Seb Sa · EURONEXT:SK
Seb Sa — Groupe SEB — Investor Day (December 2023)
71 slides from Seb Sa's investor day presentation, Dec 14, 2023
Slide 1: Groupe SEB, Definitely Life-Centric
Capital Markets Day GROUPE SEB, DEFINITELY LIFE-CENTRIC Cyril Buxtorf SENIOR EVP PRODUCTS & INNOVATION DECEMBER 14, 2023 14/12/2023 1
Slide 2: We make consumers' everyday life easier and more enjoyable
We make consumers’ everyday life easier and more enjoyable We contribute to better living all around the world 14/12/2023 2
Slide 3: How does Groupe SEB make a difference?
DEFINITELY LIFE-CENTRIC HOW DOES GROUPE SEB MAKE A DIFFERENCE? 14/12/2023 3
Slide 4: Our innovation engine
DEFINITELY LIFE-CENTRIC A ROBUST PROCESS… Our innovation …BASED ON A CONSIDERABLE FIREPOWER… engine …RELENTLESSLY IMPLEMENTED IN 50 PRODUCT CATEGORIES AND 150 MARKETS A LONG-STANDING COMMITMENT TO IMPROVE AND REINVENT CONSUMERS’ DAILY LIVES 14/12/2023 4
Slide 5: Our innovation engine
DEFINITELY LIFE-CENTRIC A ROBUST PROCESS… Understand consumer Leverage technologies Drive innovation and Build a trends and insights as enablers product development comprehensive line-up Our innovation engine 14/12/2023 5
Slide 6: Understand: consumer trends and insights
DEFINITELY LIFE-CENTRIC UNDERSTAND CONSUMER TRENDS AND INSIGHTS 14/12/2023 6
Slide 7: Decoding the main social and societal changes
DEFINITELY LIFE-CENTRIC 1 Decoding Demographic Health, Home Consume less the main social changes dietetics cooking but better and societal Protect Quest Collaborative Search for changes… the planet for meaning economy convenience and life quality 14/12/2023 7
Slide 8: … and new lifestyles…
DEFINITELY LIFE-CENTRIC … and new lifestyles… 14/12/2023 8
Slide 9: … allow us to define our main innovation domains
DEFINITELY LIFE-CENTRIC … allow us to define our main innovation domains Easy life Healthy lifestyle & changing Self - Engaging Committed for the planet @home eating habits accomplishment experiences @home 14/12/2023 9
Slide 10: We leverage in-depth knowledge of cultural differences
DEFINITELY LIFE-CENTRIC We leverage in-depth knowledge of cultural differences and cooking habits 3 examples Rice Cooking Ironing 14/12/2023 10
Slide 11: Rice: a staple food with countless cooking and eating habits
DEFINITELY LIFE-CENTRIC 3.5bn people eating rice everyday worldwide Rice: a staple food with countless More than 2,000 rice varieties grown globally cooking and eating habits… Tens of ways to cook and eat rice 14/12/2023 11
Slide 12: … for which we have developed a comprehensive food science expertise
DEFINITELY LIFE-CENTRIC … for which we have At Groupe SEB, we use 9 macro-types of rice for testing developed a comprehensive “food science” expertise Cooking temperature curve Blind tasting Physicochemical tests 14/12/2023 12
Slide 13: So many cooking habits
DEFINITELY LIFE-CENTRIC So many cooking habits 14/12/2023 13
Slide 14: So many cooking habits
DEFINITELY LIFE-CENTRIC So many cooking habits 14/12/2023 14
Slide 15: Various ironing habits
DEFINITELY LIFE-CENTRIC Various ironing habits 14/12/2023 15
Slide 16: Leverage: technologies as enablers
