Financial Report and Registration Document 2010 - Groupe Seb

GROUPE SEB IN 2010
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GROUPE SEB
IN 2010
MILESTONES IN THE HISTORY OF THE GROUP 4
External growth: a dynamic acquisition strategy 4
Organic growth:
innovation and international expansion 5
BUSINESS SECTORS 6
Separate and complementary business models 7
Multiple forms of competition 7
GROUP STRATEGY 8
A long term strategy 8
INDUSTRIAL STRATEGY 9
Research & Development 10
Partnerships 10
Purchasing 10
MANAGEMENT REPORT ON 2010 11
2010 Highlights 11
Comments on 2010 sales 13
Comments on 2010 results 15
OUTLOOK FOR 2011 18
RISK MANAGEMENT 19
Risks inherent to operations 19
Dependency risks 22
Legal risks 23
Financial market risks 23
Sensitivity analysis 24
Insurance 24
Exceptional events and litigation 25
SOCIAL PERFORMANCE INDICATORS 26
Payroll and charges 26
Breakdown of employees by geographical zone 26
Breakdown of employees by category 27
Breakdown of changes in staffing 27
Breakdown of employees by type of contract 27
Persons with disabilities 28
Absenteeism 28
Breakdown by gender and category 28
Collective agreements 29
External labour 29
Paid overtime 29
Workplace safety: frequency and severity 29
Training (staff and training hours) 30
Training budget 30
Groupe SEB academy training 30
Bonuses and profit sharing 31
ENVIRONMENT PERFORMANCE INDICATORS 32
Energy consumption 32
Greenhouse gas emissions 32
Waste 33
ISO certification 33
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GROUPE SEB FINANCIAL REPORT AND REGISTRATION DOCUMENT 2010
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