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.
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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.
Holding a 30% stake in Chinese company Supor since 31 August 2007, Groupe SEB is launching a partial tender offer for the company in accordance with the Strategic Investment Framework Agreement signed in August 2006 and Chinese securities laws. Supor is listed on the Shenzhen Stock Exchange.
Confirmation of its strategy and identity as world leader in small household appliances
As part of the revitalisation agreement signed in July 2006 with the authorities, Groupe SEB has just reached an agreement with the Ossabois Group for the re-industrialisation of its site located in Le Syndicat, in the region of Vosges (France).
Business and Financial Review for the Nine Months Ended 30 September 2010
Sales and Margins Sharply Higher A very Good Third Quarter * Robust growth in revenue * Strong improvement in profitability * A still robust balance sheet
Like-for-like revenue down slightly Operating result from activity lower, as expected Debt reduced by €88 million during the period The economic environment in first-quarter 2012 was much more challenging than in fourth-quarter 2011 and contrasted sharply with the extreme buoyancy seen in the first three...
Business Review for the three months ended 31 March 2012.
The second edition of this webzine is now available online and accessible from the home page of www.groupeseb.com. Let's discover the last news of Groupe SEB.