Following the approval of the Ministry of Commerce of the People’s Republic of China (MOFCOM) in July and the successful review carried out by the China Securities Regulatory Commission (CSRC), Groupe SEB has been authorised to raise its interest in Supor to 71.3% of the capital.
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Business and financial review for the nine months ended 30 September 2011.
Continued solid growth, operating margin on track A good third quarter: Business generally remained brisk in the third quarter Operating margin improved The Group is financially solid
A good First-Half 2011 : Continued robust business growth, Solid operating performance, Confirmed strong balance sheet.
Groupe SEB today successfully launched its first issue of five-year euro-bonds in a total amount of €300 million. The bonds mature on 3 June 2016 and pay interest at an annual rate of 4.50%.
To prepare for coming changes in the small domestic equipment market and extend its innovation strategy to new technologies and expertise from outside the company, Groupe SEB has created an investment fund – SEB Alliance – with initial capital of €30 million. The fund will serve as a technology watch as well as an investment...
Groupe SEB was today authorized by the Ministry of Commerce of the People’s Republic of China (MOFCOM) to raise its interest in Supor to 71.31% of the capital, in accordance with the agreement with Supor’s founding shareholders that was signed on 16 February 2011 and made public on 17 February.