Statement by T. de La Tour d’Artaise, Chairman and CEO of Groupe SEB
“Groupe SEB posted an excellent first half, with performance even outstripping pre-pandemic levels despite unprecedented external tensions in the supply chain relating to raw materials and components, delays and additional freight costs. These performances were driven by buoyant demand for small domestic equipment and continued strong momentum in e-commerce. Our Consumer business grew faster than the market, fueled by all geographies and categories. The quarter was also market by the return to growth of the Professional division, with an improved trend in the Professional Coffee core business.