De Longhi financial

The Board of Directors of De’ Longhi SpA approved today the consolidated results of the first
quarter of 2022: We are very satisfied with the results of this first quarter, even more significant in light of the difficult comparison with last year. Our group is responding with determination to the numerous challenges posed by a complex and evolving macroeconomic and geopolitical scenario, however, we remain convinced that the strategy of focusing on the core categories, of geographical development and of constant investment in products and our brands, remains the winning strategy for the creation of value in the long term” commented CEO, Massimo Garavaglia.

revenues up 8.4% to € 735.5 million (+ 5.5% on a like-for-like basis1); an adjusted2 Ebitda of € 100.1 million, equal to 13.6% of revenues, comparing with 18.9%
of Q1-2021 (but improving vs. the 10.7% of 2020);
an Ebit of € 69.1 million, equal to 9.4% of revenues compared to 14.9% of the previous
year 3;
a net profit of € 50.6 million, equal to 6.9% of revenues;
a positive net financial position of € 274.6 million, resulting from the contribution of the
12 months free cash flow (before dividends and acquisitions) of € 170.7 million.

Morphy Richards has unveiled a new brand identity and purpose called “Happiness Engineered”

British small appliance brand Morphy Richards has unveiled a new brand identity and purpose called “Happiness Engineered”.  The new branding includes technical product drawings balanced with creative visuals and illustrations.

The small domestic appliance brand said this redesign was born from a need to clarify the brand’s purpose, as it sought to build a customer-centric organisation with products inspired by insights about things that would make home life happier for consumers.

The company added it is focusing on balancing the technical and creative roots of the business, as a nod to the personalities of Morphy Richards’s founders.

Morphy Richards has unveiled a new brand identity, Happiness Engineered

Richard Ingham, Market Director at Morphy Richards, commented on the change: “Morphy Richards is a household name, something we’re extremely proud of. However, we felt the brand purpose required updating to create clarity and make it more distinctive for consumers.

“We therefore chose to reconnect the brand with its founders in a modern and relevant way to appeal to customers and provide an offering for retailers that stands out from the crowd.

“We work hard to create products built to last that bring authentic, thoughtful, well-made simplicity to life — and make a tangible difference to consumers every day — and now have a brand identity that proudly communicates that.”

CDA @KBB

CDA will be showing a range of home appliances at the KBB Show 2022, which takes place from 6 to 9 March at the NEC Birmingham.

Highlights include four entry-level dishwasher models in both 60 and 45cm sizes, two mid-level and one 60cm top-of-the-range model

New built-in coffee machine that delivers barista-style coffee ☕

Built-in ovens, extractors plus wine coolers.

WMF German pro coffee experts coffee machine for the consumer business.

Since 1927, WMF has been producing premium coffee machines for the hotel and restaurant industry, and now, in a major announcement, the company has declared it is launching a fully automatic coffee machine for the consumer business.  

“The World of Coffee” includes a whole range of products relating to coffee enjoyment. An outstanding component is the first WMF Perfection 800 coffee machine series. With almost 100 years background in the industry, the high-end German manufacturer is aware that brewing and enjoying a cup of coffee is one of the most sensual things a person can experience. The new fully automatic coffee machines therefore provide a coffee pleasure for all the senses – touch, taste, sight, smell and sound – appeal to all coffee lovers who are seeking this “sensorial” enjoyment at the highest level.The WMF Perfection 800 offers perfect customisation when it comes to “feeling”: Through up to 18 pre-set beverage options, up to 16 customisable user profiles and other variable adjustment options can be adjusted to the individual coffee feeling in the most comprehensive way. 

Depending on the machine, users can choose from espresso, ristretto, lungo, cafe cream, double espresso, Americano, breakfast coffee, cappuccino, latte macchiato, cafe latte, flat white, milk coffee, espresso macchiato, recipes for ground coffee, frothed milk, hot milk, hot water and tea (black tea, white tea and green tea). 

