SEB Groupe: The latest figures, news and market research on SEB Groupe

Turnover: 8 billion EUR (2023)

Country: France

Groupe SEB is a French company that is a world leader in small domestic equipment. Its name stands for Société d'emboutissage de Bourgogne. The company is listed on the Euronext stock exchange in Paris. It has several brands: Tefal, Calor, SEB, Moulinex, Rowenta, EMSA, IMUSA, Wilbur Curtis, etc

The company has plants all over the world: the United States, France, Italy, Germany, China, Vietnam, India, Russia, the Czech Republic, Egypt, Colombia, and Brazil.

In 2021, 92% of the company's worldwide sales were to the general public and only 8% to professionals. 37% of consumer sales were generated in Western Europe, 15% in other EMEA countries, 11% in North America, 4% in South America, 25% in China, and 8% in other Asian countries. The Group is present in more than 150 countries and generates about 45 percent of its sales in emerging markets. Western Europe still accounts for 40% of sales.

Its major shareholders are :

Lescure family (39.2%)
Edmond de Rothschild Asset Management (5.3%)
FFP SA (5%)

News

Seb Alliance, the Seb Group's investment fund, invests in start-up Y-Brush 08/10/2023

Y-Brush raised 6 million euros last November.
The company was founded in 2017.
Y-Brush toothbrushes are equipped with 35,000 nylon filaments and sonic vibrations, which clean all teeth in 10 seconds.
Y-Brush currently has about 30 employees, half of whom work in production and logistics.
The company produces 8,000 toothbrushes per month. Y-Brush has over 100,000 users in France and abroad.
This year, exports accounted for more than 30 percent of the business.
The start-up's ambition is to be on the shelves of French supermarkets by the end of the year.

SEB consolidates part of its logistics in Côte-d'Or 19/07/2023

SEB employs 1,600 people to manufacture Tefal pans and cookware in Rumilly, Haute-Savoie.
A 100,000 m2 warehouse in Bully-les-Mines for small appliances was opened in June.
The new warehouse in Til-Châtel, with an area of 38,000 m2 and an investment of €30 million, will employ 100 people
SEB employs 560 people in the Côte-d'Or, including 400 in Selongey and 160 in Is-sur-Tille.
The group has 30,000 employees worldwide
SEB had a turnover of 7.96 billion euros in 2022.

SEB creates a giga-logistics platform in Pas-de-Calais 14/06/2023

Area of the giga logistics platform: 100,000 m2, investment of 80 million
Capacity: 100 trucks per day
Expected workforce in 2025: 350 people
Number of SEB industrial sites in the world: 40
Number of SEB industrial sites in France: 11
Turnover in 2022: €7.96 billion
Number of employees: more than 30,000 Presence in many countries: 150
Total brands: 34

SEB is increasingly invited into restaurant kitchens 05/05/2023

Groupe SEB acquires Pacojet, the Swiss family-owned company that produces the eponymous machine for emulsifying and smoothing sauces, purees, ice creams and mousses from frozen products
Pacojet is targeting sales of 24 million euros by 2022
90 percent of Pacojet's sales are for export
Increased presence in northern Europe and Germany
Price of Pacojet machines: from 4,000 to 5,000 euros
Third acquisition in the sector after Zummo, Spanish juice machine specialist, and San Marco, Italian coffee machine manufacturer
Sales of SEB's professional business in 2022: €725 million (9% of total sales)
Increase in SEB's professional sales in 2022: 15.6

Seb acquires La San Marco, Italian coffee machine icon 20/02/2023

Seb plans to strengthen its presence in this niche with the acquisition of La San Marco, a company specializing in professional coffee machines
Specializing in espresso machines with the traditional lever system, it offers a diverse range of products, most of which are manufactured in Italy
This acquisition will enable the Seb Group to consolidate its activities in the professional coffee segment, with a recognized historical experience and a true complement to its existing offering

SEB puts professional Italian-style coffee on its menu 17/02/2023

SEB enters a new segment of professional coffee machines
San Marco is an iconic Italian brand, founded in 1920.
Turnover of 19.7 million euros in 2022.
Target of 50 percent market share in espresso machines by the end of 2022.
In 2016, the company entered the bar and restaurant sector with the acquisition of Germany's WMF
In 2019 Already number two in the U.S. filter coffee market with the acquisition of Wilbur Curtis

SEB acquires Spanish juice machine specialist Zummo 27/07/2022

Leader in automatic juice machines
Turnover of 25 million euros by 2022
Production facility in Valencia, Spain

Seb aims for growth in 2022 24/02/2022

Seb records record results in 2021.
Seb's operating income before nonrecurring items (EBITDA) in 2021 will be 813 million euros, an increase of 34.3% compared to 2020.
Seb's operating margin in 2021 will be 10.1 percent, up from 8.7 percent in 2020.
Seb's sales in 2021 will be 8.05 billion euros, up 16.1%.
Seb's net income in 2021 will be 454 million euros, up 51% from 2020.

Financial Data

DUNS: 440410637

Legal Name: GROUPE SEB FRANCE

Address: 112 CHE DU MOULIN CARRON , 69130 ECULLY

Number of employees: Between 250 and 499 employees (2020)

Capital: 42 033 850 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016	2015
Turnover	822 236 340	1 029 108 883	853 324 554	845 759 237	849 428 202	882 260 243	874 572 659	835 748 811
Gross margin (€)	274 061 383	343 923 870	218 074 631	213 457 731	217 279 278	221 158 295	202 427 694	223 957 309
EBITDA (€)	43 766 593	55 735 063	33 656 799	48 479 863	51 607 719	57 484 301	47 991 656	71 408 721
Operating profit (€)	44 619 106	51 991 519	33 781 720	48 634 402	50 476 416	56 992 386	45 668 561	70 543 694
Net profit (€)	32 348 844	35 847 900	22 390 177	31 631 871	31 082 035	36 456 833	30 168 835	42 820 846
Turnover growth rate (%)	-20,1	20,6	0,9	-0,4	-3,7	0,9	4,6	-
Ebitda margin rate (%)	5,3	5,4	3,9	5,7	6,1	6,5	5,5	8,5
Operating margin rate (%)	5,4	5,1	4	5,8	5,9	6,5	5,2	8,4
Working Capital (turnover days)	76,6	63,5	68,7	73,4	72,4	70,7	68,5	78,6
Working Capital requirements (turnover days)	50,3	23,3	42,5	39,9	36,6	54,1	50,9	48,6
Net margin (%)	3,9	3,5	2,6	3,7	3,7	4,1	3,4	5,1
Added value / Turnover (%)	8,1	8,3	6,9	9,2	11,1	11,4	10,3	13,8
Wages and social charges (€)	27 330 390	31 136 231	28 516 590	30 108 064	27 269 727	27 306 397	26 233 191	25 701 274
Salaries / Turnover (%)	3,3	3	3,3	3,6	3,2	3,1	3	3,1