SEB SA (XPAR:SK)

€ 113.4 -0.3 (-0.26%) Market Cap: 6.16 Bil Enterprise Value: 7.92 Bil PE Ratio: 16.27 PB Ratio: 1.95 GF Score: 88/100

Full Year 2020 SEB SA Earnings Call Transcript

Feb 25, 2021 / 01:30PM GMT

Release Date Price: €139 (-3.78%)

Transcript

Thierry de La Tour d;Artaise

SEB SA - Chairman & CEO

' -

Hello, ladies and gentlemen, and welcome to this presentation of our 2020 full year results for the SEB Group. As usual, I'm going to make this presentation with Stanislas De Gramont and Nathalie Lomon, who is the DG in charge of finance.

Today, we are going to talk about our accounts for 2020. After a brief introduction, we'll be talking about the figures themselves and our businesses, particularly in terms of sales worldwide, and then we'll be talking about the projects that we have been running for the last year with Stanislas. And a few words of conclusion before we take your questions. And I hope that there will be many questions.

Let's start right away with 2020, which obviously was a very particular year. The key word being COVID. COVID-19, this health crisis, economic crisis without precedent, which has had, of course, major impacts on health throughout the world, but also impact on distribution with a major change in -- to online distribution and also in terms of consumption, consumption that held up on

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