This press release may contain individually rounded data. The arithmetical calculations based on rounded data may show some differences with the aggregates or subtotals reported.

GLOSSARY

On a like-for-like basis $(LFL)$ -- Organic

The amounts and growth rates at constant exchange rates and consolidation scope in a given year compared with the previous year are calculated:

   -- 
 using the average exchange rates of the previous year for the period in 
      consideration (year, half-year, quarter) 
 
 
   -- 
 on the basis of the scope of consolidation of the previous year. 
 

This calculation is made primarily for sales and Operating Result from Activity.

Operating Result from Activity (ORfA)

Operating Result from Activity (ORfA) is Groupe SEB's main performance indicator. It corresponds to sales minus operating costs, i.e. the cost of sales, innovation expenditure (R&D, strategic marketing and design), advertising, operational marketing as well as distribution and administrative expenses. ORfA does not include discretionary and non-discretionary profit-sharing or other non-recurring operating income and expense.

Adjusted EBITDA

Adjusted EBITDA is equal to Operating Result from Activity minus discretionary and non-discretionary profit-sharing, to which are added operating depreciation, amortization and impairment.

Free cash flow

Free cash flow corresponds to adjusted EBITDA, after accounting for changes in operating working capital, recurring capital expenditure (CAPEX), taxes and financial expenses, and other non-operating items.

Net financial debt

This term refers to all recurring and non-recurring financial debt minus cash and cash equivalents, as well as derivative instruments linked to Group financing. It also includes debt from application of the IFRS 16 standard "Lease contracts" in addition to short-term investments with no risk of a substantial change in value but with maturities of over three months.

Loyalty program (LP)

These programs, run by distribution retailers, consist in offering promotional offers on a product category to loyal consumers who have made a series of purchases within a short period of time. These promotional programs allow distributors to boost footfall in their stores and our consumers to access our products at preferential prices.

 
  Conference with management on 23 January at 6:00 p.m. CET 
 
   Click here to access the webcast live (in English only) 
 
               Replay available on our website 
      on 23 January from 8:00 p.m. at www.groupeseb.com 
 
              or connect from 5:50 p.m. and dial: 
-------------------------------------------------------------- 
From France:               +33 (0) 1 7037 7166 
-------------------------  --------------------  ------------- 
From abroad:               +44 (0) 33 0551 0200 
-------------------------  -------------------- 
From the United States:    +1 786 697 3501       Password: SEB 
-------------------------  --------------------  ------------- 
 

Next key dates -- 2025

 
27 February | pre-market          2024 Results 
--------------------------------  -------------------------------- 
24 April | after market closes    Q1 2025 sales and financial data 
--------------------------------  -------------------------------- 
20 May | 2:30 p.m.                Annual General Meeting 
--------------------------------  -------------------------------- 
23 July | after market closes     H1 2025 sales and results 
--------------------------------  -------------------------------- 
23 October | after market closes  9M 2025 sales and financial data 
--------------------------------  -------------------------------- 
 

World reference in Small Domestic Equipment and professional coffee machines, Groupe SEB operates with a unique portfolio of 40 top brands (including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor), marketed through multi-format retailing. Selling more than 400 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness, and client service. Present in over 150 countries, Groupe SEB generated sales of EUR8bn in 2023 and has more than 31,000 employees worldwide.

(1) LFL: on a like-for-like basis (= organic)

View source version on businesswire.com: https://www.businesswire.com/news/home/20250123205651/en/

 
    CONTACT: 

Investor/Analyst Relations

Groupe SEB

Financial Communication and IR Dept

Raphaël Hoffstetter

Guillaume Baron

comfin@groupeseb.com

Tel. +33 (0) 4 72 18 16 04

Media Relations

Groupe SEB

Corporate Communication Department

Cathy Pianon

Florence Candianides

Marie Leroy

presse@groupeseb.com

Tel. + 33 (0) 6 33 13 02 00

Tel. + 33 (0) 6 88 20 98 60

Tel. + 33 (0) 6 76 98 87 53

Image Sept

Caroline Simon

Claire Doligez

Isabelle Dunoyer de Segonzac

caroline.simon@image7.fr

cdoligez@image7.fr

isegonzac@image7.fr

Tel.: +33 (0) 1 53 70 74 70

(END) Dow Jones Newswires

January 23, 2025 11:40 ET (16:40 GMT)