Seb had a good 2018 set of figures. Sales grew by 5.1% and the operating result from activity (ORfA) increased by +2.5% (vs a restated 2017 basis) rather in line with guidance (c.+3%). Strong organic sales growth (+7.8%) and cost efficiency limited the impact of higher raw material costs and negative currency effects at the operating result. For 2019, Seb is expecting organic sales growth and an increase in the ORfA, including some negative raw material and currency effects.
04 Mar 2019
Good 2018 set of figures, confidence for 2019
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Good 2018 set of figures, confidence for 2019
SEB SA (SEBS:WBO) | 0 0 1.1% | Mkt Cap: 8,313m
- Published:
04 Mar 2019 -
Author:
Hélène Coumes -
Pages:
3
Seb had a good 2018 set of figures. Sales grew by 5.1% and the operating result from activity (ORfA) increased by +2.5% (vs a restated 2017 basis) rather in line with guidance (c.+3%). Strong organic sales growth (+7.8%) and cost efficiency limited the impact of higher raw material costs and negative currency effects at the operating result. For 2019, Seb is expecting organic sales growth and an increase in the ORfA, including some negative raw material and currency effects.