SEB Reports Stable Sales and Decline in Operating Results
SEB announced stable sales for the first nine months of 2025, with a turnover of EUR 5,664 million, and a decrease in operating activity result by 39.8%.
Financial Performance in Detail
According to SEB's press release, the turnover for the first nine months of the year amounted to EUR 5,664 million, showing stability in organic terms compared to 2024, despite a decline of 1.1% in reported figures. For the third quarter alone, the turnover was EUR 1,916 million, marking a decrease of 3.5% in reported figures and 1.2% at constant exchange rates and scope. The operating activity result (ROPA) reached EUR 267 million, showing a decrease of 39.8% compared to the previous year. SEB projects a ROPA of between EUR 550 and 600 million for the full year of 2025.
Strategic Plan for Profitable Growth
SEB has announced the launch of a strategic plan aimed at returning to profitable growth. This plan targets recurring savings of around EUR 200 million by 2027 and includes a reorganization to enhance the group's operational agility and efficiency. The group plans to increase its investments in innovation and digital technology to adapt its business model to market demands. These initiatives are expected to help SEB regain competitiveness and strengthen its capabilities in key segments.
Economic Environment and Regional Performance
In a complex economic environment, SEB's results for the first nine months reflect a negative impact from US tariffs and currency volatility. Sales in the EMEA region saw a slight increase, but the North American market suffered due to distributor caution amid tariff uncertainties. For 2025, SEB anticipates stable to slightly positive organic growth and plans to bolster its activities in promising segments and regions, particularly in Asia and Europe.
