Groupe SEB Q3 Sales Flat Like-for-Like; Operating Result Up 8.7%

Groupe SEB, the owner of Rowenta, Tefal and Moulinex, reported third-quarter 2026 sales of EUR 1,964 million on October 22. Sales were down 0.1% like-for-like and up 2.5% as reported. Nine-month sales were EUR 5,707 million, up 1.1% like-for-like and 0.8% as reported.

Consumer sales grew 1.1% like-for-like in the quarter to EUR 1,749 million. By region, like-for-like sales rose 10.8% in the Americas and 0.2% in China, and fell 1.0% in Europe, the Middle East and Africa and 0.4% in Asia. Professional sales fell 9.1% like-for-like to EUR 215 million. The release does not report results by product category; it mentions market share gains in floor washers in Colombia.

Operating result from activity rose 8.7% to EUR 161 million in the quarter, a margin of 8.2%, and 24.5% to EUR 333 million over nine months, according to the company's release. The group now expects full-year operating result from activity to grow by 5% to 10%.

Loïc Moutault, chief executive since October 1, 2026, said the group's aim was "to return to a profitable growth trajectory".