Seb Sa · EURONEXT:SK
Seb Sa — Groupe SEB — 9M 2024 Earnings Presentation
32 slides from Seb Sa's earnings presentation, Oct 24, 2024
Slide 1: 9-Month 2024 Sales and Financial Data
GROUPE SEB Ecully | 24 October 2024 here www.groupeseb.com
Slide 2: Disclaimer
9-MONTH 2024 SALES AND FINA\ DISCLAIMER This presentation ma situation. Uses fore a or unforeseeab d The factors which could co Registration Document and markets authority. 2anoj2o24
Slide 3: 2anoj2o24
2anoj2o24
Slide 4: Q3 and 9-month sales and ORfA
SEB Q3 sales €1,985m 9-month sales €5,725m re ¥ +5.6% LFL vs 2023 +4.0% LFL vs 2023 } os Rak '- 9-month ORfA Q3 ORFA €444m €200m 414.2% vs 2023 -4.0% vs 2023
Slide 5: Sales
Slide 6: 9-month sales evolution
Ss SEB Sales (in € million) ee Organic growth Currency effect Scope +5.6% -3.0% +0.9% T 9M 2023 9M 2024
Slide 7: Good growth in Q3 on a demanding base
9-MONTH 2024 SALES AND FINANCIAL DATA ..with good level of growth in Q3 on a demanding base Sales (in € million) +77 il Organic growth Currency effect +4.0% -2.1% +3.4% Q3 2023 Q3 2024 24/2024
Slide 8: Currency effect by currency
20 . oe -20 -30 Q1:-€75m -40 Q2:-€52m 50 Q3:-€41m -60 COP PLN CHF GBP CLP CZK USD KRW UAH BRL JPY EGP RUB | -10 ARS CNY TRY Other SEB
Slide 9: Acceleration of growth in Consumer
9-MONTH 2024 SALES AND FINANCIALDATA Acceleration of growthin Consumer High comparison baserfor Professional sates €5,725m +3.5% reported +5.6% LFL €726m €4,999m +4.1% +3.4% -1.6% LFL +6.6% LFL €231m €1,753m -11.9% +5.8% 22.2% LFL +8.1% LFL 24noj2o24
Slide 10: Professional 9-month 2024
9-month 2024 €726m 10, +4.1% Professional Coffee Market driven by large deals but involving -1.6%.LFL a certain volatility quarter by quarter Exceptional comparison base due to large deals Organic growth of 43% in Q3 2023 (large deals in China and the US) Rollout of large deals more concentrated in
Slide 11: Consumer 9-month 2024
9-month 2024, €4,999m +3.4% +6.6% LFL Q3 2024 €1,754m +5.8% +8.1% LFlr Geopolitic & macroeconomic environment remains uncertain Small Domestic Equipment markets well oriented, driven by innovation Robust growth in Group sales since the start of the year (+6.6% LFL) Organic growth of 8% in Q3 (+7% ex
Slide 12: Consumer organic growth by quarter
9-MONTH 2024 SALES AND FINANCIAL DATA > Consumer Strengthening of the positive mome Sales organic growth by quarter Q3 2022 4.2022 Q12023 2.2023 Q3 2023 4.2023 Q12024 2.2024 Q3 2024 2anoj2o24
Slide 13: Organic growth in Consumer sales by region
North America +13.1% +5.6% H1-24 Q3-24 South America +29.1% 42.4% H1-24 Q3-24 Western Europe +12.6% +30.5% +15.8% China H1-24 0.0% Q3-24 “1.3% = Q3-24 area aq H1-24 Q3-24 Other Asian countries +3.5% Q3-24 Organic growth in Consumer sales
Slide 14: Consumer - EMEA
9-MONTH 2024 SALES AND FINANCIAL DATA Consumer —- EMEA Strong acceleration in We 9-month 2024 . . Western Europe: strong acceleration of +13% in Q3 €2,447 > Allmajor countries growing, including France and Germany, with notable performance in Southern Europe (Spain, Portugal and Italy) +7.2°% Rollou
Slide 15: Consumer - Americas
9-month 2024 €840m +8.1% +11.6% LFL North America 2a ii South America athe North America: growth acceleration in Q3 > Solid commercial performance in the US (new listings, restocking...) driven by all brands, in a declining market Continued expansion of our presence in Mexico, compensation for the r
Slide 16: Consumer - Asia
9-month 2024 €1,712m -3.5% -0.3% LFL China 1.9% Other Asian countries HE SEB China: continuation of the trends observed in H1 v Small Domestic Equipment market still muted > Continued market share gains across key categories, online and offline > Steady pace of product launches (woks, thermal mugs,
