Good results for Seb



2015 was a very good year for Groupe Seb, that recorded sales of 4,770 million euro, up 12.1% in euros and 8.0% on a like-for-like basis. This solid growth was well-balanced between mature countries and new economies, driven by a lot of products and underpinned by massive investments in growth drivers, particularly at the end of the year. Besides like-for-like growth of 8.0% (+339 million euro), the sales increase in 2015 also resulted from a +3.5% (149 million euro) currency effect generated by the positive impacts of the dollar and yuan, which largely exceeded the negative impacts of a number of other – mainly emerging – currencies. On top of that was a scope effect of +0.6% (+29 million euro), stemming from the integration on September 1, 2015 of the newly-acquired Scandinavian company OBH Nordica.