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First-quarter 2017 Sales and Financial Data
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A brisk first quarter
- Sales: €1,527m, +37% as reported and +11.5% LFL*
- Operating Result from Activity: €131m, +40% and +34% LFL*
- Net financial debt: €1,902m, down €117m on December 31, 2016
*Like-for-like: at constant exchange rates and scope of consolidation
In a global environment that continues to be marked by strong geopolitical tensions and economic uncertainties, Groupe SEB posted a brisk first quarter.