 Very good results has been recorded by GrVoupe Seb during the first quarter 2019, in which the company totalized sales for 1,722 million euro, +10.4% and +8.5% LFL, comparing to the same period of the previous year. Relative to the high comparatives, organic growth of 8.5% stands as a very robust performance, which can be broken down as follows: consumer business, +7.0%: growth fueled by all geographies, by all product lines (excluding linen care), and by a higher volume of loyalty programs than in first-quarter 2018. Professional (coffee machines and hotel equipment) recorded a +24.4%, driven by Professional coffee, with firm momentum in “day-to-day” business and a strong boost from major deals in the United States and China.
Very good results has been recorded by GrVoupe Seb during the first quarter 2019, in which the company totalized sales for 1,722 million euro, +10.4% and +8.5% LFL, comparing to the same period of the previous year. Relative to the high comparatives, organic growth of 8.5% stands as a very robust performance, which can be broken down as follows: consumer business, +7.0%: growth fueled by all geographies, by all product lines (excluding linen care), and by a higher volume of loyalty programs than in first-quarter 2018. Professional (coffee machines and hotel equipment) recorded a +24.4%, driven by Professional coffee, with firm momentum in “day-to-day” business and a strong boost from major deals in the United States and China.
