financial report and registration document 2011 - Groupe SEB
financial report and registration document 2011 - Groupe SEB
financial report and registration document 2011 - Groupe SEB
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
4 Commentary<br />
Commentary on the fi nancial year<br />
on the consolidated results<br />
Geographical breakdown of <strong>2011</strong> sales<br />
Asia/Pacific 21%* 23%<br />
Central Europe,<br />
CIS <strong>and</strong> other countries<br />
18%* 18%<br />
South America 9%* 11%<br />
*2010 figures<br />
<strong>2011</strong>/2010 sales growth<br />
In €M<br />
3,652<br />
2010<br />
+250<br />
Organic growth<br />
€ 3,963 M<br />
-26<br />
Currencies<br />
6.9% -0.7%<br />
+ 8.5%<br />
+87<br />
Asia Fan/<br />
Imusa<br />
2.3%<br />
3,963<br />
<strong>2011</strong><br />
19%* 18% France<br />
Other Western European<br />
22%* 20% countries<br />
11%* 10%<br />
North America<br />
Change in operating result from activity<br />
70 GROUPE <strong>SEB</strong> Financial Report <strong>and</strong> Registration Document <strong>2011</strong><br />
In €M<br />
355<br />
2009<br />
438<br />
2010<br />
453<br />
<strong>2011</strong><br />
Breakdown of operating result from activity<br />
In €M<br />
438 453<br />
2010<br />
+76<br />
Volume effect<br />
-32<br />
Price-mix effect<br />
-59<br />
Purchase price<br />
Rise in costs<br />
-1 +26<br />
Currency impact<br />
+5<br />
Acquisitions<br />
<strong>2011</strong>
Change language