Electrolux loses €180 million in the fourth quarter

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Electrolux has forecast that operating profit in the fourth quarter of 2022 will be negative by about -2.0 billion SEK (180 million euros), including non-recurring items of -1.4 billion SEK.

The year-over-year decline in earnings was primarily a result of lower consumer demand and lower inventories both at retailers and at Electrolux. The worst performances were recorded on the North American markets where Electrolux lost around 1.2 billion SEK, as indeed in the third quarter of 2022

Fourth quarter net sales for the Group are estimated at approximately SEK 36 billion, an organic decrease of approximately 8%. Operating profit excluding non-recurring items is estimated for the Group at around -SEK 0.6 billion compared to +SEK 1.6 billion (EUR 140 million) in Q4 2021. 

Liebherr @KBIS

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Liebherr Appliances has been pushing the limits of technology, efficiency and design. With the debut of the newest models within the freestanding collection, Liebherr is once again showcasing its revolutionary technology and expertise within the refrigeration and freezing appliance category

Under its initiative of “shaping the future of freshness,” Liebherr’s products are geared towards achieving a more sustainable future. The new appliances have been developed with a goal of achieving high levels of energy efficiency, longer service life and reducing food waste through BioFresh technology, which keeps food fresher for longer than ever before. Liebherr will be unveiling the new products at the 2023 Kitchen & Bath Industry Show from January 31st to February 2nd, 2023 in Las Vegas.

“Liebherr is proud to be expanding the product portfolio for North America,” said Alex Squarize, Divisional Director of Liebherr Americas, Appliance Division. “We look forward to showcasing our latest novelties at KBIS. These demonstrate the very best in food preservation while wrapped in European style design.”

This year, Liebherr is showcasing the latest in technology within the newest models at KBIS:BioFresh Professional, an enhanced version of BioFresh, offers a wider temperature range keeping food fresher, longer. Through customized temperature selection, specially designed for delicate items like fish and seafood.
HydroBreeze creates a cool mist each time the door is opened to coat vegetables with a layer of protection, similar to your favorite local grocery store.
VarioTemp allows the freezer compartment to be converted to refrigeration, increasing capacity as needed, offering a wide temperature range from 28°F to 57°F, creating the ideal climate for preserving a range of items from seafood to root vegetables such as potatoes.
Two of the most exciting newest products from Liebherr can be installed side by side:

Peak Series All Refrigerator (SRB5290) include: BioFresh with HydroBreeze, LightTower, InfinitySpring split glass shelf and integrated bottle rack.
Peak Series All Freezer (SF5291) include: the SoftSystem smooth-closing mechanism, LED freezer and the design-friendly IceTower, offering easy and convenient access to large storage capacity iceAdditionally, to the freestanding new models, Liebherr is also introducing 2 new products and further expanding the fully integrated line.

Prime Series All Refrigerator (IRB5160) include: BioFresh, telescopic rails, LightTower, split glass shelf and integrated bottle rack.
Peak Series All Freezer (SIF5181) include: the SoftSystem smooth-closing mechanism, LED freezer and the design-friendly IceTower, offering easy and convenient access to ice

Beko, ranked 17th in The Real Leaders

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Beko has been ranked 17th in The Real Leaders Top 300 Impact Companies of 2023 ranking. The Real Leaders Impact Awards are annual awards that recognize companies that are driving a positive impact on the environment, while achieving significant business growth.

Through the motto “a healthy life is only possible on a healthy planet”, Beko is a company focused on empowering the new generations so that they can live a healthier life, knowing that it is only possible on a healthy planet, with an existence more sustainable. Beko’s ranking on The Real Leaders list demonstrates that the company’s commitment to sustainability is aligned with its mission. And it is that Beko strives every day to encourage others with its sustainable business practices.

Sustainable practices are part of Beko’s DNA. In 2022, his parent company, Arçelik, was recognized by the World Economic Forum (WEF); and its Ulmi plant, in Romania, awarded Sustainability Lighthouse status for its implementation and use of state-of-the-art technology to improve energy and water efficiency. This achievement makes it one of ten Sustainability Lighthouse centers in the Global Lighthouse Network and demonstrates the company’s leadership in lean and sustainable manufacturing.

Throughout 2022, Beko has placed innovation at the heart of its sustainable development. With the global launch of AquaTech®, the brand has been able to demonstrate how high-quality performance and sustainable technology can co-exist in consumers’ homes, offering up to30% less energy consumption than the class limit. energetic a.

Launched in September 2022, Beko’s SaveWater technology continued this trend of continuous innovation for more sustainable technology.

In the words of Hakan Bulgurlu, CEO of Arçelik, Beko’s parent company: “We are honored to be recognized as one of The Real Leaders 300 Most Impactful Companies of 2023. As a global company, we believe we have a responsibility to promote sustainability in every way possible, from the technologies we develop to our production methods, partners and supply chains.”

