Seb: H1 net income up 31%
(CercleFinance.com) - Seb has reported H1 sales of E3740m, up 6.
5% LFL (or +3.6% on a reported basis).
Operating income from ordinary activities came to E244m (+35%), recurring operating income was E233m (+37%), and net income, group share was E100m, up 31%.
EPS thus came to E1.84, compared with E1.38 a year earlier.
In this context, Seb is targeting organic sales growth of around 5% in 2024, with an operating margin close to 10%.
In H1, we achieved a performance in line with our expected trajectory, combining organic sales growth again exceeding 5% in Q2, in a slightly less favourable environment, with a marked increase in operating margin, management said.
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5% LFL (or +3.6% on a reported basis).
Operating income from ordinary activities came to E244m (+35%), recurring operating income was E233m (+37%), and net income, group share was E100m, up 31%.
EPS thus came to E1.84, compared with E1.38 a year earlier.
In this context, Seb is targeting organic sales growth of around 5% in 2024, with an operating margin close to 10%.
In H1, we achieved a performance in line with our expected trajectory, combining organic sales growth again exceeding 5% in Q2, in a slightly less favourable environment, with a marked increase in operating margin, management said.
Copyright (c) 2024 CercleFinance.com. All rights reserved.