The new WMF Perfection 800 meets every user’s personal taste with its extensive customisation options in terms of aroma strength, grinding degree (5 levels), and water quantity. The coffee enjoyment experience is rounded off by intuitive operation via a high-resolution TFT touchscreen.

Innovation you can taste…

With its innovative technology, the WMF Perfection 800 delivers an outstanding taste experience: the unique WMF double thermoblock technology enables an outstanding coffee quality – in this technology, the second thermoblock is optimised for heating milk and tea. This ensures excellent temperature accuracy, an optimal distribution of the heated water and perfect milk foam. The milk system is automatically self-cleaning and thus ensures reliable hygiene – cup by cup, day by day.

The outstanding result of the new fully automatic coffee machine can not only be tasted -the impressive aroma can also be smelt: The WMF Aroma Perfection System provides an olfactory experience that makes one want to enjoy coffee. In this system, the thermoblock and the brewing unit are combined, which ensures that the brewing process starts directly with heated water without heat loss. 

a patented process, the optimum amount of coffee is ground and pressed into the brewing chamber under high pressure. In the first stage, the ground coffee is pre-cooked with a little water. Then the brewing process is carried out with hot water, in which the coffee flows – wonderfully fragrant – into the cup.

Pleasure begins for WMF even before the first sip – pleasure that one can see: The extraordinary design of the new WMF Perfection 800 is immediately eye-catching: The coffee machine impresses with its high-quality WMF design in Cromargan with anti-fingerprint, which is perfectly staged through a modern illumination by the LED ambient light.

Quality you can hear…

To create a holistic coffee experience, the ears are also pampered with harmonious sound engineering. The WMF Perfection coffee machine has additional damper technology on the pump. The solid honeycomb structure of the inner construction ensures less vibration. The double-layer sandwich housing made of plastic frames inside and Cromargan cladding on the outside, which is connected to a damping material, completes the optimal sound – not too loud, not too quiet, but simply perfect.

Three machines for a world of sensations…

The launch of the new WMF fully automatic coffee machines takes place as a series with three devices: The WMF Perfection 800 is available in the following versions: WMF Perfection 840L, WMF Perfection 860L and WMF Perfection 890L.

The machines differ in terms of the user profiles that can be stored and the customisation options that can be set. The tea 
specialities and the premium glass milk container are only available from the 860 versions. The top model 890L is also delivered exclusively with a matt black stainless steel housing.

Key Selling Points:Superior coffee quality thanks to unique WMF double thermoblock technology;Impressive aroma thanks to WMF Aroma Perfection System;Perfect customisation with up to 18 pre-set beverage options & up to 16 customisable user profiles for up to 8 beverage favourites.


The WMF Perfection 800 fully automatic coffee machine series will be available from April 2022.

RRP:

WMF Perfection 840L: €1,599;WMF Perfection 860L: €1,799;WMF Perfection 890L: €1,999.

Jura launches Z10 – a new coffee machine for hot and cold brews

Swiss premium coffee machine manufacturer, Jura, has launched the Z10 which can be used to prepare “the full spectrum of hot drinks at the touch of a button – from intense espresso to trendy flat white”. The manufacturer promises “a whole new dimension in coffee enjoyment with the introduction of cold brew specialties”.

The Z10 features a great deal of innovation, Jura says, including its exclusive Product Recognising Grinder (PRG), which is said to identify the chosen specialty and then adjust the fineness of the grind accordingly, instantly and precisely.

According to the Swiss brand, the automatic grinder accommodates any coffee specialty, whether its a hot or cold brew. Also, for the first time, cold brew specialties are available at the touch of a button, thanks to Jura’s pioneering Cold Extraction Process, the company claims.

Cold water is slowly pulsed through freshly ground coffee under high pressure. The result, says Jura, is a completely new way of experiencing coffee – refreshing, energising, and with a wonderfully balanced aroma.

The coffee machine comes with a touch display and a blue crystal rotary switch. Optional artificial intelligence and a specialty selection menu makes it “easy and intuitive” to use. Meanwhile, the integrated maintenance programmes promise maximum hygiene.

