Electrolux Professional AB (publ) (EPRO_B) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Electrolux Professional Q2 Report Result. My name is Jakob Ruba. I'm heading up Corporate Communication and Investor Relations. We may have Paolo Schira, our new CEO, and also Fabio Sarpadon, our CFO. And I leave the floor to you, Paolo. Please go ahead. Thank you, Jacob. Good morning, everybody. And I think probably since I started two months ago in my role, it could be good to give a few words, a little bit about my agenda. The last couple of months I've been using to travel across the different countries, meeting many of the colleagues. And I'm very happy and energized after this interaction because I saw a lot of energy, a lot of passion. and willingness from the different colleagues to move Electros Professional to the new heights. So very, very energizing. And I took the chance of this interaction with the colleagues also to share a little bit what is my agenda moving forward. Now, we are a company with a very long legacy, more than 100 years. And as every established companies, we've been expanding work in many areas. And that's why I want to bring forward what I call the Accelerate and Simplify Mantra. So the idea is fundamentally to refocus on fewer things, significantly fewer things, but then secure the magnitude, the impact and the speed that we execute on those fewer priorities are amplified. And of course, this has to come strategically from the areas where we are stronger, where we have more chances to win and where also our margins are higher. So The first element is really about defining sharp and better the core and then double down on this in this initiative. Now, having outstanding solution as we have, having a strong value proposition as we have, is not enough then if you don't reinforce the front end, if you don't work...