H1 15 earnings: Sales reached €2,113m (+15.7%). There was a significant positive currency effect (+7%) corresponding principally to the strengthening of the dollar and the yuan which more than offset the decrease in the Russian rouble, Ukrainian hryvnia and Brazilian real. Organic sales growth was significant (+8.7% vs +4.7% in H1 14) thanks to a positive contribution from all product categories and all geographic areas (+14% in Asia Pacific, +10.6% in France, +8.4% in North America, +7.
23 Jul 2015
Impressive organic sales growth, rebound of earnings
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Impressive organic sales growth, rebound of earnings
SEB SA (SEBS:WBO) | 0 0 1.1% | Mkt Cap: 8,313m
- Published:
23 Jul 2015 -
Author:
Hélène Coumes -
Pages:
3
H1 15 earnings: Sales reached €2,113m (+15.7%). There was a significant positive currency effect (+7%) corresponding principally to the strengthening of the dollar and the yuan which more than offset the decrease in the Russian rouble, Ukrainian hryvnia and Brazilian real. Organic sales growth was significant (+8.7% vs +4.7% in H1 14) thanks to a positive contribution from all product categories and all geographic areas (+14% in Asia Pacific, +10.6% in France, +8.4% in North America, +7.