“Sales momentum was strong in the first nine months of the year, and we continue to generate robust organic growth in the third quarter. 

Small Domestic Equipment markets have remained buoyant in recent months. In this context, the Group’s sales growth accelerated and was bolstered by the rollout of innovations, in particular in Western Europe and North America.

Sales in Professional decreased compared to an exceptional third quarter last year, reflecting the phasing of large deals rollout. The core business excluding large deals, however, has seen a noteworthy increase over the quarter. 

Our Operating Result from Activity rose by 14% over the nine-month period. We remain on track to achieve an organic sales growth of around 5% and an operating margin close to 10% for the full year.”

Stanislas DE GRAMONT
Chief Executive Officer Groupe SEB