Groupe SEB End-of-year 2023 sales confirmed the good performance of the results of the world leader in small household appliances, as confirmed by Stanislas de Gramont, Managing Director: “Groupe SEB returned to good organic growth momentum in its sales in 2023, and returns to the 8 billion turnover mark for this financial year.” A figure up slightly, by 0.6%, achieved in a difficult economic context.Groupe SEB achieved sales of €8,006 million in 2023, up 0.6% (i.e. +€46 million) in published data. Organic growth stands at a good level of 5.3%, or +€420 million. It is offset by a negative currency impact of the same magnitude coming from the depreciation of several currencies compared to the euro (notably the Chinese yuan). Finally, the turnover includes a limited scope effect linked to the integration of the acquisitions of Zummo, La San Marco and Pacojet.The Group’s Professional activity continued its excellent trajectory, posting organic sales growth of 16.2% in the 4th quarter, on a more demanding base effect. This activity brings together Professional Coffee, which constitutes nearly 90% of sales, hotel equipment, Krampouz, Zummo and Pacojet.
In 2023, the turnover of the Professional activity stood at €962 million, up 26.5% like-for-like compared to last year.
This remarkable performance is mainly due to record sales in Professional Coffee driven by the Group’s main markets (China, the United States, Germany and the United Kingdom), both in machine sales and supply. Services. Machine sales were supported by an increasingly extensive and diversified customer portfolio, supporting the recurrence of turnover, as well as the deployment of major contracts with key customers such as Luckin Coffee in China, Greggs in the United Kingdom. or QuikTrip in the United States. Furthermore, the continued development of services and their digital component reinforces the attractiveness of the Group’s offering and contributes to strong growth in turnover.
Furthermore, the Group made significant developments in 2023 to support its strategic ambition in Professional. The acquisition of La San Marco allows the Group to extend its product offering to traditional coffee machines, and that of Pacojet strengthens the Group’s presence in professional kitchens.
Groupe SEB also announced the construction of its first Professional Equipment Hub in Shaoxing, China
Category Archives: Kettle
Ufesa participates in Ambiente 2024
Ufesa presents its new products and its wide variety of kitchen and home products in the new edition of Ambiente, which was held from January 26 to 30, 2024 in Frankfurt. The company shares prominence with Zelmer and SDA, other of the group’s brands.
Currently, the firm is working on the development of products aimed at transforming the culinary experience to adopt healthier and more efficient practices. Among the new launches, there are several categories such as coffee makers, air fryers and blenders.
The Sensazione super-automatic coffee machine is a 100% made in Spain product, which stands out for its Safe and Grind stainless steel grinder, its 5 adjustment positions and the tank for lovers of ground coffee. It has Friendly Clean technology that simplifies cleaning and maintenance. Thanks to One Touch, you can select the type of coffee, the quantity and choose 3 intensity levels according to the consumer’s preferences. Likewise, the Capriccio 12 Delux drip coffee maker, with a 12-cup capacity, is equipped with a permanent filter, anti-drip valve and automatic shut-off.
The firm also exposes one of the most successful product categories, air fryers. Some of the models that can be seen at the fair are the Magnum digital air fryer, which is distinguished by its large capacity of 23 l, dual resistance for uniform cooking and 8 preset programs, including rotisserie; and the Inox Eagle air fryer, with a window and interior light in its 6.5 l bucket.
Within the extensive variety of Ufesa mixers, there are models with whisks, cups and kneaders. The Vario range includes a model with an XL foot and features an ergonomic design. In addition, its great power and 4 titanium blades allow you to make creams, smoothies and even crush a block of ice.
The B&B Trends group has a wide variety of high-quality technological solutions with the characteristic seal of European Manufacturing.
Severin change at the top
SEVERIN, the internationally known German quality brand for electrical household appliances with a history of more than 130 years, is starting the year 2024 with new momentum and a clear goal to initiate the next phase of growth. Dr. Joyce Gesing and Gerhard Sturm, who are new to the company, will lead the company as co-CEOs from January 2, 2024. Gerhard Sturm is also appointed spokesman for the management. With Gerhard Sturm as Co-CEO, SEVERIN has gained an international sales and marketing expert with many years of experience in the world’s leading brand companies L’Oréal, Sony and Grohe.From January 2, 2024, Gerhard Sturm will be appointed Co-CEO and Managing Director of the international quality brand for household appliances SEVERIN, based in Sundern, Germany.
The previous sole managing director Dr. Despite a difficult market environment, Joyce Gesing has created the conditions for a new phase of growth and profitability over the last two years. In order to build on this development and strengthen it sustainably, Dr. Gesing and Mr. Sturm will divide the management tasks as co-CEOs from January 2, 2024 as followsGerhard Sturm is responsible for sales, marketing, product development, quality and customer service, with the mandate to further strengthen the SEVERIN brand and product portfolio and to further expand the company’s international presence. In addition, Mr. Sturm takes on the role of spokesman for the management.
Dr. Joyce Gesing is responsible for global purchasing, supply chain and logistics as well as IT, finance, human resources and transformation with the aim of further accelerating the structural alignment of the organization, processes and systems towards global growth and operational excellence.
