Another period of solid organic growth
Groupe SEB’s reported sales for the first six months of 2008 rose by a robust 14.8% to €1,413.5 million.
Another excellent start to the yearGroupe SEB enjoyed robust growth in the first three months of 2008, with revenue gaining 18.2% as reported and 21.2% at constant exchange rates. Revenue for the period was lifted by the €78 million first-time contribution from Supor, the Chinese company that has been fully consolidated since 1 January.
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Groupe SEB announces that its chairman and Chief Executive Officer, Thierry de La Tour d’Artaise, is today to attend a ceremony at the French Senate (Paris) to receive the "Family Company Grand Prix" from the ASMEP, the Association des Moyennes Entreprises Patrimoniales [Association of Medium-sized Family Companies], chaired by Yvon Gattaz.
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.