Adding to the machine’s functionality is the integrated Wi-Fi Connect, which makes the Z10 compatible with innovative JOE (Jura Operating Experience), an exclusive free app for operating the machine from a smartphone or tablet. JOE lets users personalise their favourite beverages, initiate brewing, view maintenance instructions and videos, and more.

Finally, where aesthetics are concerned, the coffee machine features a sculptural design with a convex-concave front panel and coordinating finishing details, including a clear water tank with a wave design. The water tank and coffee bean container and conveniently accessible from the front of the machine. With its attention to detail and absolute manufacturing precision, Jura says its Z10 is a tribute to excellent taste.

Philips Domestic Appliances  are celebrating twenty years of Senseo

Philips Domestic Appliances are celebrating twenty years of Senseo being sustainable.

Throughout the last 20 years they have continued to deliver delicious coffee with care for the environment. Twenty years ago,Philips started a journey with a clear ambition in mind, offer all coffee lovers a convenient and high-quality coffee experience at home with the Senseo Coffee Machine. And theydelivered that together with partner JACOBS DOUWE EGBERTS using compostable pads and 100% sustainably sourced coffee.

Fast forward to today and our coffee machines are in more than 15 million households, and we can proudly say it continues to be a coffee machine with a low environmental impact from bean to cup.

De’ Longhi, record growth in the first 9 months

Net revenues of € 2,149.5 million, up 45.9%

De’ Longhi, a group active in the small household appliance sector dedicated to the world of coffee, cooking, air conditioning and home care, recorded net revenues of 2,149.5 million euros in the first nine months of 2021, up 45.9% (49.2% at constant exchange rates) compared to the same period of 2020. Adjusted Ebitda amounted to € 357 million (314.9 million on a like-for-like basis), up 124.9% and equal to to 16.6% of revenues. Net profit was 243.5 million euros, up 134.2% and equal to 11.3% of revenues.

The CEO of the Massimo Garavaglia Group commented: “The third quarter showed a robust growth trend at a high single digit rate, despite the very challenging comparison with the same quarter last year which had recorded a marked growth of + 26% on 2019. The exceptional results obtained in this macroeconomic scenario were accompanied by the expected acceleration of investments in communication and marketing. For this reason 2021 we believe we can continue to look positively at the evolution of the business, in the face of the growing global difficulties in the distribution and production sectors, and therefore we confirm the objectives and guidance for 2021 previously communicated”.

Investments amounted to 92.5 million euros, an increase of approximately 33.8 million compared to last year. The positive net financial position at 30 September 2021 amounted to 216.1 million euros (451.5 million euros at 30 September 2020). The group recalls that over the last 12 months it has finalized two acquisitions, that of the American Capital Brands in December 2020 and that of the Swiss group Eversys in May 2021, for a total financial commitment of € 463.4 million. For 2021, the Group expects revenue growth at constant exchange rates, at a rate that is in the upper part of the 28% – 33% range and an adjusted EBITDA improvement compared to last year, both in value and percentage. of revenues.

Smeg  brand La Pavoni,

Host, held from 22 to 26 October 2021 in Milan, Smeg took part with the historical brand La Pavoni, acquired by the company in 2019. During the Fair, to welcome customers and visitors, a stand was dedicated to design and tradition, in which history and innovation came together in the models presented to the market.

The protagonist has been the new Diamantina, reinterpreted by Raffaella Mangiarotti and Matteo Bazzicalupo of @deepdesign. Bringing back the first Concorso model of 1956 to its former glory, the machine perfectly embodies the founding values of the historic brand.

Not only novelties, but also an authentic piece of history were presented at the La Pavoni stand: on display the first espresso machine designed and built by Desiderio Pavoni in 1905, L’Ideale, restored by careful restoration. Alongside the domestic models, professional machines were also displayed to guarantee catering professionals innovative solutions like the new version of the automatic Bar T model, designed in collaboration with _blank design studio.