Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Groupe SEB Revenues Grow 14.2% for First 9 Months
Oct 27, 2008
 Printable format
 Email this Article
 Search

Groupe SEB reported a revenue increase of 14.2% to US$2.8 billion for the first nine months of the year. The company attributed this to organic growth of 5.6% , the consolidation of the company’s Supor division in China, which contributed $282 million, and a negative currency effect of $75 million due to the continuing fall of certain currency rates against the Euro.

In North America, sales fell 2.4% with current exchange rates, for a total of $342 million. The region saw flat sales in the third quarter, and in the U.S., sales were affected by the continuing weak dollar and challenging economic environment. Its revenue grew at a “satisfactory rate” in the third quarter in the U.S., a company statement said, "led by T’Fal’s successful repositioning in the cookware segment." Rowenta, on the other hand, had a "challenging quarter."

Back to Daily News

 

Daily News

...........................................................

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Arçelik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows