Groupe SEB : Professional business harbours significant growth potential
>Feedback from road show in Germany - At a road show with management (CFO / HIR) in Frankfurt, the group reviewed its 2023 results and growth prospects over the short and medium term. We would note in particular: In 2023, revenues rose by 5.3% LfL, which is a good performance, fuelled above all by the Professional segment (12% of consolidated revenues), which grew by 26.5% and benefited in particular from the roll-out of major contracts (services were also buoyan...SEB is engaged in the design, manufacture and marketing of cookware and small household appliances such as pressure cookers, irons, coffeemakers, deep fryers, toasters, kitchen utensils, breadmakers, mixers, blenders, bathroom scales, vacuum cleaners, fans, heaters, air conditioners and food processors. Co.'s products fall into eight categories: Home comfort, Home care, Food preparation, Linen care, Personal care business, Cookware, Electrical cooking and Beverage preparation. Co.'s brands are All-Clad, Krups, Lagostina, Moulinex, Rowenta, Tefal, Calor/Seb, T-fal/Mirro/WearEver/AirBake/Regal, Arno/ Panex//Rochedo/Penedo/Clock/Samurai/Imusa/Umco, Supor, AsiaVina and Maharaja Whiteline.
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