Groupe SEB reported a profit of US$49.6 million, after income tax expense, for the first half of 2009, down from $82.6 million from the first half of 2008.
Revenue for the period was $1.97 billion, down from $2.04 billion in the first half of 2008. Its business of small appliances held up for the first half of the year, it said, despite the difficult economy.
It reported success with its Actifry deep fryer, the Silence Force and Air Force vacuum cleaners, and the Dolce Gusto pod beverage maker.
to Daily News