Brief: SEB Q3 ORFA Up 74% At 209 Million Euros

SEB SA

26/10/2023 18:00

Oct 26 (Reuters) - SEB SA  SEBF.PA :
    * GROUPE SEB: CONFIRMED REBOUND IN BUSINESS IN THE THIRD
QUARTER -
FULL-YEAR OUTLOOK REITERATED
    * NINE-MONTH SALES: EUR 5,532M, +3.9% LFL AND -0.5% REPORTED
    * NINE-MONTH OPERATING RESULT FROM ACTIVITY (ORFA): EUR 389M
VERSUS EUR 319M IN 2022 (+22%)
    * NET DEBT: EUR 2,278M, DOWN EUR 303M VERSUS 09/30/2022
    * NINE-MONTH ORFA MARGIN: 7% VERSUS. 5.7% IN 2022
    * THIRD-QUARTER SALES: EUR 1,920M, +8.9% LFL AND +1.4%
REPORTED
    * THIRD-QUARTER ORFA: EUR 209M VERSUS. EUR 120M IN 2022
(+74%)
    * THIRD-QUARTER ORFA MARGIN: 10.9% VERSUS. 6.3% IN 2022
    * 2023 OUTLOOK CONFIRMED

Source text for Eikon:  ID:nBw4DVXxXa 
Further company coverage:  SEBF.PA 

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