Business Review for the three months ended 31 March 2010
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VERY SOLID PERFORMANCE INCREASE IN REVENUE AND OPERATING MARGIN, FURTHER REDUCTION IN DEBT
Solid growth and sharply improved profitability * €1,417 million in revenue; up 15%, of which 6.8% organic * Very strong improvement in operating margin to €117 million; up 49%, or 33% excluding Supor * A significant contribution from Supor: €143 million in...
Another period of solid organic growth Groupe SEB’s reported sales for the first six months of 2008 rose by a robust 14.8% to €1,413.5 million.
Groupe SEB’s business continued to improve in the first six months of 2007, in a generally expanding small domestic equipment market. At €1,231 million, sales were up 9.8% for the period at current exchange rates.
Following the commission meeting held by the CSRC (China Securities Regulatory Commission) on August 2nd 2007, Groupe SEB received the authorisation to complete the first two parts of its acquisition of holdings in SUPOR.
Very Satisfactory Sales and Solid results
A fast start to the year