Groupe Seb published its 2024 annual results, which demonstrate sustained commercial momentum and an improvement in its profitability in a still uncertain economic context. Its turnover reached €8.266 billion and shows an increase of 3.2% in published data and 5% at constant exchange rates and scope.
This performance was mainly driven by the Consumer business , with organic growth of 6% (+9% excluding China). The Group thus returned to solid growth in Western Europe and North America, while Eastern Europe and South America continued their double-digit growth. For its part, the Professional business experienced a year of consolidation after strong performances in 2023. Although its sales fell by 4.5%, 2024 represents the second best year in history in terms of revenue for coffee. ” 2024 was also marked by major strategic advances: the launch of a hub in China for Professional Coffee and the strengthening of our expertise in Professional Culinary with the acquisition of the Sofilac Group ,” said Stanislas de Gramont , CEO.
At the same time, operating profit from activity (ROPA) increased by 10.5% to reach €802 million. The operating margin thus improved to 9.7% of sales, compared to 9.1% in 2023. This increase is explained by a positive volume effect and a decrease in the cost of sales, which more than offset the commercial and marketing investments made to support growth.
Category Archives: cooker hoods
JennAir induction hob with extractor
The newly unveiled JennAir 36” Downdraft Induction Cooktop is turning heads at KBIS—and for good reason. Experience the powerful extraction technology and performance
Elica limits the drop in turnover thanks to OEM sales
Elica closes the third quarter with a contraction of ‘only’ 1.1% thanks to the excellent performance of the Engine Division (+9%) which gained market share in Europe. The bet on Cooking is slow to pay off: in the January-September period, despite the award-winning models of the Nikolatesla and Lhov lines, sales fell by 4% (very weak demand in Europe, improvements in the USA).
The balance of the very difficult first nine months of 2024 sees a drop of almost 5% in turnover, down to 342 million euros and margins in line with expectations. The Fabriano group does not give up and finances an intense promotional activity and investments in its own brand lines with careful cost control. The margin on revenues in the first nine months was 7.2% against 10.4% in 2023.
Elica on air to light up ‘a new idea of cooking
Elica, after a profound rebranding and the launch of the range of products dedicated to cooking, pushes the accelerator once again on the positioning path and launches a new advertising campaign, on air from this month on TV, print and digital.
‘ Light up a new idea of cooking’ is an invitation to discover Elica products with cutting-edge design and functions, capable of making the experience in the kitchen extraordinary. Above all, Lhov™ : the All-in-One solution that integrates oven, hob and extraction system that this year brought Elica the second Compasso D’Oro in its history. 2024 definitively consecrates the company’s ambitions with the launch of a complete range for cooking that goes from ovens to induction hobs to wine cellars.
rebranding and the launch of the range of products dedicated to cooking, pushes the accelerator once again on the positioning path and launches a new advertising campaign, on air from this month on TV, print and digital.
Light up a new idea of cooking’ is an invitation to discover Elica products with cutting-edge design and functions, capable of making the experience in the kitchen extraordinary. Above all, Lhov™ : the All-in-One solution that integrates oven, hob and extraction system that this year brought Elica the second Compasso D’Oro in its history. 2024 definitively consecrates the company’s ambitions with the launch of a complete range for cooking that goes from ovens to induction hobs to wine cellars.
Falmec shows new products
Area30 is one of the most important events in Germany and Europe for the kitchen sector. For Falmec it was a great opportunity to present products and 2025 previews to a specialized audience of industry professionals, including retailers, architects and designers,
According to the organizer Trendfairs GmbH, the thirteenth edition of the event, held from September 21 to 26, saw the presence of over 12 thousand industry experts.
The Falmec stand reflected the concept of ‘invisible technology’ in which the aspiration becomes part of the kitchen architecture, with solutions that are hidden inside furnishing elements.
New Faber extractor
Introducing the new Modular hood by Faber S.P.A., their latest novelty for the kitchen which offers exceptional performance (720 m3/h extraction power to be precise), elegance and organisation all in one.
The hood is formed from individual 60cm modules, starting from the central module that contains the extractor hood. You can then create your own storage solution, adaptable to your exact spatial and design needs, since there is an optional choice of shelving modules that can be placed either side of the central module.
The aesthetic appeal of the Modular hood is also impressive. Open smoke-grey glass shelves with matte black frames provide a contemporary look for your kitchen. The flush LED bar complete with touch control,
Condensation in induction hobs: causes, remedies and solutions
The advantages of induction hobs are many, but anybody who owns one and prepares food often will understand that one big disadvantage is the condensation created. Faber S.P.A., are absolutely aware of this issue and offer solutions to overcome it.
Condensation is created due to the higher efficiency and heating rate of induction hobs. This can lead to damage of the cooker hood and also of the furniture in the kitchen. There are some remedies that you can follow to reduce the impact of condensation in the kitchen, while Faber’s Zero Drip hood range will ensure that it is no longer an issue.
To learn more about the simple steps you can take to handle condensation, and to learn more about Faber’s Zero Drip range of hoods, take a look at Fabers blog article.https://www.faberspa.com/en-en/blogs/en/condensation-in-induction-hobs-causes-remedies-and-solutions
LG STRENGTHENS EUROPEAN PRESENCE
LG Electronics (LG) is unveiling its latest built-in kitchen appliances at Milan Design Week (MDW) 2024, taking place in Milan, Italy, from April 16-21. At the center of LG’s Milan showcase are the brand-new Signature Kitchen Suite built-in oven, free zone induction hob, and downdraft hood. Boasting innovative, premium design and highly-convenient features, the company’s refined built-in solutions bring exceptional ease-of-use and effortless elegance to the kitchen.
We are thrilled to showcase our latest built-in innovations at this year’s Milan Design Week, demonstrating our commitment to leading new design trends and meeting the diverse needs of European customers,” said Lyu Jae-cheol, president of LG Electronics Home Appliance & Air Solution Company. “LG will continue to strengthen its presence in Europe through an expanded range of built-in appliances delivering style, performance and convenience in the kitchen.”
Bosch series 4 Extractor
With only 64 decibels in recirculation mode, the Bosch Series 4 oblique is just as loud as a casual conversation between two people. So nothing stands in the way of a cozy evening of cooking in a relaxed atmosphere. In keeping with the season, allergy sufferers can also breathe a sigh of relief inside thanks to the Clean Air Plus odor filter: In addition to an anti-fish function, it also has an anti-pollen function that is unique on the market and cleans the room air of all pollen to an extremely high degree. Thanks to the link with the Home Connect app, the Bosch Schrägesse also offers other practical functions. For example, connecting to a compatible induction hob ensures full concentration on preparing delicious food and dishes, as the power levels and temperature settings are automatically synchronized between both devices. And thus contribute to a perfect cooking experience! But the Bosch slant not only scores points with its functionality, it also impresses aesthetically: its modern design enhances any kitchen. This makes it the perfect addition to any home
Falmec new parallel hood
Introducing the Falmec Parallel integrated hood.
– Easy to install in a cabinet or canopy.
– Sleek modern design available in black or white painted steel with tempered glass finish.
– Dual LED strip lighting for superb task lighting.
– As you would expect a powerful extraction rate from 800-1500m3/h quickly eliminating odours.
– Optional Carbon.Zeo filter to purify the air eliminating the need to extract to the outside.
– Hood to hob as well as remote control compatible
