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The Financial Report and Registration Document 2016 is now available on our website.
Groupe SEB today successfully issued a seven-year €500 million bond (maturing May 31st, 2024), with a 1.5% coupon. This new issue was 4 times over-subscribed by a diversified investor base. The orderbook attests again to investors’ confidence in Groupe SEB’s strategy and outlook.
Groupe SEB is pleased to announce the acqusition of the Swiss company Swizzz Prozzz, which specializes in mini hand choppers with high-performance multi-blade systems. Until now, Swizzz Prozzz products have been licensed via various kitchen utensil brands, enjoying great success; business represents proforma annual revenue of around...
A brisk first quarter Sales: €1,527m, +37% as reported and +11.5% LFL* Operating Result from Activity: €131m, +40% and +34% LFL* Net financial debt: €1,902m, down €117m on December 31, 2016 *Like-for-like: at constant exchange rates and scope of...
. Brand poised to trade up the market by fulfilling Indian needs with state-of-the-art non-stick cookware & small electrical appliances, including patented technologies for outstanding performance. . The leading international brand that straddles both the cookware and small electrical appliances.
Groupe SEB wishes you a happy and prosperous new year for 2017 !
Sales: €5,000m, +4.8% as reported, +6.1% like for like Operating Result from Activity (ORfA): €505m, +18% as reported et +47% like for like Net profit: €259m, +26% Net financial debt at 31.12.2016: €2,019 M€, after acquisitions Generation of operating cashflow of €452...
To watch the webcast -21/02/2017 at 14:30 FT- click here.
On May 31, 2016, S&P Global Ratings affirmed its 'A-2' short-term corporate credit rating on SEB S.A. following the acquisition of the German group WMF, which will increase the group's fully adjusted ratio of debt to EBITDA to above 3x immediately after the transaction completes, before declining to the 2x-3x range over the next...