40

FINANCIAL

OVERVIEW

Groupe SEB posted a strong performance in 2023, in a challenging economic context. The dynamic sales, the

continuous improvement of gross margin and disciplined cost control allowed the Group to surpassed its initial target

for operating result growth. We end the financial year with a stronger balance sheet and financial structure.

The social, environmental and societal data also illustrate the Group’s sustainable development commitments, which

it strengthens every year.

€8,006m

SALES

+0.6% • 5.3% LFL*

SALES BREAKDOWN WORLDWIDE

CONSUMER SALES

BY GEOGRAPHICAL AREA

€726m

ORFA

+17%

€386m

NET PROFIT

+22.1%

€1,769m

NET DEBT

Free cash flow: €805m

1.8

NET DEBT/

ADJUSTED EBITDA

2.3 at Dec 31, 2022

7045m

32 LFL

Western

Europe

34

Other EMEA

15

North America

11

South

America

5

China

28

Other Asian countries

7

Small Electrical

Appliances

57

Professional

12

Cookware

31

BY ACTIVITY

Likeforlike constant exchange and consolidation scope

40

8006m

53 LFL