Welcome to our dedicated page for SEB SA UNSP/ADR news (Ticker: SEBYY), a resource for investors and traders seeking the latest updates and insights on SEB SA UNSP/ADR stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SEB SA UNSP/ADR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SEB SA UNSP/ADR's position in the market.
Groupe SEB reported 2022 sales of €7,960 million, a slight decline of 1.2% compared to 2021, impacted by geopolitical tensions and a 4.7% drop on a like-for-like basis. The Operating Result from Activity (ORFA) fell 24% to €620 million, with a margin of 7.8%. Net profit dropped 30% to €316 million. Notably, free cash flow improved in the second half, generating €663 million, despite a total annual consumption of €20 million. The company proposed a stable dividend of €2.45 per share. For 2023, SEB anticipates a gradual recovery in consumer sales and strong growth in professional sales, although the first quarter is expected to decline.
SEB S.A. has entered a liquidity agreement with Rothschild Martin Maurel, effective July 1, 2021, for a renewable one-year period. As of December 31, 2022, the liquidity account holds 1,100 shares valued at 1,848,046 euros. No transactions were executed from July 1, 2022, to December 31, 2022, with a total exchanged volume of 0 shares and 0 euros during this period. This contract aligns with European regulations and aims to enhance liquidity in the company's shares.
Groupe SEB reported a resilient performance in 2022, despite economic challenges including inflation and the Ukraine conflict. Nine-month sales totaled €5,560m, reflecting a slight decline of 0.2%, influenced by high comparisons from 2021. The Operating Result from Activity (ORFA) was €319m, down from €528m in 2021, with a revised full-year revenue guidance of around €7.9 billion. Notably, strong sales performance in China contrasted with declines in France and Germany, which faced market contractions and specific operational challenges. The Group plans a consolidation in the DACH region to enhance competitiveness.
FAQ
What is the market cap of SEB SA UNSP/ADR (SEBYY)?
