Bulgaria’s antitrust watchdog has ordered the local subsidiary of German domestic appliance maker Miele to pay a €820,000 fine for breaching resale price maintenance laws
Currys results
This morning Currys PLC have announced Full Year results for FY22/23, with group adjusted profit at the top end of guidance. Alex Baldock, Group CEO: “We’ve had a very mixed year. Our strengthening UK&I performance shows our long-term strategy is working well. But our long track record of success in the Nordics was brought to an abrupt halt. I’m proud of how our colleagues rose to this challenge, continuing to bring the benefits of technology within easy reach of millions of customers. Our long-term confidence is undimmed, with a business well set to benefit from an eventual macro recovery.”
The best food processors of 2023 tried and tested, from Ninja to KitchenAid
Magimix 4200XL Food Processor named as The Telegraph’s best food processor of 2023! https://www.telegraph.co.uk/food-and-drink/equipment/the-best-food-processors/
Urbantech oven by Fulor Milano
new range of Fulgor Milano products will be available starting from September 2023. Among these, one of the most interesting appliances is the 90 Urbantech multifunctional oven, a model that stands out for its classic user-friendly knob control completed with a functional digital display.For maximum usability, the URBANTECH series ovens combine the precision of electronics with the ergonomics of manual controls. Direct, immediate, and easily intelligible function setting. All ovens have newly designed knobs and handle.
The Urbantech oven, in A energy class, offers a choice of 9 functions and is characterized by a pleasant, essential design. It features a 105 l ultra black enamelled cooking chamber.
Moreover, it’s fitted with an efficient safety system, including tangential cooling ventilation. Finally, the model comes with some accessories, such as set of fully removable telescopic rails, enamelled tray, flat rack, and rotisseries kit.
Fisher & Paykel appoints COO for UK
Fisher & Paykel, has appointed Stephen Rickersey as its chief operating officer for the UK, Ireland and Europe. Stephen joins the company from Miele, where he held a position as sales director. Prior to that, he worked at Whirlpool Corporation as head of sales. With over 17 years of experience
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
Groupe SEB announces the acquisition of FORGE ADOUR
Groupe SEB announces the acquisition of FORGE ADOUR and becomes a european leader in planchas Established in 1978, FORGE ADOUR is a French family-owned company that specializes in the design, manufacture and marketing of planchas, accessories and outdoor kitchens for the Consumer market. With a presence mainly in France, the iconic Basque brand which this year celebrates its 45th anniversary 🎂, has also gained a foothold in Spain 🇪🇸, Germany 🇩🇪, Switzerland 🇨🇭 and the Benelux region in recent years, opening up opportunities for business development. ” 𝘪𝘵𝘪𝘰𝘯 𝘰𝘧 𝘍𝘖𝘙𝘎𝘌 𝘈𝘋𝘖𝘜𝘙 𝘸𝘩𝘪𝘤𝘩 𝘦𝘯𝘢𝘣𝘭𝘦𝘴 𝘎𝘳𝘰𝘶𝘱𝘦 𝘚𝘌𝘉 𝘵𝘰 𝘣𝘦𝘤𝘰𝘮𝘦 𝘢 𝘌𝘶𝘳𝘰𝘱𝘦𝘢𝘯 𝘭𝘦𝘢 𝘦𝘳 𝘪𝘯 𝘱𝘭𝘢𝘯𝘤𝘩𝘢𝘴, 𝘢𝘴 𝘸𝘦𝘭𝘭 𝘢𝘴 𝘵𝘰 𝘦𝘹𝘱𝘢𝘯𝘥 𝘪𝘵𝘴 𝘳𝘢𝘯𝘨𝘦 𝘰𝘧 𝘰𝘶𝘵𝘥𝘰𝘰𝘳 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘴 𝘢𝘯𝘥 𝘢 𝘤𝘤𝘦𝘴𝘴 𝘯𝘦𝘸 𝘥𝘪𝘴𝘵𝘳𝘪𝘣𝘶𝘵𝘪𝘰𝘯 𝘤𝘩𝘢𝘯𝘯𝘦𝘭𝘴. 𝘈 𝘮𝘶𝘴𝘵-𝘩𝘢𝘷𝘦 𝘴𝘶𝘮𝘮𝘦𝘳 𝘤𝘰𝘰𝘬𝘪𝘯𝘨 𝘢𝘱𝘱𝘭𝘪𝘢𝘯𝘤𝘦, 𝘱𝘭𝘢𝘯𝘤𝘩𝘢𝘴 𝘳𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵 𝘢 𝘣𝘶𝘰𝘺𝘢𝘯𝘵 𝘮𝘢𝘳𝘬𝘦𝘵. 𝘔𝘰𝘳𝘦𝘰𝘷𝘦𝘳, 𝘍𝘖𝘙𝘎𝘌 𝘈𝘋𝘖𝘜𝘙 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘴 𝘸𝘪𝘭 𝘭 𝘤𝘰𝘮𝘱𝘭𝘦𝘮𝘦𝘯𝘵 𝘵𝘩𝘦 𝘴𝘵𝘢𝘪𝘯𝘭𝘦𝘴𝘴 𝘴𝘵𝘦𝘦𝘭 𝘭𝘢𝘯𝘤𝘩𝘢 𝘰𝘧𝘧𝘦𝘳 𝘰𝘧 𝘵𝘩𝘦 𝘉𝘳𝘦𝘵𝘰𝘯 𝘣𝘳𝘢𝘯𝘥, 𝘒𝘙 𝘈𝘔𝘗𝘖𝘜𝘡, 𝘸𝘩𝘪𝘤𝘩 𝘎𝘳𝘰𝘶𝘱𝘦 𝘚𝘌𝘉 𝘢𝘤𝘲𝘶𝘪𝘳𝘦𝘥 i𝘯 2019
