March 29, 2023 11:42 pm

ECULLY, France, March 15, 2023–(Company WIRE)–Regulatory News:

As Groupe SEB’s (Paris:SK) electronics improvement center, the Saint-Lô plant is adding a new production line and diversifying its know-how. The industrial internet site, which employs about one hundred folks, now manufactures even additional complicated electronic cards for the qualified coffee machines of the premium brand WMF.

60,000 elements per hour… That is the speed of the new SMD (Surface Mounted Element) production line at Groupe SEB’s Saint-Lô plant. This new line is utilised to assemble complicated electronic cards for WMF qualified coffee machines. The 1.two-million-euro investment was supported by the Normandy Area, counting for 25% of the total investment.

A future-oriented industrial internet site

The Saint-Lô internet site at present produces practically five million electronic cards per year, corresponding to ten to 15% of Groupe SEB’s requirements. These cards are mostly destined for French production web sites. Amongst the finish of 2023 and 2024, in order to safe the provide chain, a relocation of element of the European and Chinese production is planned and will improve production up to 7 million electronic cards per year.

The Saint-Lô internet site also specializes in man-machine interfaces, specifically for merchandise especially created for buyers such as the Companion from Moulinex or the Perfection automatic coffee machine from WMF. The Group is now also contemplating creating these interfaces at Saint-Lô for the qualified coffee sector.

About the Saint-Lô internet site:

Produced in 1971, the Saint-Lô internet site specializes in the manufacturing of electronic cards for Groupe SEB. In 2001, the Group purchased Moulinex-Krups and integrated the internet site. In 2011, Saint-Lô became the Groupe SEB Electronic Improvement Center. The teams carry out the design and style, industrialization, and production of higher worth-added electronic cards for all Groupe SEB production web sites. In 2021, practically five million electronic cards had been manufactured. Comprising a design and style workplace and a factory, the Saint-Lô internet site is a dynamic regional player in terms of education and recruitment. In total, the internet site employs practically one hundred folks, which includes 23 folks in the design and style workplace.

Story continues

Subsequent important dates – 2023

April 28 | prior to market place

Q1 2023 sales and monetary information

May possibly 17 | two:30 p.m. (Paris time)

Annual Basic Meeting

July 26 | following market place

H1 2023 sales and outcomes

October 26 | following market place

9-month 2023 sales and monetary information

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Globe reference in little domestic gear, Groupe SEB operates with a distinctive portfolio of 33 leading brands which includes Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, marketed via multi-format retailing. Promoting additional than 400 million merchandise a year, it deploys a extended-term approach focused on innovation, international improvement, competitiveness, and client service. Present in more than 150 nations, Groupe SEB generated sales close to €8 billion in 2022 and has additional than 33,000 staff worldwide.

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