Each brand has a well-defined identity, with a specific values which are reflected in the product offering, features and design, as well as in appropriate communication mechanics.
We remain convinced that our balanced business model, combining profitable growth and a resolutely responsible approach, creates value for all and plays a full part in our contribution to better living in households around the world.
06:30 am (CET)
2024 Sales and results - Press Release
10:30 am (CET)
2024 Sales and results - Conference
05:40 pm (CET)
1st quarter 2025 sales and financial data
The activity was solid throughout the year, with good momentum confirmed in the last quarter. This translated into robust organic growth of 5.0% in 2024, fully in line with our expectations. Sales thus exceeded the record set in 2021. Thanks to the successes of our innovations, the Consumer division returned to its growth standards, driven in particular by a marked recovery in Western Europe and North America. 2024 was a year of consolidation in the Professional business, after an exceptional 2023 due to the size of large deals. Sales remain at a historically high level in Professional Coffee, with a still buoyant core business. This performance allows us to confirm an operating margin of close to 10%, leading to an increase in the Operating Result from Activity of around 10% over the year. These results illustrate the robustness of our model. The Group continues to strengthen with targeted strategic acquisitions in the Consumer and Professional businesses.
The activity was solid throughout the year, with good momentum confirmed in the last quarter. This translated into robust organic growth of 5.0% in 2024, fully in line with our expectations. Sales thus exceeded the record set in 2021.
Thanks to the successes of our innovations, the Consumer division returned to its growth standards, driven in particular by a marked recovery in Western Europe and North America. 2024 was a year of consolidation in the Professional business, after an exceptional 2023 due to the size of large deals. Sales remain at a historically high level in Professional Coffee, with a still buoyant core business. This performance allows us to confirm an operating margin of close to 10%, leading to an increase in the Operating Result from Activity of around 10% over the year. These results illustrate the robustness of our model. The Group continues to strengthen with targeted strategic acquisitions in the Consumer and Professional businesses.
Stanislas de Gramont, Chief Executive Officer of Groupe SEB
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