Waterline connect with Kbsa members
UK Kitchen distributor Waterline has partnered with trade association The Kbsa to offer its retail members a benefits package including credit terms and discounts.
LG launches its new built-in appliances in Italy
LG Italy launch a new built-in collection. Ease of use, high performance and minimal design characterize these products: the new built-in appliances, which boast energy efficiency in line with the best industry standards, include 4 electric ovens, 2 induction hobs, 2 gas hobs and 3 dishwashers. In addition, built-in refrigerators will also be added over the next few months. As regards to the technologies, the ovens are equipped with InstaView™ (to look inside the appliance with a simple touch on the glass which remains cold) and with the EasyClean and pyrolysis functions. Furthermore, they offer different cooking options and are connected to the ThinQ app. The 60 cm induction hobs offer 4 cooking areas with double or single flex zone, slide touch controls, automatic pot detection and Stop & Go system. The gas hobs are available in the 60 and 75 cm versions, respectively with 4 and 5 burners. As for the dishwashers, they feature the EasyRackTM loading system and the QuadWash technology which, thanks to the multidirectional rotation of the four spray arms, guarantees high washing performance. Finally, hygiene is guaranteed by TrueSteam technology.
EZVIZ launches its first Robot Vacuum & Mop Combo
EZVIZ, a world-leading company in smart home technologies, diversifies its product family today with its first-ever robot vacuum & mop combo, the RS2. A single unit that sweeps, vacuums and mops, the RS2 deep-cleans hard floors and carpets with minimal human effort. Equipped with numerous robotic technologies, the RS2 plans routes and missions all by itself, and works with a multi-functional dock to enable automatic mop installation and detachment, self-cleaning, air-drying and recharging.the RS2 solves the long-standing pain point of manually changing or washing the device. With its all-in-one dock, the RS2 can auto-install its dual spinning mop pads, and auto-detach those when vacuuming a carpeted area. After each task, the RS2 will return to the dock, where it automatically washes and air dries the mop, self-removes tangled hair on the roller brush, refills its water tank, and charges its battery.RS2 can be set on a single, uninterrupted “vacuum-first, mop-next” mission. It detects carpeted areas in real time to avoid using wet pads, and auto-applies Suction Boost mode. Integrating D-ToF LiDAR, 3D structured laser and an RGB camera, the RS2 maps the layout of any home, auto-generates cleaning routes for various floors, and precisely avoids common obstacles
