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Electrolux Professional AB ( ($SE:EPRO.B) ) has provided an update.
Electrolux Professional Group has announced that Paolo Schira, currently President of the Business Area Laundry and a long-time executive within the company, will become President and CEO following the Annual General Meeting on May 5, 2026, succeeding long-serving chief executive Alberto Zanata, who is retiring after 17 years in leadership. The orderly succession, endorsed by the board as a way to take the group to its “next level,” signals continuity in strategy and governance after Zanata’s tenure, which included steering the company through its stock market listing and the pandemic while delivering strong results, and is likely to reassure investors and customers about leadership stability and future development.
The most recent analyst rating on ($SE:EPRO.B) stock is a Hold with a SEK64.00 price target. To see the full list of analyst forecasts on Electrolux Professional AB stock, see the SE:EPRO.B Stock Forecast page.
More about Electrolux Professional AB
Electrolux Professional Group is a leading global provider of food service, beverage and laundry solutions for professional users, recognized as a sustainability leader in its sector. The company sells its innovative products and services in more than 110 countries, generated SEK 12.5 billion in sales in 2024, employs around 4,300 people, and is listed on Nasdaq Stockholm via its B-shares.
Average Trading Volume: 267,374
Technical Sentiment Signal: Sell
Current Market Cap: SEK16.85B
For detailed information about EPRO.B stock, go to TipRanks’ Stock Analysis page.