Provisional 2019 sales | ANOTHER YEAR OF DYNAMIC GROWTH

ANOTHER YEAR OF DYNAMIC GROWTH

  • Annual sales: €7,354m, +8,0% and +5.8% LFL*
  • Q4 sales €2,240m, +2.5% and +0.9% LFL*


GENERAL COMMENTS ON GROUP REVENUE

Groupe SEB recorded sales of €7,354 million in 2019, up 8.0%, including organic growth of 5.8%, a currency effect of +1.0% (or +€71 million) and a scope effect of +1.2% (€75 million), reflecting the consolidation of Wilbur Curtis on 11 months and Krampouz on 3 months.

This solid business momentum arises from:

  • Consumer sales growing firmly, up 5.2% like-for-like, nurtured by all geographic areas and all product lines
  • Professional activity which continued its fast development, up 12.1 % like-for-like, despite demanding 2018 comparatives.


This strong performance has been achieved in an overall complicated and volatile environment. Representing the 6th consecutive year of organic growth above 5%, it reflects the relevance of the Group’s strategy. 

Fourth-quarter sales totaled €2,240 million, up 2.5%. Organic growth, of + 0.9%, would reach + 2.3% when adjusted for the positive non-recurring events** in Brazil over the last 3 months of 2018.  Sales momentum continued in Eurasia, in China (organic growth exceeding 15%) and in Professional Coffee. However, business at the end of the year finally proved less firm than anticipated in Western Europe, especially in Germany and France.

 

* Like-for-like: at constant exchange rates and scope of consolidation.
** recognition in revenue of tax receivables 
 

READ THE PRESS RELEASE

DOWNLOAD THE PRESENTATION

LISTEN TO THE AUDIOCAST

News
bannier POV
Group

INAUGURATION OF THE NEW BIOMASS BOILER ROOM: THE PONT-ÉVÊQUE SITE DECARBONIZES ITS PRODUCTION FACILITIES TO MARK ITS 60TH ANNIVERSARY

In the presence of elected officials and local partners, Thierry de La Tour d'Artaise, Chairman of Groupe SEB, and Stanislas de Gramont, Chief Executive Officer of Groupe SEB, inaugurated the new biomass boiler room at the Calor plant in Pont-Évêque (38) on Friday, October 11, 2024.

The only plant in Europe to manufacture irons, steam generators and garment steamers, the Calor site in Pont-Évêque celebrates its 60th anniversary this year, and continues to promote its industrial expertise around the world.

ORCHESTRE
Group

GROUPE SEB MAJOR SPONSOR OF THE ORCHESTRE DE CHAMBRE DE LYON

Groupe SEB becomes a Major Sponsor of the Orchestre de Chambre de Lyon for 3 years. This partnership is perfectly in line with the Group's policy of cultural and regional sponsorship, particularly by enabling young people to discover the world of classical music.
Actionnariat
Finance

GROUPE SEB LAUNCHES A NEW EMPLOYEE SHARE OWNERSHIP PLAN

Groupe SEB announces the launch of a new employee share ownership plan, enabling employees to purchase existing shares on preferential terms. This initiative aims to involve employees more closely in the Group’s development. The transaction will cover 37 countries, involving nearly 20,000 employees.