Groupe SEB

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SEB SA
Type Société anonyme
Traded as EuronextSK
Industry Small appliances
Founded 1857 (1857)[1]
Headquarters Ecully, France[1]
Area served Worldwide
Key people Thierry de La Tour d'Artaise
(Chairman)[1]
Revenue €3.96 billion (2011)[2]
Operating income €400.5 million (2011)[2]
Profit €260.9 million (2011)[2]
Total assets €3.36 billion (2011)[2]
Total equity €1.36 billion (2011)[2]
Employees 24,927
Website www.groupeseb.com

Groupe SEB (Société d'Emboutissage de Bourgogne) is a large French consortium that produces small appliances. Notable brand names associated with Groupe SEB include All-Clad, Krups, Moulinex, Rowenta, and Tefal. According to the Groupe SEB website, they have faced considerable competition from low-price Chinese competitors, but have managed to maintain a constant sales level. A large proportion of their product lines are now manufactured in China. Its Headquarters are based in Ecully, a Lyon suburb.

Company history[edit]

Groupe SEB plants in the world

The precursor to the Groupe SEB consortium was originally formed by Antoine Lescure in 1857.

Recent performance[edit]

For the first half of 2008, Groupe SEB reported an increase in profit from 52 million Euros in 2007 to 94 million Euros. Groupe SEB now has a 51.36% interest in the Chinese cookware company Supor. For the second half of the year, Groupe SEB does not predict major changes in outlook.[3]

In 2004, Groupe SEB acquired the high-end American cookware company All-Clad. Weakness in the European markets is expected to be balanced out by further growth in North America and Asia.[4]


References[edit]

  1. ^ a b c "Company Description: SEB SA". businessweek.com. BusinessWeek. Retrieved 27 September 2012. 
  2. ^ a b c d e "2011 Financial Report and Registration Document" (PDF). Groupe SEB. Retrieved 27 September 2012. 
  3. ^ "First Half 2008 Report". Group SEB. 2008. 
  4. ^ "Chairman's Message- 2004 Annual Report". Group SEB. 2004. 

External links[edit]