Added to YB: 2026-10-05
Pitch date: 2026-10-01
SK.PA [neutral]
SEB SA
+5.63%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
SEB SA designs, manufactures, and markets small domestic equipment in Western Europe, rest of Europe, the Middle East, Africa, North and South America, China, and rest of Asia.
Market Cap
EUR 3.1B
Pitch Price
EUR 54.15
Price Target
N/A
Dividend
4.88%
EV/EBITDA
7.02
P/E
20.33
EV/Sales
0.72
Sector
Household Durables
Category
turnaround
Groupe SEB (SK France): Cost savings support earnings
SK.PA (update): SEB can deliver meaningful 2026 profit growth without a broad consumer recovery, converting modest sales growth into higher earnings through Rebond savings — €20m in H1 and €40-60m expected for the year — more favorable currency and some operating leverage. Subdued professional demand and a roughly €30m Middle East earnings drag remain headwinds, while Q4 may contribute about half of annual operating result from activity, heightening holiday and execution risk.
Read full article (2 min)