SEB names Loïc Moutault CEO. SEB stock falls 1.86 percent

Published on 10/05/2026 at 12:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half sales reached EUR 3.74 billion, up 1.70 percent like for like. SEB stock costs EUR 52.73 on October 5, 2026 after EUR 53.73.

Dokumentarische Schwarzweiß-Aufnahme einer Haushaltsgeräte-Fertigungslinie — Schwarzweiß-Reportage zeigt Fabrikarbeiter bei Groupe SEB (FR0000121709), Hersteller von Pfannen und Wasserkochern, Illustration mit AI erstellt.

SEB stock was trading at EUR 52.73 at Lang & Schwarz on October 5, 2026 at 12:12 p.m. CEST, down 1.86 percent versus the prior close of EUR 53.73. Business Wire reported on September 15, 2026 that SEB appointed Loïc Moutault as chief executive officer effective October 1, 2026.

Leadership changes on October 1

Moutault succeeded Stanislas de Gramont, while Thierry de La Tour d'Artaise remained chairman. The company said the Rebound plan remains its strategic roadmap, linking the leadership transition to the operational recovery already under way.

The appointment gives SEB a new executive at a measurable point in the turnaround. In the first half of 2026, the group reported Operating Result from Activity of EUR 172.0 million, up 44.00 percent from the comparable period, according to Groupe SEB on July 22, 2026.

Half-year recovery has numbers

First-half 2026 sales reached EUR 3.743 billion, up 1.70 percent on a like-for-like basis and stable on a reported basis. Free cash flow was EUR 53.0 million, compared with negative EUR 213.0 million in the first half of 2025, a EUR 266.0 million improvement.

The combination matters because the recovery is not limited to sales growth. Groupe SEB also confirmed its 2026 outlook for full-year Operating Result from Activity growth, while the cash-flow comparison shows the Rebound plan beginning to affect financial conversion.

Stock sits below yearly high

SEB's market capitalization was EUR 2.9 billion as of October 5, 2026, and the 52-week range was EUR 40.84 to EUR 62.10. At EUR 52.73, the stock stood 15.09 percent below the 52-week high, leaving the leadership change and the October operating update as the next tests for the recovery narrative.

Groupe SEB lists October 22, 2026 for its nine-month 2026 sales and financial data. The date follows the October 7 to October 22 quiet period shown on the company's financial calendar.

The further course of trading is shown by the continuously updated real-time quote of SEB stock.