Shares of Electrolux Professional jumped 4% on Thursday, fueled by robust Q4 margins and a recovery in its European business. Despite headwinds from a weakening U.S. market and negative currency impacts, the Swedish commercial equipment maker saw its operating income before amortization rise to SEK 388 million. Outgoing CEO Alberto Zanata noted the company's success in improving margins.

Europe was the primary driver of growth, with sales increasing by approximately 8% organically. The Americas, however, saw a decline of roughly 12%. The Food & Beverage segment saw improved EBITA margins. The company also completed the acquisition of Royal Range assets. The board proposed a dividend of SEK 0.95 per share, up from SEK 0.85.

For the full year, net sales reached SEK 12.17 billion, down slightly from the previous year, with an organic growth of 0.5%. Annual EBITA excluding items affecting comparability reached SEK 1.47 billion, or 12.1% of sales. The company's focus on cost efficiency, including a restructuring program, is a key factor.

What's next for Electrolux Professional? Investors will be watching the transition to new CEO Paolo Schira in May, and the continued impact of currency fluctuations. The company's ability to navigate the U.S. market slowdown and maintain profitability in key segments will be critical for its future performance. The acquisition of Royal Range will be watched closely.