DEFINITELY LIFE-CENTRIC LEVERAGE TECHNOLOGIES AS ENABLERS 14/12/2023 16
Slide 17: Automation, Connectivity, Engineering, Materials, Food science
DEFINITELY LIFE-CENTRIC Automation Connectivity Engineering Materials Food science 14/12/2023 17
Slide 18: Drive: innovation and product development
DEFINITELY LIFE-CENTRIC DRIVE INNOVATION AND PRODUCT DEVELOPMENT 14/12/2023 18
Slide 19: Developing the right innovative solutions
DEFINITELY LIFE-CENTRIC Developing the right innovative solutions 14/12/2023 19
Slide 20: Examples
DEFINITELY LIFE-CENTRIC COOKEO RICE COOKER X-FORCE FLEX 1560 Examples 14/12/2023 20
Slide 21: Consumer insight
DEFINITELY LIFE-CENTRIC “What do we eat today ? I’d like to cook delicious Consumer and balanced meals for my insight family, but I have no inspiration and little time.” 14/12/2023 21
Slide 22: Cookeo technologies
DEFINITELY LIFE-CENTRIC Cookeo technologies Inspiration Healthy cooking Fast cooking An infinity of step-by-step recipes Vitamine preservation Full delegation with pressure system on touch screen & air frying Automatic cooking Up to 6 times faster 14/12/2023 22
Slide 23: Cookeo experience
DEFINITELY LIFE-CENTRIC Cookeo experience Healthy and tasty meals on your table in no time! 4.7/5 3.5 times Online in FR Used a week +23,000 5m Cookeo Recipes worldwide sold since 2012 14/12/2023 23
Slide 24: Rice cooking around the globe
DEFINITELY LIFE-CENTRIC Rice cooking around the globe: “I want the exact cooking result for my choice and taste” 14/12/2023 24
Slide 25: Fluffy and tasty rice served by technological know-how
DEFINITELY LIFE-CENTRIC Fluffy and tasty rice served by technological know-how Spherical Pot Smart Technology 7-step cooking process monitoring Optimal heat diffusion for evenly cooked rice + 14/12/2023 25
Slide 26: Rice blooming evenly without cracking
DEFINITELY LIFE-CENTRIC Rice blooming evenly without cracking. Rice Cooker sales p.a. Each grain white ~15m units and shiny. ~€400m 14/12/2023 26
Slide 27: X-Force Flex 15.60
DEFINITELY LIFE-CENTRIC X - FORCE FLEX 15.60 14/12/2023 27
Slide 28: Build: a comprehensive line-up
DEFINITELY LIFE-CENTRIC BUILD A COMPREHENSIVE LINE-UP 14/12/2023 28
Slide 29: A well-structured product offering
DEFINITELY LIFE-CENTRIC Sharp design of A well-structured Broad coverage of price product offering, targeting each product offering bands with meaningful consumer benefits at consumer profile and lifestyle each price point ▪ Ingenuity / Incremental innovation / Disruptive concept ▪ Offer on Good-Bet
Slide 30: From a breakthrough innovation…
DEFINITELY LIFE-CENTRIC From a breakthrough innovation… 12 automatic programs 8.5 million units sold since launch 14/12/2023 30
Slide 31: … to a comprehensive line-up
DEFINITELY LIFE-CENTRIC 299.99€* OptiGrill 4in1 Intelligent Grill Barbecue Oven Full Meal … to a 279.99€* OptiGrill Elite XL Intelligent Grill Extra Large comprehensive 169.99€* line-up OptiGrill Original Intelligent Grill 99.99€* Ultracompact Barbecue Browning 4,7/5 69.99€* (Amazon ratings) Inicio
Slide 32: Addressing different consumer profiles and needs
