Seb: raises sales outlook

(CercleFinance.com) - The household electrical appliance group has reported sales to end-September of 5,570 million euros, up 18.
2% y-o-y.

At the end of September, its Operating Result from Activity (ORfA) came in at 528 million euros, up 63% (324 million euros in 2020).

The company has raised its sales growth assumption for 2021, which it now expects to be around 14% (compared with over 10% previously) and has confirmed its operating margin target for the year, of close to 10%.


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