels and restaurant segments across the APAC region.
- Middle East and Africa: We are one of the leaders in Food with strong brand recognition in hotels and restaurant segments
Solid financial record
Electrolux Professional Group’s goal is to create value for its stakeholders through profitable growth. Electrolux Professional Group has adopted the following medium-term financial targets:
- Organic sales growth Organic annual growth of more than 4% over time, complemented by value-accretive acquisitions.
- Profitability EBITA margin of 15%
- Asset efficiency Operating working capital below 15% of net sales.
- Capital structure Net debt/EBITDA ratio limit below 2.5x.
- Dividend policy Electrolux Professional’s target is for the dividend to correspond to approximately 30% of the income for the year. The timing, declaration, and number of future dividends depend on the company’s financial situation, earnings, capital requirements, and debt service obligations.
We have always – even during the pandemic and other major economic downturns – been a profitable company generating strong cash conversion and cash flow. Find out more about our financial performance.
Innovation-focused approach
Innovation-focused with attractive pipeline of product launches. In order to drive growth and profitability, and also to provide products that increase customer productivity and efficiency, we invest more in R&D than the industry average.
For our customers, we focus on reducing total costs over the lifecycle of the equipment. This not only helps our customers to lower energy consumption and carbon footprint for our customers, but also ensures ergonomic and human centric design of our products that are user-friendly. Additionally, our products aim to enhance hygiene standards and improve the quality of food, beverage and laundry services.
Find out more Research & Innovation.
Sustainability Leader
We are the sustainability leader in our industry, according to external rankings such as CDP, Sustainalytics, and EcoVadis. All new products we launch have improved sustainability performance. Find out more in our Sustainability section
Focused expansion plan
We have a focused plan to expand in high-margin products, segments, and geographies, supported by potential M&A. Our recent acquisitions: