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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Groupe SEB    SK   FR0000121709

GROUPE SEB

(SK)
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Groupe SEB : Statement From Groupe SEB About the Situation in China

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01/30/2020 | 05:08am EDT

Groupe SEB and its subsidiary SUPOR are fully mobilized to implement appropriate measures

Regulatory News:

Groupe SEB (Paris:SK) has 7 factories in China, out of which only one is located in Wuhan – Hubei Province.

Like every year, due to Chinese New Year, all Groupe SEB premises are currently closed, and all our employees are on vacation.

Taking into account the exceptional circumstances and as per Chinese Authorities request, our factories will extend vacation closure by an extra week, from February 3rd to February 10th. Our Wuhan factory will remain closed until new notice from Authorities.

For offices, reopening is forecasted on February 3rd with remote home working for most employees until February 10th.

In addition, Groupe SEB issued a travel ban since last week to China and from China and has currently no expatriates nor employees travelling to China.

SUPOR, in China, has established an employee caring and health status reporting system.

So far, none of our employees has been reported sick.

In parallel, Groupe SEB is fully mobilized to also implement appropriate measures to take care of its employees wherever they are, in total cooperation with Authorities.

Next key dates

 

February 27 | before market opens

2019 sales and results

April 27 | after market closes

Q1 2020 sales and financial data

May 19 | 3:00 pm (Paris time)

Annual General Meeting

July 23 | before market opens

H1 2020 sales and results

October 26 | after market closes

9-month 2020 sales and financial data

Find us on… www.groupeseb.com

World reference in small domestic equipment, Groupe SEB operates with a unique portfolio of 30 top brands including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, marketed through multi-format retailing. Selling more than 350 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness and service to clients. With products being present in over 150 countries, Groupe SEB generated sales of approximately €7.3 billion in 2019 and had more than 34,000 employees worldwide.


© Business Wire 2020
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Financials (EUR)
Sales 2020 6 591 M
EBIT 2020 472 M
Net income 2020 255 M
Debt 2020 1 783 M
Yield 2020 1,36%
P/E ratio 2020 21,4x
P/E ratio 2021 13,1x
EV / Sales2020 1,10x
EV / Sales2021 0,94x
Capitalization 5 464 M
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Technical analysis trends GROUPE SEB
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Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 121,92 €
Last Close Price 109,40 €
Spread / Highest target 23,4%
Spread / Average Target 11,4%
Spread / Lowest Target -7,68%
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Managers
NameTitle
Thierry Arnaud de La Tour d'Artaise Chairman & Chief Executive Officer
Stanislas de Gramont Chief Operating Officer
Nathalie Lomon Chief Financial Officer & Senior Executive VP
Damarys Braida Director
Jean-Noël Labroue Independent Director
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