Legal Proceedings Report • Dec 19, 2024
Legal Proceedings Report
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December 19, 2024 – 8:55 a.m., CET
1
Groupe SEB acknowledges the press release published by the French Competition Authority on December 19, 2024, with respect to an inquiry launched in October 2013, into France's domestic appliance manufacturing and distribution sector.
The French Competition Authority has penalized a number of domestic appliance manufacturers and distributors. The Authority imposed to Groupe SEB France and Groupe SEB Retailing a fine of € 189,5 million for allegedly imposing fixed selling prices to its distributors during the 2008- 2013 period. However, the Authority ruled out the existence of a horizontal agreement regarding statistical information that is shared through a trade association.
Groupe SEB has always acted in its customers' best interests and for the benefit of French consumers, in strict compliance with the regulations in force. Groupe SEB therefore categorically refutes the French Competition Authority's findings brought against the Group and denies all allegations that its practices have not complied comply with competition rules.
Groupe SEB will take note of the Authority's ruling and will lodge an appeal to the Paris Court of Appeals, confident in its ability to prove that the Authority's ruling has no legal or factual validity.
Groupe SEB reaffirms its strong commitment to strictly observing the law, and particularly competition laws.
| 23 January after market closes | Provisional sales 2024 |
|---|---|
| 27 February pre-market | 2024 Results |
| 24 April after market closes | Q1 2025 sales and financial data |
| 20 May 2:30 p.m. |
Annual General Meeting |
| 23 July after market closes | First-half 2025 sales and results |
| 23 October after market closes | 2025 Nine-month sales and financial data |
| Investor/Analyst Relations | Media Relations |
|---|---|
| Groupe SEB | Groupe SEB |
| Financial Communication and IR Dept | Corporate Communication Dept |
| Raphaël Hoffstetter | Cathy Pianon |
| Guillaume Baron | Florence Candianides |
| Marie Leroy | |
| [email protected] | [email protected] |
| Tel. +33 (0) 4 72 18 16 04 | Tel. + 33 (0) 6 33 13 02 00 |
| Tel. +33 (0) 6 88 20 98 60 | |
| Tel. + 33 (0) 6 76 98 87 53 | |
| Image Sept | |
| Caroline Simon | |
| Claire Doligez | |
| Isabelle Dunoyer de Segonzac | |
| [email protected] | |
| [email protected] | |
| [email protected] |
Find us on www.groupeseb.com
Phone +33 (0) 1 53 70 74 70
World reference in small domestic equipment and professional coffee machines, Groupe SEB operates with a unique portfolio of 40 top brands (including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor), marketed through multi-format retailing. Selling more than 400 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness, and client service. Present in over 150 countries, Groupe SEB generated sales €8 billion in 2023 and has more than 31,000 employees worldwide.
SEB SA
Investor/Analyst Relations
Financial Communication and IR Dept
Media Relations Groupe SEB
Cathy Pianon Anissa Djaadi Marie Leroy
Image Sept Caroline Simon Claire Doligez
Corporate Communication Dept
[email protected] Tel. + 33 (0) 6 33 13 02 00 Tel. + 33 (0) 6 88 20 90 88 Tel. + 33 (0) 6 76 98 87 53
Isabelle Dunoyer de Segonzac [email protected] [email protected] [email protected] Phone +33 (0) 1 53 70 74 70
Groupe SEB
Olivier Gernandt Guillaume Baron [email protected] Tel. +33 (0) 4 72 18 16 04
AIR'T I ALL-CLAD I AMBASSADE DE BOURGOGNE I ARNO I ASIAVINA I CALOR I CHARVET I CLOCK I CURTIS I DASH I EMSA I FORGE ADOUR I HEPP I IMUSA I KAISER I KRAMPOUZ I KRUPS I LACANCHE I LAGOSTINA I LA SAN MARCO I MAHARAJA WHITELINE I MIRRO I MOULINEX I OBH NORDIC A I OPEN'COOK I PACOJET I PANEX I ROCHEDO I ROWENTA I SAMURAI I SCHAERER I SEB I SILIT I SUPOR I T-FAL I TEFAL I UMCO I WEAREVER I WMF I ZUMMO
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