Slide 17: Consumer product lines
ES AND FINANCIAL DATA Consumer product lines 9M 2024 sales vs 9M 2023, LFL Electrical Cookware Personal Home cooking care care * Large Kitchen Appliances
Slide 18: ORfA & net financial debt
Slide 19: ORfA margin close to historic levels
9-MONTH 2024 SALES AND FINANCIAL DATA ORfA margin close to historic Operatin Result from Activity ORfA margin 2anoj2o24 9-month 2024 Q3 2024 €444m +14.2% vs 2023 €200m -4.0% vs 2023 7.8% +80 bps vs 2023 10.1% -80 bps vs 2023 Slight drop vs Q3 2023... ..reflecting an exceptional level of activity in
Slide 20: Net financial debt
as at 30/09/2023 > Inventories reflecting the seasonality of the business and continued “in-transit inventories” impact associated with Red Sea disruptions > Shares buy-back and M&A (Sofilac, partnership in Saudi Arabia over the last 12 months) > Debt reduction expected in Q4 in line with usual seas
Slide 21: Outlook 2024
Slide 22: Confirmation of our outlook for 2024
Slide 23: Appendices
Slide 24: Group sales 9-month
Group sales Professional Consumer 13% 87% €5,725m +5.6% LFL Consumer sales Other Asia 6% €4,999m +6.6% LFL South America 5% North America 12%
Slide 25: Group sales Q3
Group sales Professional Consumer 12% 88% €1,985m +4,0% LFL Consumer sales Other Asia 6% China 24% €1,754m +8.1% LFL South America 5% North America 14%
Slide 26: Q1 sales by region
9-MONTH 2024 SALES AND FINANCIAL DATA Ql sales by region Q12024 As reported Q12024 LFL 760 786 EMEA 43.4% +8.0% Western Europe 524 515 -1.8% -3.1% Other EMEA 236 271 414.9% 432.9% 212 246 +15.8% +14.0% 143 155 +8.8% +7.7% 69 90 +30.3% 427.1% ASIA 603 -5.8% +0.5% China -5.6% +0.5% Other Asian countri
Slide 27: Q2 sales by region
9-MONTH 2024 SALES AND FINANCIAL DATA Q2 sales by region Q2 2024 As reported Q2 2024 LFL 729 769 EMEA +5.5% +9.1% Western Europe 505 515 +2.0% +0.7% Other EMEA 224 254 413.4% 428.1% 246 e71 +10.2% +12.0% 172 45.3% 43.8% 74 +21.7% 431.0% ASIA -3.3% 0.6% China -2.6% -0.6% Other Asian countries -6.1% -
Slide 28: Q3 sales by region
9-MONTH 2024 SALES AND FINANCIAL DATA Q3 sales by region In€ million As reported Q3 2024 LFL EMEA 412.4% 413.6% Western Europe 533 600 412.7% 412.6% Other EMEA 261 291 411.8% +15.8% 320 +1.2% +9.8% 220 +9.2% 413.1% 100 -16.4% 42.4% ASIA 544 1.2% -0.8% China 431 -1.7% -1.9% Other Asian countries 3 +1
Slide 29: 9-month sales by region
9-MONTH 2024 SALES AND FINANCIAL DATA 9-month sales by region EMEA 2,282 2,447 +7.2% +10.3% +13.6% Western Europe 1,562 1,630 44.4% 43.5% 412.6% Other EMEA 720 816 +13.3% 425.2% +15.8% 778 840 +8.1% 411.6% +9.8% 535, 47.8% 48.7% +13.1% 243 48.5% 418.1% 42.4% ASIA 1,775 3.5% -0.3% -0.8% China 1,430 -
Slide 30: Glossary
9-MONTH SALES AND FINANCIAL DATA Glossary On a like-for-like basis (LFL)- Organic The amounts and growth rates at constant (or organic) exchange rates and consolidation scope ina given year compared with the previous year are calculated: > _ using the average exchange rates of the previous year for
Slide 31: Agenda and key dates
9-MONTH 2024 SALES AND FINANCIAL DATA Agenda Next key date - 2024 14:00 Key dates - 2025 after market closes before market opens after market closes 14:30 after market closes after market closes ESG Investor Day Provisional sales 2024 Annual results 2024 Q1 2025 sales and financial data Annual Gener
Slide 32: Contacts
9-MONTH 2024 SALES AND FINANCIAL DATA Contacts Analyst/Investor Relations Groupe SEB Financial Communication and Investor Relations Department Raphaél Hoffstetter Guillaume Baron rhoffstetter@groupeseb.com gbaron@groupeseb.com Tel.: +33 (0) 472 18 16 04 comfin@groupeseb.com www.groupeseb.com Media R