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Tefal – Thermospot<br />
Lagostina – Domina<br />
Jamie Oliver – Cast iron range<br />
STRATEGY – IMAGINING THE FUTURE<br />
FRENCH SALES REGAIN GROUND<br />
Sales rose by 7% in France last year in a buoyant market where<br />
popular innovations were backed by strong advertising and lively<br />
point-of-sale promotion. The success of <strong>the</strong> Actifry gave an added<br />
boost to our fryer sales.<br />
Similarly, <strong>the</strong> ultra-quiet<br />
Silence Force vacuum<br />
cleaner attracted a great<br />
deal of attention. Products such as <strong>the</strong> BeerTender or <strong>the</strong> Dolce<br />
Gusto, stemming from our marketing partnerships, shaped new<br />
consumer tastes and were a big commercial success.<br />
REVIVED DEMAND IN WESTERN EUROPE<br />
Markets were well oriented in terms of both volume sales and<br />
pricing, with <strong>the</strong> exception of Britain where demand was very<br />
subdued and <strong>the</strong> retail industry faced unprecedented problems,<br />
though innovative products such as <strong>the</strong> Actifry and Quick Cup were<br />
well received.<br />
Trading was up in all o<strong>the</strong>r countries where <strong>the</strong> Group scored good<br />
performances in beverage and food-preparation, cookware<br />
(particularly Jamie Oliver ranges), electric fryers, haircare and<br />
linen care products – all this despite growing competitive pressure.<br />
Germany reaped <strong>the</strong> benefits of revived demand and upgraded<br />
ranges. The Group has always resisted involvement in <strong>the</strong><br />
price-wars waged in this market by retailers, abetted by our<br />
competitors. This strategy has paid off as our business is now<br />
reporting renewed growth and profitability.<br />
In Scandinavia economic<br />
indicators are also<br />
positive and <strong>the</strong> retail<br />
industry is taking full<br />
advantage of this.<br />
Our centralized organization gives us a global view of <strong>the</strong> market,<br />
so that <strong>the</strong> Group can adapt its offer and maintain a steady pace<br />
of growth.<br />
41<br />
12 factories.<br />
3 logistics platforms.<br />
2 factories in Germany and Italy.<br />
17 marketing companies.<br />
1 logistics platform.