Whirlpool communicates the results of the fourth quarter of 2023, in the name of cost reduction that will continue in 2024: closing of transaction with Arcelik in Europe expected in April
“ In 2023, we saw a more than one-point increase in market share in North America and cost reductions of approximately $800 million , as expected. Looking ahead to 2024, we expect to further revise our cost structure with an additional reduction of $300 – $400 million, while the transformation of our portfolio will unlock increased margins with the closing of the transaction in Europe, expected in the month of April 2024 ”. These words from Marc Bitzer, president and CEO of Whirlpool Corporation , summarize the company’s fourth quarter and full-year 2023 results and provide guidance for the current year .
SEB sales rebound
After a slight decline in 2022, the Seb group’s sales rebounded in 2023, particularly in the second half. A performance which allows the group to exceed the threshold of 8 billion euros in annual sales.
Carbon Trust report names Electrolux Group as a leader in climate action
Electrolux Group has been named a leader in climate action in the air conditioning industry in the Carbon Trust report, which offers a snapshot of how the sector is transforming to tackle climate change. We are one of four global manufacturers of products containing refrigerants that have made a clear commitment to phase out gases with high global warming potential (GWP) and to have a plan to replace them with low or very low GWP gases. By the end of 2023, we had replaced high-GWP gases from 97% of our products containing refrigerants and insulation foams
Ariete pizza oven
The latest in Ariete’s new range, this 32cm Double Pizza Oven features dual cooking zones with independent adjustable thermostats, cooking up to two delicious pizzas in only a few minutes!
Here’s why we love it:
✅ Dual cooking zones with independently adjustable thermostats, perfect for cooking two pizzas at once
✅ High temperature mimics an authentic wood-fired oven and takes as little as 4 minutes to cook fresh pizzas
✅ Independent adjustable thermostats for versatility
✅ Cooking zones stack vertically, reducing footprint and ensuring easy storage
✅ Non-stick cooking stones ensure quick removal of pizzas and easy clean up
✅ Suitable for other foods like pastries, paninis and bread
✅ Two stainless steel paddles included for safe handling of hot pizzas
AEG vacuum cleaner test win
AEG Ultimate 8000 Wet&Dry cordless vacuum cleaners and our Ultimate 7000 cordless vacuum cleaners have both received the coveted test win in ETM’s current comparison test! Ultimate 8000 Wet&Dry cordless vacuum cleaner: Test winner with the grade “very good” (94.0%) in the comparison test 01/2024 of 3 wet-dry vacuum cleaners. What was particularly impressive was the great cleaning performance, the smooth operation and the effortless cleaning of the floor nozzle. Ultimate 7000 cordless vacuum cleaner: Also test winner with the grade “very good” (92.5%). What was particularly impressive in the test was the impressive cleaning performance on all types of floors, the comprehensive accessories, the smooth operation and the best battery performance in the test field. We would like to thank our dedicated team for their hard work and pursuit of excellence. These awards confirm our ongoing commitment to quality and innovation. Interested in first-class cleaning performance? Visit our retail partners now to find out more about these award-winning products and see for yourself their outstanding performance!
Caple launch at KBB
Caple is launching its new range of Black Glass appliances at KBB in Birmingham in March. Launch the Sense and Sense Premium ranges of ovens and matching wine cabinets for the first time
EBRD backs Beko Egypt with $50mln loan
The European Bank for Reconstruction and Development (EBRD) will provide Beko Egypt Home Appliances Industries with a senior loan of up to $50 million to finance its first production plant at the industrial city in the 10th of Ramadan City, the bank stated.The loan will be mainly used to fund the construction of the building of the eco-friendly home appliances manufacturing plant as well as the establishment of a research and development center.
The new production facility is projected to commence operations by the first half of 2024
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.
GROUPE SEB PROFESSIONAL EQUIPMENT HUB IN SHAOXING,
Groupe SEB announces the construction of its first-ever Professional Equipment Hub in Shaoxing, China. This ambitious project marks a significant step in strengthening its global leadership position in the professional coffee equipment sector and lays the foundation for our future expansion into new product categories.
China, being the largest market for sales in the full-auto professional coffee machine industry and the fastest-growing market, presents a fertile ground for innovations. Amidst intensifying competition, Groupe SEB’s strategy focuses on cutting-edge innovation and collaboration with influential trendsetters to meet the unique needs of local markets.
With a 60 million euros investment, this new state-of-the-art hub epitomizes Groupe SEB’s commitment to a long-term growth in Asia. It will enable significant expansion into new categories.
Gree Jumps After Chairwoman Declares 2023 Best Year Ever
Shares of Gree Electric Appliances surged after the chairwoman of the Chinese maker of white goods said yesterday that the firm achieved its best annual revenue last year since its inception over three decades ago and the goal is to double that in the next five years The Zhuhai-headquartered manufacturer of air conditioning units and washing machines predicted in late December that its 2023 revenue should stand between CNY205 billion and CNY210 billion (USD28.5 billion to USD29.2 billion), marking the third time of exceeding CNY200 billion and a maximum increase of 10 percent from the year before. Net profit could tally from CNY27 billion to CNY29.3 billion (USD3.8 billion to USD4.1 billion), as big as a 20 percent boost from 2022.
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