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.
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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.
As a member of the Global Compact, Groupe SEB attended the “Leaders Summit” which took place on 5-6 July 2007 in Geneva. Co-chaired by the United Nations Secretary-General Ban Ki-moon, the summit gathered around 1,000 world leaders who discussed responsible corporate practices. Groupe SEB also submitted a “communication on...
A fast start to the year
French version only. English one coming soon.
Groupe SEB today was authorised by the Chinese Ministry of Commerce (MOFCOM) to acquire a majority interest in SUPOR, a Chinese cookware manufacturer.
Paris Stock Exchange 2;30 p.m. 4 May 2007
“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...
A YEAR OF ROBUST GROWTH, LED ONCE AGAIN BY INTERNATIONAL SALES AND SUPPORTED BY AN UPSWING IN EUROPE