We have posted a very satisfactory sales and profit performance in the second quarter.
Our Consumer activity is back to organic growth, fueled by our major and historical markets, such as Western Europe and China. This growth was driven by the successful implementation of our long-term strategy based on the appeal of our brands, product innovation, international expansion and the activation of all distribution channels.
Our Professional business achieved an outstanding performance in the first half, which confirms our confidence and our ambition in this fast-growing industry. We have continued to invest through several bolt-on acquisitions to reinforce the weight of this business in the Group’s portfolio.
In a market environment that remains uncertain, and in an adverse currency context, Groupe SEB will further improve its performance during the rest of the year. Hence, we are strengthening the Group’s targets for the full year and are now aiming to deliver a mid-single digit organic revenue growth and an increase in our Operating Result from Activity of at least 10%”.