Groupe SEB’s Management has just presented to its European Works Council and the representative organisations an industrial reorganisation project concerning the sites at Pont-Evêque in France (Isère) and Erbach in Germany.
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Sales and Margins continue to hold firm Cash flow very satisfactory
Very Buoyant Fourth Quarter Sales Stable Year-on-Year, Higher than Expected
More favourable economic and currency environment than in first-half 2009 Group growth momentum confirmed
Very strong Growth dynamic Record-High Results
On October 14, the Hôtel Majestic in Cannes played host to the first Cannes Corporate Media & TV Awards. On this occasion, Groupe SEB’s Corporate Film 2010 took 2nd prize for best corporate video in the Corporate Films and Videos category.
Groupe SEB confirms via this press release being negotiating with the shareholders of the colombian company Imusa with a view to taking a majority stake in its capital by the end of the year.
The 9th June, 2010 at the French Ministry for the Economy, Industry and Employment in Paris, Groupe SEB was presented with the Best Strategy Award in the “Group” category.
* Slight 0.3% like-for-like revenue growth * Improvement in operating margin * Limited decline in attributable profit * Very sharp reduction in net debt * Proposed dividend of €1.04 per share, to be submitted for shareholder approval the...