Groupe SEB Q1 Profit +42%, Shares +5.6%

Shares of French appliance maker Groupe SEB surged 5.6% after Q1 results beat expectations.
Organic sales grew 2.7% YoY, surpassing the 1.9% consensus estimate.
Operating profit jumped 42% to €72 million ($84.07 million), ahead of the €64 million forecast.
Management reaffirmed FY2026 guidance targeting higher operating profit, normalized free cash flow and lower financial leverage.