France's SEB falls on weaker forecast

SEB SA

27/02/2025 11:17

** Shares of France's SEB SEBF.PA are down 6.5% after the group issued its 2025 forecast, without providing clarity on the figures it expects to achieve

** For 2025, the French household equipment maker only sees organic sales growth and an increase in operating result from activity

** "The Group refers to another year of organic growth in sales: investors would certainly have appreciated an indication of a return to growth in the Professional business," Midcap analyst Sarah Thirion tells Reuters

** "The market would probably have preferred to hear about an increase in operating margin," Thirion says

** SEB will track its worst day since July 2024, if losses persist

 (Reporting by Gianluca Lo Nostro)

 ((gianluca.lonostro@thomsonreuters.com;))