Arçelik, Beko’s parent company, is ranked 16th in The Real Leaders®️ Top 300 Impact Companies of 2023

Samsung Electronics Launches Bespoke Infinite Line: A New Column Refrigerator Combining Timeless Design with Ultimate Performance

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Samsung Electronics Co., Ltd. announced the launch of Bespoke Infinite Line in several countries around the world. It is a premium built-in line consisting of a fridge, freezer and wine cooler and offers premium materials, practical functions and great storage flexibility to adapt to your all lifestyles. Its modular design and its timeless and contemporary design allow it to fit into any interior while optimizing food storage thanks to its advanced features.
“Each model in the Bespoke range opens up new customization possibilities for more users ,” said Jun Hwa Lee, Executive Vice President and Director of Customer Experience Department, Digital Devices, Samsung Electronics. ” With its premium materials and modular design, the Bespoke Infinite Line brings Samsung’s signature personalization approach to premium appliances, delivering the ultimate combination of elegance and performance” .

A timeless design

The Infinite design stands out for its harmonious style, the solidity of its materials, its high-end finishes and the elegance of the elements that compose it.

Like other refrigerators in the Bespoke range, the Bespoke Infinite Line refrigerator features a modular design, and can be combined with other models to meet changing consumer needs. The Infinite design reinforces this modularity while maintaining the elegance of the refrigerator, whatever the user’s expectations. The exterior of the refrigerator is made of high quality aluminum, for increased resistance to shocks and scratches while allowing easy wiping of marks on its surface. The interior, bright and neat, has the Black Metal Cooling finish and Tunnel Lightning lighting , thus combining aesthetics and practicality.

Applied to the door and the air duct, the Black Metal Cooling system creates an impression of depth with a decidedly premium look, but also helps keep food fresher longer by quickly returning the cold to the cavity after an opening of door. The Tunnel Lightning lighting on the frame and shelves enhances the appliance while allowing you to clearly see every corner of the refrigerator.

The fridge and freezer offer a combined capacity of 805 liters , while the wine cellar can store up to 101 bottles.

Many features
The new Auto Open Door has a side sensor that instantly opens the door with just a touch . The front of the refrigerator is thus devoid of handle and sports a sleek and sophisticated design.
The AutoFill Pitcher is BPA5 free and dishwasher safe . It easily offers fresh filtered water at any time. The device also has an integrated infuser to create flavored drinks by adding fruit or infusions. Finally, users can have ice at any time thanks to the Dual Auto Ice Maker , which offers a choice of spherical or cubic ice cubes.
Optimal freshness
Thanks to the different storage options offered by the Bespoke Infinite Line, users can store different types of food in optimal conditions, in order to preserve all their flavor and freshness.
The temperature-controlled Flex Pantry drawer allows for quick switching from one pre-set temperature to another according to users’ daily needs. The two preset temperature modes are ideal for preserving a wide range of foods (meat, fish, fruit and vegetables), preserving their natural flavors and textures for longer.

The multifunction wine cellar provides the same level of freshness suitable for storing wine. Equipped with three distinct zones and precise temperature controls, it offers the possibility of simultaneously storing different bottles in ideal conditions.
A line that pushes connectivity to the limit
Connected, this line is childishly easy to use, from storing wine to monitoring electricity consumption.
The SmartThings Sommelier at Home feature simplifies wine storage by analyzing bottle labels and providing information on the best storage conditions. Combined with SmartThings Cooking , it offers the ideal food and wine pairing, just like a real sommelier .
Additionally, with SmartThings Energy , users can track their refrigerator’s power consumption in real time and receive tips on how to limit their carbon footprint and save money.
The AI Energy mode allows you to go even further by analyzing usage patterns and other factors to optimize the various parameters of the refrigerator and thus achieve energy savings.

Haier Europe financial officer

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Nitin Gupta is the new Chief Financial Officer of Haier Europe
Join the Haier Europe Senior Leadership Team, reporting directly to CEO Yannick Fierling.
Web editorial by Web Editor January 12, 2023
Nitin Gupta is the new Chief Financial Officer of Haier Europe
Nitin Gupta, CFO of Haier Europe.
Haier Europe appoints Nitin Gupta as new Chief Financial Officer of the company. Gupta joins the Senior Leadership Team of Haier Europe, reporting directly to CEO Yannick Fierling and directly to Haier Overseas CFO, Yu Yingbo.