DEFINITELY LIFE-CENTRIC Cookware EASY PERFORMANT RESPONSIBLE & SMART & INSPIRING COOKING Addressing COOKING COOKING different “Beginners” “Traditional experts” “Cooking lovers” “Healthy consumer Delegators” “Dutiful” “Status seekers” profiles and needs with adapted offers 14/12/2023 32
Slide 33: Addressing different tastes and habits
DEFINITELY LIFE-CENTRIC Coffee makers Different tastes and ways to prepare coffee Addressing Different times of the day different tastes and Alone or shared habits Design Possible double equipment 14/12/2023 33
Slide 34: Our innovation engine
DEFINITELY LIFE-CENTRIC A ROBUST PROCESS… Our innovation …BASED ON A CONSIDERABLE FIREPOWER… engine Strong innovation expertise Mastering state-of-the-art manufacturing Cross-fertilization within the Group 14/12/2023 34
Slide 35: Strong innovation expertise
DEFINITELY LIFE-CENTRIC STRONG INNOVATION EXPERTISE 14/12/2023 35
Slide 36: 165 years of innovation materializing today
DEFINITELY LIFE-CENTRIC ~3,000 ~€300m >50 people 165 years of Innovation Community invested in Innovation product categories innovation materializing >10,000 today in… active patents >20,000 (Western) active Chinese >500 utilization patents filed in 2022 14/12/2023 36
Slide 37: A global multidisciplinary Innovation Center with regional hubs
DEFINITELY LIFE-CENTRIC A global multidisciplinary Innovation Center with regional 6 global centers of excellence hubs Regional hubs: Germany, US, China, Colombia, Brazil 14/12/2023 37
Slide 38: 6 global centers of excellence (1/2)
DEFINITELY LIFE-CENTRIC 6 global centers of excellence (1/2) Consumer Insights Food science Electronic, energy & motors ▪ Anthropologists ▪ Food science PhD ▪ Electronic experts ▪ Ethno-digital experts ▪ Testing & user experience ▪ Energy & motor simulation capabilities engineers ▪ UX designers & en
Slide 39: 6 global centers of excellence (2/2)
DEFINITELY LIFE-CENTRIC 6 global centers of excellence (2/2) Engineering Materials Intellectual property ▪ Data scientists ▪ Metal coating ▪ Patent engineers & engineering experts ▪ Metal transformation ▪ Lawyers ▪ Robotics processes ▪ IoT ecosystems, Apps, ▪ High performance plastics SEM: Scanning
Slide 40: Examples of applications
DEFINITELY LIFE-CENTRIC Examples of Metal crafting Aerolic Enameling process applications 14/12/2023 40
Slide 41: Key innovation resources
DEFINITELY LIFE-CENTRIC SEB Lab 13,000 Creativity AUUM Key members & materialization The latest investment innovation resources 14/12/2023 41
Slide 42: Mastering state-of-the-art manufacturing
DEFINITELY LIFE-CENTRIC MASTERING STATE-OF-THE-ART MANUFACTURING 14/12/2023 42
Slide 43: Cross-fertilization within the Group
DEFINITELY LIFE-CENTRIC CROSS-FERTILIZATION WITHIN THE GROUP 14/12/2023 43
Slide 44: What do cookware and irons have in common?
DEFINITELY LIFE-CENTRIC What do cookware and irons have in Glide common? 14/12/2023 44
Slide 45: Thermospot High-performance coatings
DEFINITELY LIFE-CENTRIC Thermospot High-performance coatings 14/12/2023 45
Slide 46: Definitely Life-Centric
DEFINITELY LIFE-CENTRIC 14/12/2023 46
Slide 47: What do vacuum cleaners and fans have in common?
