Groupe SEB

{{Short description|French consortium}}

{{About|the French company|the Swedish banking group|SEB Group|similar uses|Seb (disambiguation)#Organizations{{!}}Seb § Organizations}}

{{Expand French|topic=struct|date=July 2020|Groupe SEB}}

{{Infobox company

| name = SEB S.A.

| logo = Groupe SEB logo.svg

| logo_size = 70px

| caption =

| image = Groupe SEB global industrial locations.png

| type = Société anonyme

| traded_as = {{EuronextParis|SK|FR0000121709|XPAR}}
CAC Mid 60 Component

| fate =

| predecessor =

| successor =

| foundation = {{Start date and age|1857}}

| founder =

| defunct =

| location_city = Ecully

| location_country = France{{cite web |url= http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=SK:FP |archive-url= https://web.archive.org/web/20100802224746/http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=SK:FP |url-status= dead |archive-date= August 2, 2010 |title= Company Description: SEB SA |work= BusinessWeek |access-date= 27 September 2012}}

| locations =

| area_served = Worldwide

| key_people = Thierry de La Tour d'Artaise
(Chairman)

| industry = Small appliances

| products =

| services =

| revenue = {{increase}} €8.0 billion{{cite web|url=https://www.groupeseb.com/en/news/2023-full-year-results|title=2023 FULL-YEAR RESULTS|date=February 21, 2024}} (2023)

| operating_income =

| net_income = {{increase}} €386 million (2023)

| aum =

| assets =

| equity =

| owner =

| num_employees = 34,263 (2019)

| parent =

| divisions =

| subsid = {{Unbulleted list

| All-Clad

| Emsa (household goods)

| Krampouz

| Krups

| Lagostina

| Mirro

| Moulinex

| OBH Nordica

| Rowenta

| Schaerer

| Supor

| Tefal/T-fal

| WearEver

| WMF Group

| Joven Electric Co. Sdn Bhd}}

| homepage = [http://www.groupeseb.com/en groupeseb.com]

| footnotes =

}}

SEB S.A. or better known as Groupe SEB (Société d'Emboutissage de Bourgogne) is a large French consortium that produces small appliances, and it is the world's largest manufacturer of cookware. Notable brand names associated with Groupe SEB include All-Clad, IMUSA, Krups, Moulinex, Rowenta, Tefal (including OBH Nordica), Mirro and WMF Group. According to the Groupe SEB website, they have faced considerable competition from low-price Chinese competitors, but have managed to maintain a constant sales level. A large proportion of their product lines are now manufactured in China. Its headquarters are in Ecully, a Lyon suburb.

History

File:Groupe SEB global industrial locations.png

The precursor to the Groupe SEB consortium was originally formed by Antoine Lescure in 1857. In 1977, they released the dedicated first-generation home video game console Telescore 750. Later, they released two revisions, the Telescore 751 and the Telescore 752.

Recent performance

For the first half of 2008, Groupe SEB reported an increase in profit from 52 million euros in 2007 to 94 million euros. Groupe SEB now has a 61% interest in the Chinese cookware company Supor. For the second half of the year, Groupe SEB did not predict major changes in outlook.{{cite news|url= http://www.groupeseb.com/UploadFiles/publications/1306/resultts%20S1%2008-A%20.pdf.V4.aspx |publisher=Group SEB |title= First Half 2008 Report|year= 2008|url-status=dead |archive-url= https://web.archive.org/web/20081117184046/http://www.groupeseb.com/UploadFiles/publications/1306/resultts%20S1%2008-A%20.pdf.V4.aspx |archive-date=2008-11-17}}

In 2004, Groupe SEB acquired the high-end American cookware company All-Clad. Weakness in the European markets is expected to be balanced out by further growth in North America and Asia.{{cite news |url= http://www.groupeseb.com/english/essentiel/framesets/fs-message.htm |publisher=Group SEB|title= Chairman's Message – 2004 Annual Report|year= 2004|url-status= dead |archive-url=https://web.archive.org/web/20060406212807/http://www.groupeseb.com/english/essentiel/framesets/fs-message.htm |archive-date= 2006-04-06}}

References

{{Reflist}}