The appointment of Gerhard Sturm as Co-CEO marks another milestone in the development of SEVERIN. The personnel is the next logical step to further strengthen SEVERIN as an internationally recognized consumer brand.
Aarke Kettle
Swedish brand Aarke’s new sleek and modern Aarke Kettle is designed to bring water to a boil in satisfying silence, a stainless steel kettle engineered to elevate the daily ritual of preparing your favorite beverage Sleek, simple to operate, and easy to clean, the Aarke Kettle abides by the notion “less is more,” with nothing extraneous added to its stable cylindrical 2-piece form. The base’s single button controls allows for variable temperature settings – 104°, 167°, 185°, 203°, and 212°F – alongside a memory function for those users who prepare a tried and true favorite tea every morning and want to get quickly to their first sip,The Aarke Kettle’s user interface is pared down to the essential, with an LED temperature indicator allowing for easy temperature selection, while also displaying the temperature as the Kettle cools down.
Rangemaster new colour ls for classic kettle and toaster
The Classic Kettle and Toaster collection has now been launched in two new shades!
The new colours complement Rangemaster’s range cookers that also come in these natural tones, Mineral Green and Stone Blue, which form part of the Earth collection.The new colours have been launched to complement Rangemaster’s range cookers that also come in these natural tones, which form part of the Earth collectionThe Classic Kettle is a 3kW design with a quick and quiet boil. It’s perfect for families and entertaining with its large 1.7 litre capacity while level markers inside the kettle help you to boil only what’s needed, saving energy. It has a water gauge on the outside and perfect pour drip-free spout while the stovetop-style design is ideal for country cottage kitchens and classic decors. Added features include a cordless 360˚ swivel base, which is sturdy and safe to use for left and right-handed users, as well as a removable and washable limescale filter.
Haden Starbeck
The Haden Starbeck kettles and 2-slice toasters are now available!
Available in elegant ivory or sleek black, these appliances perfectly complement the range’s textured mix. The marriage of matte and gloss finishes adds depth, creating a mesmerising aesthetic that enhances any kitchen decor.
Experience rapid boil technology in the kettle and perfect toasting with multiple browning settings in the compact 2-slice toaster.
Strix AGM
Strix Group Plc , the AIM quoted global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, provides an update ahead of its Annual General Meeting
At the meeting, Mark Bartlett, Chief Executive Officer of Strix, will make the following statement:
We are pleased to report an improved trading performance and can confirm that profit after tax for the full year remains in line with market expectations*.
“At our full year results, we highlighted that, following a period of uncertainty across a number of Strix’s key export markets, sales data in 2023 indicated some green shoots were appearing. I can report that this trend has continued with Group performance in Q2 improving versus Q1. We are continuing to receive increased frequency of orders from customers, albeit with smaller quantities as they manage their cash balances prudently.
“We also continue to make successful progress on the integration of Billi which is in line and remains on track with our plan for the full year. This is another step that will propel Strix into a new growth phase, further diversifying away from the core Kettle Controls business.
Alongside this, we are continuing to implement a range of strategic initiatives across the business which include a functional streamlining programme to minimise the impact of the ongoing headwinds Strix is facing.
We will prioritise debt reduction with a clear plan to get net debt / EBITDA to below 2.0x during 2023 and to below 1.5x during 2024. As capital allocation decisions prioritise this, the Board, as previously announced, has decided after reviewing the level of net debt to propose a final dividend of 3.25p per share which would represent a total dividend of 6.00p per share.”
Current profit after tax consensus for year ended 31 December 2023 is £25.8m
Smeg Group and DOLCE&GABBANA
Smeg Group and DOLCE&GABBANA announce the new Blu Mediterraneo collection The new Blu Mediterraneo collection will be available at Dolce&Gabbana Casa boutiques and Smeg stores,
Ufesa turns 60
Ufesa celebrate 60 years Exclusive events will be held with VIP clients and a very special recipe book will be created for the occasion that will review the different stages and milestones of Ufesa and detail common recipes from each era.
To increase the visibility of the brand and reinforce its positioning, an advertising campaign will also be carried out on TV, lifestyle magazines and digital platforms with a very attractive concept. The graphics show, in a humorous tone, how Ufesa is present at different moments in the lives of users, accompanying them and always being by their side.
The opening of a profile on TikTok, the creation of special filters on their social networks, collaboration with prominent influencers in the cooking sector and holding raffles will be some of the actions that will be carried out on their social networks.
In addition, under the name “60 gifts in 60 days” the firm will reward the most loyal consumers. And for the purchase of an air fryer they can win weekend trips in rural hotels, online cooking courses and Ufesa products.Ufesa takes to more than 80 countries the whole range of products to make easier the life of millions of people
De’Longhi: turnover and profits reduced
Net profitability fell 25% but remains 6.4%. The cash register improves but sales remain 18% lower than those of the first quarter of 2022.In the first quarter of 2023, the turnover of the De’Longhi group fell by 18% to 602 million. Net income fell more or less proportionally to 39 million (6.4% of turnover). The net financial position is instead positive for 317.2 million, an improvement of 18.5 million compared to the end of 2022 and 42.6 million at the end of the first quarter of 2022,
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