A YEAR OF ROBUST GROWTH, LED ONCE AGAIN BY INTERNATIONAL SALES AND SUPPORTED BY AN UPSWING IN EUROPE
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“2006 was a positive year for Groupe SEB. First, we met our objectives of sustained organic growth in revenue and improvement in operating margin excluding acquisitions. At the same time, we pursued our acquisitions strategy with one operation completed in the United States and the signature of a major project in China, which is still...
Paris Stock Exchange 2;30 p.m. 4 May 2007
Sustained strong Momentum Results in line with expectations
Strong sales growth Groupe SEB ended a very good year with fourth-quarter sales firmly up and full-year sales of €2.869 million, up 8.2%. This robust growth was achieved in a generally favourable market environment, in terms of both volumes and prices, buoyed by sustained demand.
“2007 was an excellent year for Groupe SEB. We met or exceeded our objectives and laid new strategic foundations for our future growth. In terms of performance, all of our business and financial indicators are trending favourably, with strong growth in sales, steadily improving margins and a solid balance sheet.
Groupe SEB announces that its chairman and Chief Executive Officer, Thierry de La Tour d’Artaise, is today to attend a ceremony at the French Senate (Paris) to receive the "Family Company Grand Prix" from the ASMEP, the Association des Moyennes Entreprises Patrimoniales [Association of Medium-sized Family Companies], chaired by...
Last 21 November, Groupe SEB launched a partial public tender offer to purchase up to 49,122,948 shares of SUPOR, a leading Chinese company of the Small Domestic Equipment in which the Group already owned a 30% stake since 31 August 2007. The offer was valid for 30 calendar days and therefore expired yesterday.