Groupe SEB's Sizeable Forecast Downgrade Is Surprising -- Market Talk

Dow Jones
Oct 06

0902 GMT - Groupe SEB reducing 2025 guidance in light of the market environment in Europe and the U.S. is unexpected, Equita analyst Alessandro Cecchini says in a note. Although a slight reduction in sales guidance could also be assumed, the around 20% reduction in operating results from activity is surprising, Cecchini says. The domestic-appliance maker's sales estimates are calculated to reduce by around 200 million euros, with an effect on 2025 profitability of around 150 million euros at midpoint, Cecchini says. "The stock was already weak year-to-date (-22%) but the new revision of estimates is sizeable," he says. Shares are down 21% at 52.50 euros. (anthony.orunagoriainoff@dowjones.com)

 

(END) Dow Jones Newswires

October 06, 2025 05:02 ET (09:02 GMT)

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