SEB SA Reports Earnings Results for the Full Year Ended December 31, 2023
February 20, 2024
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SEB SA reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was EUR 8,006 million compared to EUR 7,959.7 million a year ago. Net income was EUR 386.2 million compared to EUR 316.2 million a year ago.
Basic earnings per share from continuing operations was EUR 7.01 compared to EUR 5.74 a year ago. Diluted earnings per share from continuing operations was EUR 6.97 compared to EUR 5.71 a year ago.
The world leader in Small Household Equipment, SEB S.A. relies on 35 flagship brands (Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, etc.) and a broad product portfolio:
- cookware: frying pans, saucepans, pressure cookers, utensils, etc.;
- small culinary appliances: items for electric cooking (deep fryers, rice cookers, pressure cookers, etc.), beverage preparation (coffee makers, kettles, etc.) or food preparation (blenders, food processors, etc.);
- small non-culinary household appliances: linen care equipment (irons, steam generators, steamers, steamers, etc.), vacuum cleaners, fans, and personal care equipment (hairdressing and depilation appliances, etc.).
At the end of 2023, the group operated 41 manufacturing sites worldwide.
Net sales are distributed geographically as follows: Western Europe (34.1%), Europe/Middle East/Africa (15.2%), China (27.9%), Asia (7%), North America (10.9%) and South America (4.9%).
SEB S.A. 
