Tag Archives: Electrolux professional

Electrolux Professional Group to streamline its operations

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To strengthen future profitability and sharpen its competitive edge, Electrolux Professional Group is launching a series of cost-saving initiatives projected to deliver annual run-rate savings of approximately SEK 175 million by 2027, with SEK 80 million expected as early as 2026.

These measures will involve a one-time cost of around SEK 235 million, which will be reported as items affecting comparability in Q3 2025. The majority of the cash flow impact is anticipated in 2026.

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Key Actions: Streamlining and Strategic Relocations

The cost-saving program will include operational streamlining across multiple countries and functions, alongside a strategic competence shift aimed at accelerating business development. Pending consultation with employee representative bodies, the following changes are under evaluation:

– Coffee Production: Relocation from Carros to Aubusson, France, impacting approximately 40 employees.
– Cooking Production: Relocation from Sursee, Switzerland, to other facilities—primarily Pordenone, Italy—affecting around 50 employees.

In total, around 350 employees may be impacted. However, the net reduction is expected to be closer to 200 roles, as new positions will be created to support the competence shift. Notably, about one-third of the SEK 235 million investment will fund this strategic shift, which, while not directly reducing costs, is designed to accelerate innovation and growth

Electrolux Professional Group achieves gold medal in EcoVadis

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Electrolux Professional Group is proud to announce that we have been awarded the prestigious gold medal in the EcoVadis Sustainability Ratings. This recognition places us in the top 5% of companies assessed globally, highlighting our firm commitment to sustainable business practices.

Red Dot Design Awards for Tango XP espresso machine and NeoBlue Touch undercounter dishwasher

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Electrolux Professional Group  Tango XP super automatic espresso coffee machine and NeoBlue Touch undercounter dishwasher have been awarded the prestigious Red Dot Design Awards. These awards recognize the excellence in design, sustainability, and performance of the products.

The NeoBlue Touch undercounter dishwasher from Electrolux Professional stands out with its intuitive single control button, smart connectivity, and eco-efficient operation, consuming just 260 watts and 2.1 liters of water per cycle. The Tango XP espresso machine from UNIC, already a recipient of the German Design Award and Good Design Award, continues to impress with its user-centric features and modular design.

Acquisitions fuel uptick in Electrolux Professional sales

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Electrolux Professional’s CEO Alberto Zanata has said the company “expects to continue our improvements” in 2025 after registering a 12% increase in sales during the fourth quarter.

Revenue for the three months to the end of December rose to SEK3.3 billion (£241m), with the company posting organic growth of 3% while acquisitions contributed almost 8%.

French induction cooking manufacturer Adventys was among the companies that Electrolux Professional bought last year, along with Japanese laundry firm TOSEI.

Electrolux Professional wash and dry reusables

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Electrolux Professional has recently offered a sneak peek at an innovative prototype machine designed to enhance the washing and drying capabilities for reusable items.

During its All Taste, Less Waste event, which focuses on sustainable practices within the hospitality sector, the company revealed that while the new device is currently under development, it promises to elevate operational efficiency.

In the UK, the trend towards reusable packaging is gaining momentum, aligning with similar movements across other European nations.

Electrolux Professional is introducing the Electrolux Professional Returnable Station (ERS), a state-of-the-art, fully-automated dishwasher and dryer station for reusable items. The ERS distinguishes itself by tracking the items with a QR code system, facilitating a direct interaction between the machine and its users. This pioneering technology is being developed in partnership with various stakeholders, including prominent UK coffee chains.

Currently, Electrolux Professional is conducting pilot programs throughout Europe, notably in the UK. The inaugural pilot will witness coffee chains in a Northern English city transition from single-use items to reusables.

Electrolux Professional to buy Japan’s Tosei

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Electrolux Professional on Friday said it had agreed to buy Japan’s Tosei Corporation (8923.T), a maker of professional laundry equipment and vacuum packing machines, for about 1.65 billion Swedish crowns ($163.3 million).

“Tosei will significantly strengthen our position in Japan which is the second largest laundry market, and third largest food service market globally,” Electrolux Professional CEO Alberto Zanata said in a statement.

GourmeXpress, the High Speed Oven, wins Grands Prix Du Design 2023

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Quick and consistent cooking results in a small footprint – that’s the beauty of the GourmeXpress launched this year to boost Electrolux Professional’s strategic bid to expand in food service chains. But it’s the perfect solution for every food store in railway stations, airports, service stations, and shopping malls as well as in hotels for breakfast or room service.

New, easy-to-use, table-top High Speed Oven can now add a Grands Prix Du Design gold award to its menu of merits

Creativity meets speed with GourmeXpress,the High Speed Oven

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With the Electrolux professional tabletop GourmeXpress High Speed Oven you can serve delicious food in a fast and easy way. You can cook proteins and melt cheese perfectly thanks to a combination of 3 different heating methods. This solution leads to a simpler workflow and enlarges your menu. Serving high quality products in a consistent way, day after day, regardless of the user.

Electrolux Professional AB interim report Q2 2023

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During the second quarter Electrolux professional grew profitably taking another positive step towards our financial targets. Overall market demand has held up well in the quarter, and our order stock remains at a good level”, says CEO Alberto Zanata on the Q2/2023 report.EBITA in the second quarter of last year, excluding items affecting comparability of SEK -35m, amounted to SEK 268m, corresponding to a margin of 9.8%.
Operating income amounted to SEK 345m (196), corresponding to a margin of 10.9% (7.2).
Income for the period amounted to SEK 257m (132), and earnings per share was SEK 0.89 (0.46).
Operating cash flow after investments amounted to SEK 462m (88).Contact & head office
Electrolux Professional AB interim report Q2 2023
July 21, 2023
Interim reports – Press releases
Regulatory
Second quarter, April-June 2023

Net sales amounted to SEK 3,153m (2,731). Sales increased by 15.5%. Organically sales increased by 8.3%. Currency had an effect of 7.5%. The divestment of the Russian operations in 2022 had a negative effect of 0.3%.
EBITA amounted to SEK 385m (233), corresponding to a margin of 12.2% (8.5). EBITA in the second quarter of last year, excluding items affecting comparability of SEK -35m, amounted to SEK 268m, corresponding to a margin of 9.8%.
Operating income amounted to SEK 345m (196), corresponding to a margin of 10.9% (7.2).
Income for the period amounted to SEK 257m (132), and earnings per share was SEK 0.89 (0.46).
Operating cash flow after investments amounted to SEK 462m (88).
Alberto Zanata, President and CEO:

“Another positive step towards our financial targets

During the second quarter we grew profitably taking another positive step towards our financial targets. Sales increased organically by 8.3% compared to last year, and EBITA improved significantly to SEK 385m (233) with a corresponding margin of 12.2% (8.5). The higher EBITA was driven by price, and volume growth in Laundry.

Food and Beverage grew organically by 0.5% compared to last year with an EBITA margin of 12.2% (10.0) Sales grew in Europe, but declined in Americas and in Asia-Pacific. Business in China has not taken off as expected after the postpandemic re-opening. Sales declined in the US, mainly driven by a significant drop in our distribution sales of refrigerators due to destocking among customers. Order intake for the Food & Beverage segment remained at a good level overall despite somewhat softer demand in the US.

Laundry achieved an organic sales growth of 28.5% with particular strength in Europe and the US. The EBITA margin improved to 16.4% (10.4) due to volume and price, while the corresponding quarter of last year was impacted by component shortages. Order intake for Laundry was good.