The three-year period 2024-2026 the Treviso group expects an average annual growth of 7-9% in turnover and gross margins of 15-16% company writes that it expects a continuation of the favorable growth dynamics of the coffee machine segment, in particular those capable of processing coffee beans. Growth is also expected in the Nutrition area
, both in the world of products for domestic and professional use, as well as from the opportunities coming from the nutrition area thanks to the international development of the Nutribullet brand. De’Longhi also foresees expansion opportunities in other categories such as ironing.
Hotpoint campaign
Beko Europe announced the launch of the new international Hotpoint Brand Equity Campaign, “Mischief-Makers call for Trusted Partners”, now #LIVE in the UK!
Whether it’s a mischievous pet, a pint-sized troublemaker, or even that goofy flatmate who always seems to stir up a storm, everyone has a “Mischief-Maker” at home but thanks to Hotpoint appliances, #mishaps are a distant memory.
The Campaign offers a fresh and ironic take on a contemporary portrayal of home, whilst preserving the spirit of Hotpoint, your Trusted Partner, alive since 1911.
Started last week in the UK, the campaign features a 60-second cinema ad, a 30-second TV spot, and eye-catching out-of-home ads across London and other cities. Plus, our social media channels are buzzing with engaging content!
teams in Peterborough (UK) and Milan (Italy) celebrated the launch in a series of engaging events
Growth for Hisense UK
Turnover and profits have grown at the UK arm of electronics manufacturing giant Hisense despite challenging conditions in the wider economy.
The wider group was founded in China in 1969 and is a manufacturer of televisions and home appliances Recently filed accounts for Hisense UK Ltd show turnover of £300.4m for the year ending 31 December 2023, up from £239.2m in 2022.
Pre-tax profit also increased to £2.82m from £2m the previous year.
Caple smart induction hob
Experience the future of cooking with the Caple C990i induction hob, where intelligence meets innovation.
With Caple Smart pan detection technology, the C990i lets you unleash your cooking creativity like never before. No more restrictions – it automatically detects up to six pans simultaneously, seamlessly adapting to their sizes.
Haier award winner
Haier Europe has been acknowledged as one of the most reputable companies in Italy, according to the 2024 Italy Reputation Ranking research conducted by The RepTrak Company, a prominent reputation research company.
The RepTrak database in Italy represents the largest and most complete database on the reputation of Italian companies, and measures over 20 industries on a continious basis.
This recognition emphasizes the dedication to being the top choice for smart home solutions and shaping the new era of living for the communities they serve.
New Hoover’s built-in appliance
Hoover unveils the sleek design of its latest Collection 5 range of ovens and cooktops. Crafted at the Haier Europe’s MED (Milan Experience Design Center), these appliances are a fusion of cutting-edge technology, premium materials, and a streamlined aesthetic, all built upon the innovative Titanium platform. The Collection 5 ovens by Hoover are distinguished by their matte black color palette and a harmonious blend of glossy and matte glass components, complemented by an LED display and intuitive touch controls. The integration with the hOn app enhances user convenience, enabling remote monitoring and operation of the appliances.
The flagship model of the Collection 5, boasting a matte finish, is the pyrolytic H-Oven 550 Flow, which is rated energy class A++ and features six cooking levels with a generous 78-litre internal capacity. Additionally, the incorporation of Steam Plus technology and Artificial Intelligence streamlines the steam cooking process, allowing users to effortlessly select the food category they wish to prepare. Designed for aesthetic coherence, the H-Microwave 550 Flow mirrors the oven’s matte appearance and can be installed either vertically or horizontally. Its Flow interface presents a touch-controlled display that, when used in conjunction with the hOn app, simplifies appliance management and provides access to an array of 15 functions, including unique options like AirFry, Pop-Corn, and Yogurt.The structural innovations introduced by Hoover New Collection 5 also emerge in the new solutions for induction hobs, obtained thanks to the newly created Supernova platform. An example of this is the 80 cm H-Hob 550, which can also be installed flush and is characterized by quick installation with Easy Clip. The product has 4 cooking zones, Flexy area and H-Move function (it transforms the cooking area into a multizone with three contiguous levels of heat intensity).
