Great performance for Groupe Seb

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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.

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