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2016 was a great year for Groupe SEB.

It ended with record performances: we reached the €5 billion mark in sales, exceeded €500 million in Operating Result from Activity and €250 million in net profit. We generated over €450 million in operating cashflow.

2016 was also a year of strategic and transforming acquisitions. WMF enables us to become the world leader in the high-potential and profitable market of professional coffee machines, significantly strengthens our positions in Germany, and reinforces our global leadership in small domestic equipment. Combined with EMSA, WMF also gives us critical mass in the world market of kitchen tools and accessories.