Each brand has a well-defined identity, with a specific values which are reflected in the product offering, features and design, as well as in appropriate communication mechanics.
We remain convinced that our balanced business model, combining profitable growth and a resolutely responsible approach, creates value for all and plays a full part in our contribution to better living in households around the world.
On May 31, 2016, S&P Global Ratings affirmed its 'A-2' short-term corporate credit rating on SEB S.A. following the acquisition of the German group WMF, which will increase the group's fully adjusted ratio of debt to EBITDA to above 3x immediately after the transaction completes, before declining to the 2x-3x range over the next two years. S&P does not expect this will have an impact on the short-term rating. However, the agency has revised downward its assessment of the group's financial risk profile.
Read the complete Research Update analysis.
France-Based SEB S.A. 'A-2' Short-Term Rating Affirmed Following Acquisition Of WMF Group