Seb: the margin is improving







Photo credit © ChaunuPictures

(Boursier.com) — At Seb, sales for the first half of the year were €1,893 million, or +7.3% like-for-like.

The group highlights the solid performance of the Consumer division at +5.8% and the Professional section at +18.5%.

The operating profit from activity is 111 ME vs 65 MEUR in Q1 2023, or +70%.

We have a clear increase in the operating margin to 5.8%, +2.2 points.

The 2024 outlook is confirmed, including an operating margin close to 10%


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