
Seb: 2024 sales +5% at E8,266m
(CercleFinance.com) - Seb Group has posted FY 2024 sales of E8,266m, with organic growth of 5.
0% (+3.2% on a reported basis). This performance includes a consolidation effect of 0.8% linked to the acquisitions of La San Marco, Pacojet, Forge Adour and Sofilac.
In Q4, LFL growth reached 3.6%. The Consumer Goods division maintained a sustained momentum, while the Professional Goods business remained marked by a high basis of comparison, it says.
Over 12 months, the Consumer Goods division achieved organic growth of 6.3%, reaching E7,291m. This performance was consistent throughout the year, and is based on organic growth in excess of 5% in each quarter, management adds.
The Professional business posted annual sales of E975m, down 4.5% in organic terms on an exceptionally high comparison basis in 2023 (+27%).
This solid publication, in line with expectations, confirms an operating margin close to 10% for 2024 as a whole. The Group is thus validating its return to its growth standards, with 2024 ROCE expected to increase by around 10%, it says.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
0% (+3.2% on a reported basis). This performance includes a consolidation effect of 0.8% linked to the acquisitions of La San Marco, Pacojet, Forge Adour and Sofilac.
In Q4, LFL growth reached 3.6%. The Consumer Goods division maintained a sustained momentum, while the Professional Goods business remained marked by a high basis of comparison, it says.
Over 12 months, the Consumer Goods division achieved organic growth of 6.3%, reaching E7,291m. This performance was consistent throughout the year, and is based on organic growth in excess of 5% in each quarter, management adds.
The Professional business posted annual sales of E975m, down 4.5% in organic terms on an exceptionally high comparison basis in 2023 (+27%).
This solid publication, in line with expectations, confirms an operating margin close to 10% for 2024 as a whole. The Group is thus validating its return to its growth standards, with 2024 ROCE expected to increase by around 10%, it says.
Copyright (c) 2025 CercleFinance.com. All rights reserved.