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Seb: confirms guidelines for 2023

(CercleFinance.com) - Groupe SEB has reported 9m sales of E5,532m, up 3.
9% LFL (and down 0.5% on a reported basis).

The Consumer business reported sales of E4,835m, up 1.2% LFL (and down 4.4% on a reported basis). Professional sales rose to E697m, up 31% LFL (and +38% on a reported basis).

Operating profit for the first nine months of the year came to E389m, up 22% from 2022 (E319m).
Seb has confirmed the guidance given when it announced its H1 results.

It is targeting sales growth of around 5%, with positive sales growth in the Consumer sector, strong sales growth in the Professional sector and EBITDA growth of at least 10%.


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