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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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...
Groupe SEB today was authorised by the Chinese Ministry of Commerce (MOFCOM) to acquire a majority interest in SUPOR, a Chinese cookware manufacturer.
French version only. English one coming soon.
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.
A fast start to the year
A robust early-year performance, in line with 2010 * Revenue up very sharply * €92 million in operating margin, an all-time first-quarter high * A solid, healthy financial situation
Review for the three months ended 31 March 2011.
Working with more than 1,600 suppliers of raw materials, components and finished products all over the world, Groupe SEB is formalising its ethical commitments with a responsible purchasing policy. It has also developed information and control measures to ensure that suppliers are complying with its social and environmental requirements....