These products from the New Collection 5 are accompanied by the built-in dishwasher and refrigerator. The 16-place H-Dish 700 dishwasher reaches the energy class B and features an adjustable third rack, sliding hinges, silver-based antibacterial treatment for the internal spaces, Active Hygiene program for deep cleaning and 10 programs that can be managed from the hOn app, thanks to which user can also access other functions. Finally, the Total No Frost combined refrigerator in class D is characterized by total net volume of 365 litres. The appliance is equipped with Silent Inverter compressor, Total No Frost technology and the Air Care system for uniform air distribution. The Cool Space Plus drawer maintains the temperature between 0°C and 3°C to store the most delicate food. Furthermore, Hygiene Gasket is a hygienic treatment applied to the door seal to prevent the proliferation of mould. Also the refrigerator can be connected to the hOn app.
Smeg also re-evolves the countertop oven
Smeg’s introduction of the COF01 countertop oven. This appliance brings the versatility of a combined steam oven, typically integrated into kitchen units, right onto your countertop. The COF01 is offered in a palette of six vibrant colors: black, white, cream, pastel blue, pastel green, and red, each adding a touch of elegance to your kitchen.
The COF01 boasts a generous 30-liter capacity and is outfitted with the cutting-edge Galileo Combi-Steam technology. This breakthrough, inspired by Smeg’s research into built-in ovens, ensures superior heat distribution throughout the cooking process. The oven’s versatility is further enhanced by its ten distinct functions, encompassing everything from air frying to maintaining warmth, defrosting, and the Chef Mode, which includes 33 pre-set automatic recipes. All this is wrapped in the iconic design of the 50’s Style range, whose smooth, curvaceous lines are reminiscent of the classic FAB refrigerators.
For those who love the art of steam cooking, the COF01’s water tank is a game-changer. Easily accessible and removable with the push of a button, it provides up to 24 hours of continuous steam. You have the flexibility to choose between 100% steam cooking or a combination of steam and convection, with adjustable humidity levels ranging from 20 to 70%. The oven’s user-friendly display, situated between two retro-style knobs, alerts you to low water levels and when it’s time for descaling maintenance. Completing the COF01 experience is a suite of accessories, including a perforated tray, an enamelled tray, and a grill, ensuring you have everything you need to unleash your culinary creativity.
Konka expanding
Shaanxi Konka Intelligent Home Appliances Co., a distinguished branch of the Konka Group and its sole smart kitchen appliance manufacturing hub in Northwest China, has successfully secured international orders surpassing 10,000 units for dishwashers this year. The primary markets for these exports are key European nations such as Germany, France, and Italy.
In a strategic move to broaden its market reach, the company is now venturing into the Central Asian region. It has already made inroads by exporting washing machines to Kazakhstan and is currently gearing up to dispatch its inaugural consignment of dishwashers to the Central Asian market.
Amica First Quarter 2024 Results
Revenue: zł628.4m (down 12% from 1Q 2023).
Net income: zł3.10m (up from zł900.0k loss in 1Q 2023).
Profit margin: 0.5% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses.
Elica invests in its future
Elica is forging ahead with its strategic investments, despite facing current market challenges. The launch of Elica’s expanded product line, dubbed “Extraordinary Cooking,” has been well-received by the media. Yet, the overall market conditions remain tough, and this is reflected in Elica’s first-quarter sales figures: a turnover of 117 million euros marks an 8.5% decrease from the same period in 2023, albeit a 4% increase from the preceding quarter. Despite a 6.9% uptick in the US market, it does not offset the sales slump across Europe and beyond, in both volume and value.
The Cooking division saw a 6.2% downturn, impacting even the Own brands segment, which had previously shown robust performance. The Motors division fared even worse, with an 18% decline.
Price pressures have significantly eroded profit margins, with adjusted EBITDA plummeting by 40% compared to the first quarter of the previous year. The net income also took a hit, landing at 440 thousand euros, a steep fall from the 3.9 million euros recorded in the first quarter of 2023.
Nevertheless, Elica’s leadership remains undeterred, securing a 70 million euro loan to fuel future growth initiatives.