As CFO of Haier Europe, Nitin Gupta will assume financial leadership, support the setting of strategic priorities and lead the company’s administration, finance and control department. You will be responsible for accounting, financial planning and analysis (FP&A), treasury, tax and credit management. Gupta will play a key role in ensuring adequate profitability for the company’s growth, in line with Haier Europe’s vision to be consumers’ first choice in smart home solutions

New gas stoves could be banned or regulated as consumer safety commissioner backtracks

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The backtrack came in response to a tweet from Republican Gary Palmer, who voiced outrage that unelected officials could ban an appliance used by tens of millions of Americans.

The idea of banning was first raised by  Democrat lawmakers Sen. Cory Booker and Rep. Dan Beyer, who sent a letter to the the CPSC urging it to take action after a study found that gas stoves were linked to higher cases of asthma.

In his backtrack Monday, Trumka added that people who choose to switch to electric stoves would receive an $840 rebate due to President Biden’s Inflation Reduction Act.Industry groups say that natural gas stoves don’t necessarily emit more harmful emissions than other types of stoves. the Association of Home Appliance Manufacturers and the American Gas Association both argued against a possible ban.

“Ventilation is really where this discussion should be, rather than banning one particular type of technology,” Jill Notini, a vice president at the Association of Home Appliance Manufacturers, . “Banning one type of a cooking appliance is not going to address the concerns about overall indoor air quality. We may need some behavior change, we may need [people] to turn on their hoods when cooking.”

While Karen Harbert, head of the American Gas Association, argued that neither the CPSC nor the U.S. Environmental Protection Agency (EPA) “present gas ranges as a significant contributor to adverse air quality or health hazard in their technical or public information literature, guidance, or requirements

Montpellier launches new fridge freezer

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A new energy-efficient fridge freezer from Montpellier with enhanced features aimed at energy-conscious consumers has been introduced.Montpellier MNF1860 No Frost Fridge Freezer
595mm wide with a 2 year guarantee and has a E energy rating.The MNF1860X is a high-spec fridge freezer which perfectly suits the contemporary home. With crisp, fresh lines, a no frost refrigeration system, Winter Safe -15°c technology, a convertible chill zone, LED lighting, electronic control and chrome trims, its handy features make life more convenient.NoFrost Multi Cooling Technology

NoFrost Multi Cooling Technology differs from a standard No Frost system in that the fridge and freezer each have an independent cooling system. Since there is no transfer of cold air between the fridge and freezer cabinets, NoFrost Multi Cooling provides extra freshness with optimum humidity levels in each compartment. No Frost Technology also means there is less bacteria in the fridge as there is no moisture and also that the cooling and freezing are more evenly distributed so food stays fresher for longer.

As there is no moisture inside the fridge (that occurs naturally in an auto defrost fridge), you won’t find water sitting on the lids of chilled foods like margarine tubs and on shelves. Odour mixing is also prevented, the formation of mildew is limited, plus the flavour of food is maintained for longer. For more information on different types of refrigeration systems, click here.

Winter Safe -15°c Technology

Winter Safe -15°c technology allows the fridge freezer to be used in ambient temperatures of 10°c to -15°c (for example, in a garage or outbuilding in the colder winter months). It works by overriding the thermostat in a ‘super freeze’ function. Winter Safe -15°c will protect food in the freezer from defrosting.

Chill Zone

The convertible chill zone ensures that food inside is preserved at an ideal temperature of around 0°c. Frozen meat and fish can be kept in this compartment for proper thawing before consuming, which will also ensure that it stays fresh for longer whilst also keeping out unwanted odour.

Miele new commercial dishwasher

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New commercial dishwashers from Miele’s MasterLine series are the products of choice: The proven fresh water system takes in fresh water for each phase of the programme and uses high temperatures to remove soil and reliably deal with viruses and bacteria. In the course of everyday work, short cycles make for efficient processes. These models are ideal for kindergartens and nurseries.

Thanks to their large touch display, all models from the MasterLine series are intuitive to use, even when wearing gloves. M Touch Basic and M Touch Flex represent two sets of controls giving fast access to favourites and allowing individual adjustment to programmes – intuitive thanks to plain text, symbols and 32 languages. The M Touch Flex version with its colour display takes user convenience to the next level. For example, programme names can be changed in order to eliminate operating errors. The individual stages of operation are explained in short, informative sequences.

The new dishwashers remove 99.999% of most bacteria, even in the ‘Super Short’ programme with its cycle time of only 5 minutes. For verifiable and above-average virucidal efficacy, the Institute for Integrative Hygiene and Virology – InFluenc_H has awarded this series its Virus Seal of Approval in Gold. Security functions enable even greater safety. These include a door lock which prevents unauthorised access during a running programme.

Virus Seal of Approval in Black for particularly high standards of hygiene

In addition to this, the model PFD 407 has been awarded the Seal of Approval in Black which defines even higher standards. This model with its Vario TD programme offers thermal disinfection, otherwise only the preserve of the medical sector, removing even more than 99.99% of enveloped and non-enveloped viruses (for example Corona, Influenza and the Norovirus).

