Groupe SEB
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| Company type | Société anonyme |
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| Euronext Paris: SK
CAC Mid 60 Component | |
| Industry | Small appliances |
| Founded | 1857[1] |
| Headquarters | , France[1] |
Area served | Worldwide |
Key people | Thierry de La Tour d'Artaise (Chairman)[1] |
| Revenue |  €8.0 billion[2] (2023) |
| €386 million[2] (2023) | |
Number of employees | 34,263 (2019)[2] |
| Subsidiaries | |
| Website | groupeseb.com |
SEB S.A. or better known as Groupe SEB (Société d'Emboutissage de Bourgogne) is a large French consortium that produces small appliances, and it is the world's largest manufacturer of cookware. Notable brand names associated with Groupe SEB include All-Clad, IMUSA, Krups, Moulinex, Rowenta, Tefal (including OBH Nordica), Mirro and WMF Group. 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 in Ecully, a Lyon suburb.
History
[edit]The precursor to the Groupe SEB consortium was originally formed by Antoine Lescure in 1857. In 1977, they released the dedicated first-generation home video game console Telescore 750. Later, they released two revisions, the Telescore 751 and the Telescore 752.
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 61% interest in the Chinese cookware company Supor. For the second half of the year, Groupe SEB did 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]- ^ a b c "Company Description: SEB SA". BusinessWeek. Archived from the original on August 2, 2010. Retrieved 27 September 2012.
- ^ a b c "2023 FULL-YEAR RESULTS". February 21, 2024.
- ^ "First Half 2008 Report". Group SEB. 2008. Archived from the original on 2008-11-17.
- ^ "Chairman's Message – 2004 Annual Report". Group SEB. 2004. Archived from the original on 2006-04-06.
External links
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