SEB H1 FY26 operating loss turns to EUR 23.3 million; revenue stays at EUR 3.74 billion

• SEB SA posted a net loss of EUR 102.6 million for H1 2026, swinging from a net profit of EUR 21.6 million a year earlier.
• Revenue edged down 0.1% to EUR 3.74 billion, with Grand Public up 0.5% to EUR 3.27 billion, offset by Professional down 4.1% to EUR 476 million.
• ROPA rose 44% to EUR 171.9 million, lifting the operating margin to 4.6% from 3.2% for a 1.4 percentage-point improvement.
• Operating result turned to a loss of EUR 23.3 million, reflecting EUR 178 million of exceptional charges tied to the Rebond plan.
• Free cash flow turned positive at EUR 53 million from negative EUR 213 million; management reaffirmed expected full-year ROPA growth in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SEB SA published the original content used to generate this news brief via Business Wire (Ref. ID: 20260722499993) on July 22, 2026, and is solely responsible for the information contained therein.