DEFINITELY LIFE-CENTRIC What do vacuum Silence cleaners and fans have in common? 14/12/2023 47
Slide 48: Geographical roll-out of the Turbo Silence concept
DEFINITELY LIFE-CENTRIC Geographical roll-out of the Turbo Silence concept 14/12/2023 48
Slide 49: Our innovation engine
DEFINITELY LIFE-CENTRIC A ROBUST PROCESS… Our innovation …BASED ON A CONSIDERABLE FIREPOWER… engine …RELENTLESSLY IMPLEMENTED IN 50 PRODUCT CATEGORIES AND 150 MARKETS 14/12/2023 49
Slide 50: Relentlessly implemented in categories…
DEFINITELY LIFE-CENTRIC RELENTLESSLY IMPLEMENTED IN 50 CATEGORIES… 14/12/2023 50
Slide 51: Cookware
DEFINITELY LIFE-CENTRIC COOKWARE Renew Tefal NON-STICK CERAMIC MADE IN FRANCE 14/12/2023 51
Slide 52: Electrical cooking
DEFINITELY LIFE-CENTRIC ELECTRICAL Dual Easy Fry & Grill Tefal COOKING 14/12/2023 52
Slide 53: Food preparation
DEFINITELY LIFE-CENTRIC FOOD I-Coach Touch Moulinex PREPARATION 14/12/2023 53
Slide 54: Beverage
DEFINITELY LIFE-CENTRIC BEVERAGE Sensation Krups 14/12/2023 54
Slide 55: Linen care
DEFINITELY LIFE-CENTRIC LINEN Ultimate Power pro CARE THE POWER OF A STEAM STATION* SMART TECHNOLOGY ANTI-STAIN PROTECTION 14/12/2023 55
Slide 56: Linen care
DEFINITELY LIFE-CENTRIC LINEN Pure pop CARE EFFICIENT GARMENT CARE REMOVE HAIR AND LINT 14/12/2023 56
Slide 57: Home cleaning
DEFINITELY LIFE-CENTRIC HOME X-PLORER 240AI+ CLEANING HIGH CLEANING EFFICIENCY IN-DEPTH CLEANING IN EDGES ULTIMATE MOPPING PERFORMANCE 14/12/2023 57
Slide 58: Home comfort
DEFINITELY LIFE-CENTRIC HOME Eclipse 3IN1 Rowenta COMFORT 3IN1 ACTION PURE AIR ALL YEAR LONG 14/12/2023 58
Slide 59: Relentlessly implemented… in countries
DEFINITELY LIFE-CENTRIC RELENTLESSLY IMPLEMENTED … IN 150 COUNTRIES 14/12/2023 59
Slide 60: Blenders: a global category with local consumer habits
DEFINITELY LIFE-CENTRIC Blenders: a global category with local consumers habits 14/12/2023 60
Slide 61: Leading positions in blending
DEFINITELY LIFE-CENTRIC Leading positions in blending Creating healthy moments all over the world 14/12/2023 61
Slide 62: In 2023 €2.5bn sales achieved with products launched since 2021
DEFINITELY LIFE-CENTRIC In 2023 €2.5bn sales achieved with products launched since 2021 14/12/2023 62
Slide 63: Our innovation engine
DEFINITELY LIFE-CENTRIC A ROBUST PROCESS… Our innovation …BASED ON A CONSIDERABLE FIREPOWER… engine …RELENTLESSLY IMPLEMENTED IN 50 PRODUCT CATEGORIES AND 150 MARKETS A LONG-STANDING COMMITMENT TO IMPROVE AND REINVENT CONSUMERS’ DAILY LIVES 14/12/2023 63
Slide 64: Reinvent consumers' daily lives
DEFINITELY LIFE-CENTRIC REINVENT CONSUMERS’ DAILY LIVES 14/12/2023 64
Slide 65: Sagas for several generations
DEFINITELY LIFE-CENTRIC 14/12/2023 SAGAS for several generations 65
Slide 66: A great story in linen care, made of constant progress
DEFINITELY LIFE-CENTRIC A great story in linen care, made of constant progress 1917 1952 1980 1990 1991 2012 2012 2016 2018 2022 2023 Calor, first Calor, first Laser Anti calc The first Handheld Freemove Tweeny Ixeo Care Pure pop European European treated cartridge steam gen garment for you electric
Slide 67: The iconic Cocotte-minute
DEFINITELY LIFE-CENTRIC THE ICONIC Cocotte- minute 1953 14/12/2023 67
Slide 68: …constantly renewed…
DEFINITELY LIFE-CENTRIC …constantly renewed… 14/12/2023 68
Slide 69: … complemented by Electric Pressure Cookers
DEFINITELY LIFE-CENTRIC … complemented by Electric Pressure Cookers 14/12/2023 69
Slide 70: Definitely life-centric!
DEFINITELY LIFE-CENTRIC! This is how we make a difference 14/12/2023 70
Slide 71: Disclaimer
DEFINITELY LIFE-CENTRIC DISCLAIMER Some of the statements contained in this document may be forward- looking statements concerning Groupe SEB's financial position, results, businesses, strategy or projects. Groupe SEB considers that such statements are based on reasonable assumptions but cannot and