All models clean crockery thoroughly and remove stubborn food residues. Redesigned baskets improving the use of space simplify loading and offer ample space on two rack levels. To ensure that light-weight parts such as learn-to-drink cups and their lids stay put throughout the cycle, Miele offers special-purpose basket inserts. There is also a matching basket for up to 16 bottles or other items such as thermos flasks, guaranteeing thorough cleaning on the inside.

Several models feature Miele’s innovative Dry+ technology. This active drying system extends programmes by 8 minutes and dispenses with the need to use a tea-towel, reducing the workload of staff. Without the least manual intervention, plates, cups and cutlery are ready for use again in next to no time, even if they consist entirely or partly of plastics.

Order cleaning chemicals online

The new MasterLine dishwashers connect to the Miele MOVE online portal. This allows users to track how many machines are in use from the convenience of a smartphone or tablet – even listing which programmes are most frequently used. And there’s another practical feature: The simple ordering of detergents and other chemicals via a direct link to the Miele Professional Shop.

Similarly, process data vital in ensuring hygienic clean crockery, for instance temperatures and cycle times, can be saved with Miele MOVE and, if necessary, exported. This allows users to furnish proof of hygiene programmes having successfully completed.

MasterLine dishwashers can also be installed in a tall unit. These models meet all the provisions of the European Machinery Directive, which is essential if machines are to be used in a commercial environment, and they are made from durable materials. Tested for 28,000 cycles, these machines guarantee spotless crockery for many years.

Company profile: Miele is the world’s leading manufacturer of premium domestic appliances including cooking, baking and steam-cooking appliances, refrigeration products, coffee makers, dishwashers and laundry and floor care products. Their product portfolio also includes dishwashers, air purifiers, washing machines and tumble dryers for commercial use as well as washer-disinfectors and sterilisers for use in medical and laboratory applications. Founded in 1899, the company has eight production plants in Germany, one each in Austria, the Czech Republic, China, Romania and Poland as well as two production plants belonging to its Italian medical technology subsidiary Steelco. Sales in the 2021 business year amounted to around € 4.84 bn. Miele is represented with its own sales subsidiaries and via importers in almost 100 countries/regions. Throughout the world, the family-run enterprise, now in its fourth generation, employs a workforce of around 22,300, of which approx. 11,200 employees work in Germany. The company has its headquarters in Gütersloh in Westphalia.

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Hygienically clean and dry crockery, thanks to innovative technology: Installed in nurseries, a Miele fresh water dishwasher from Miele’s MasterLine series takes the workload off staff, freeing up more time for the care of little ones. (Photo: Miele)
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Thanks to their large touch display, all models from the MasterLine series are intuitive to use, and can even be operate

Marks electrical financial

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Marks electrical Issued a trading update on financial and operational performance and announce revenue growth of 33.4% between October and December 2022 despite a very challenging market. Although their robust performance was driven across all major product lines, sales of A-rated energy efficient laundry appliances were especially strong.

In addition to marks electrical market-leading customer service and free next day delivery, we also saw continued adoption of our in-house installation service with over 3,000 installations now completed since launch in August 2022.
founder and CEO, Mark Smithson, commented:
“I am proud of the entire team at Marks Electrical for delivering a record quarterly performance, with year-on-year growth of 33.4% against a tough economic back-drop. This further demonstrates the resilience of our business model and the attractiveness of our market-leading customer offering, which more people are discovering up and down the country.

To continue our focus on growing brand awareness, we further invested in highly targeted television, radio and out-of-home campaigns over the Black Friday and Christmas sales peaks. This led to increased website traffic and broad-based revenue growth across the UK, but with particularly strong improvements year-on-year in London, South East England and the East Midlands.”

LG new colour for MoodUP refrigerator

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LG presented at CES 2023 a new colour option for its refrigerator with MoodUP to offer personalized customer experiences. “Coming to LG’s colour-changing fridge in collaboration with the world-renowned Pantone Color Institute, Viva Magenta – the Pantone Colour of the Year 2023 – is a brave and fearless crimson red that injects excitement and drama into home interiors, energizing any environment with its dynamic vibrancy”, the company commented. The refrigerator with MoodUP, unveiled at IFA 2022 in Berlin last September, boasts a diverse range of colors to choose from and provides a convenient way for users to enliven their kitchen whenever they feel the need to change or refresh the mood. MoodUP users can easily select and apply Viva Magenta – and any of the other available colours – by using the intuitive LG ThinQ app. Implementing LED color-changeable door panels, LG’s kitchen solution gives users the ability to customize the look of their fridge without the cost and hassle of having to physically replace any of its exterior elements.