- SEB’s fourth-quarter like-for-like sales increased by 3.6%, slightly missing the estimate of 3.61%.
- Overall sales reached EUR 2.54 billion, representing a 2.7% increase year-on-year, but fell short of the EUR 2.57 billion estimate.
- In the EMEA region, revenue was EUR 1.29 billion, marking an 8% increase year-on-year and meeting the market estimate.
- The Americas reported a revenue of EUR 329 million, a decline of 1.8% year-on-year, missing the estimated EUR 342.2 million.
- Asian revenue was EUR 676 million, down by 0.9% year-on-year, below the expected EUR 683.4 million.
- The company forecasts a 2024 operating result from activity to increase by about 10%.
- SEB expects the operating result from activity margin to be around 10%, which is above the 9.74% estimate.
- There are 12 buy recommendations, 1 hold, and no sell recommendations for SEB.
A look at SEB SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts evaluating SEB SA‘s long-term outlook using Smartkarma Smart Scores have highlighted a promising future for the company. With above-average scores in Growth and Momentum, SEB SA appears well-positioned for expansion and market performance. Additionally, its solid scores in Value, Dividend, and Resilience indicate a well-rounded performance across various key factors, setting a foundation for sustained success in the competitive household appliances sector.
SEB S.A., a manufacturer of small household appliances with a global reach, has garnered respectable ratings in key areas such as Value, Dividend, Growth, Resilience, and Momentum. These scores reflect the company’s potential for robust growth, steady performance, and market resilience. As SEB SA continues to innovate and cater to consumer needs in the cookware, kitchen appliances, and personal care segments, investors may find the company’s overall outlook appealing for long-term investment considerations.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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