Electrolux Professional’s international headquarters in Stockholm, Sweden, has reported that its overall group financials have been positive in 2021.

The catering equipment manufacturer stated that the recovery of the hospitality industry has been faster than anticipated with its sales growing by 10% and its profit by 50%. This represents a net sales total of SEK7,862m (£635.3m).

60% of global net sales were from the food and beverage segment, with the remaining 40% from laundry. By region, 69% of net sales were from Europe, 16% from the Americas and 15 from Asia-Pacific, Middle East and Africa.