Seb: raises sales targets for 2018
(CercleFinance.com) - The Seb Group revises its 2018 organic sales growth targets upwards, which should exceed 7%, and confirms its objectives for growth of operating profits on ordinary activities of over 5% in adjusted data.
For the first half of 2018, it posted net income of 91 million euros, up 9.5%, and operating profit from ordinary activity of 208 million. At constant scope and exchange rates, and before non-recurring effects of allocation of the acquisition price of WMF, it declines 2.9%.
The small appliance manufacturer's turnover, at 3,025 million euros, is up 2.9%, notably including organic growth of 7.4% for the first six months of 2018 (and exchange effects of - 4.7%) after reaching 10.1% a year earlier.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
For the first half of 2018, it posted net income of 91 million euros, up 9.5%, and operating profit from ordinary activity of 208 million. At constant scope and exchange rates, and before non-recurring effects of allocation of the acquisition price of WMF, it declines 2.9%.
The small appliance manufacturer's turnover, at 3,025 million euros, is up 2.9%, notably including organic growth of 7.4% for the first six months of 2018 (and exchange effects of - 4.7%) after reaching 10.1% a year earlier.
Copyright (c) 2018 CercleFinance.com. All rights reserved.