ELECTROLUX PROFESSIONAL AB Electrolux Professional AB (publ) (OM:EPRO B) is looking for acquisitions. Alberto Zanata, President and Chief Executive Officer said, "We are looking at M&A as usual, so we continue to monitor demand [Technical Difficulty] priority. But it is not the only area where we are looking at possible acquisition.
The balance sheet is stronger. The net debt -- the ratio between net debt and EBITDA is going down. So there are all the conditions to possibly entertain discussion with companies.
Obviously, I cannot comment more than this. I will not relate the softening of the U.S. market with more possibility in terms of M&A. At least, this is the experience that we had also during the pandemic, is not that because the market is weaker, more companies are coming to market. I didn't see this one happening, so I will not relate the 2 things, but we are continuing to look at a possible acquisition".
