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Annual Report Sustainable Development Report ... - Groupe SEB

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&<br />

Plurality<br />

Proximity<br />

The 2005 trading year confirmed more than ever that its international dynamic is a key<br />

growth driver for <strong>Groupe</strong> <strong>SEB</strong>. This global deployment, begun almost 30 years ago,<br />

has given us a solid grounding for our constant drive<br />

to reinforce existing positions and conquer new markets.<br />

Europe, and in particular France, is the historical home<br />

of <strong>Groupe</strong> <strong>SEB</strong>. In today's Europe, we market five international<br />

brands: Krups, Rowenta, Tefal, Moulinex and Lagostina, and<br />

two regional brands, Calor and Seb. Most European countries<br />

are mature markets and, apart from breakthrough inventions,<br />

the Group's European business relies heavily on the product<br />

replacement cycle.<br />

|14<br />

your world is<br />

manifold<br />

Europe, <strong>Groupe</strong> <strong>SEB</strong>'s domestic market<br />

Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Greece, Ireland, Italy, The Netherlands,<br />

Norway, Portugal, Spain, Sweden<br />

• 12 factories (10 in France, 1 in Germany, 1 in Italy)<br />

• 22 marketing companies.<br />

In 2005, the Group's trading in Europe faced a difficult<br />

context marked by slow consumer demand and rising<br />

competition from low-priced entry-level articles promoted<br />

by discount chains and certain hypermarkets. This led to<br />

downward pressure on prices in virtually all European countries.

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