Cecotec @ IFA 2022


Cecotec will participate in the IFA fair in Berlin, the technological event par excellence in Europe, whose 2022 edition will be held from September 2 to 6 at the Messe fairgrounds in Berlin.

Located in hall 3.1 B, at stand 105, the brand will present the latest news and technological innovations from its wide range of household appliances and solutions for the home and people.

Cecotec is a Valencian family business specializing in the manufacture and sale of household appliances and applications for the home focused on improving people’s lives. The company was born in 2013, has a workforce of around 750 people and has closed the last few years with a turnover of more than 300 million euros per year. It is present throughout Spain and has a commercial presence in more than 50 countries, as well as subsidiaries and logistics in France, Italy and Germany. It has a wide range of vacuum cleaners, kitchen products, washing machines, dishwashers, refrigerators, personal care, rest, fitness, DIY, electric mobility, etc. equipped with the latest technologies available to everyone

Hitachi launches new products in Nepal

Hitachi launches new products in Nepal Hitachi, an international electric home appliance brand, has launched four new products in Nepal.

Universal Electrocom Pvt Ltd, a branch of Ramesh Corp entity, is an authorised distributor for the brand’s home appliances in Nepal.

The products include four models of microwave oven, front-load fully automatic 12KG washing machine, French bottom refrigerator 638lt and cordless stick vacuum cleaner.

Elica results

Elica’s first-half 2022 results are something to be proud of. Despite the challenging situation and the market uncertainties,

Elica posted outstanding 1H results with revenue at EUR 290.2 million, up 7.7% on 1H 2021. This growth was driven by sales of own brands and Motors Division, led by an even stronger Q2, setting new revenue and margin records.

New supply chain director whirlpool UK

Whirlpool UK Appliances Limited, the home of Hotpoint, has announced the appointment of Alistair Dobson as Supply Chain Director, UK and Ireland. Having worked for Whirlpool UK in various roles of increasing responsibility for over two decades, Alistair brings a wealth of knowledge and experience of the domestic appliance industry to his new positionAlistair’s new position as Supply Chain Director will involve leading the company’s supply chain operations, including overseeing its commitment to creating a circular economy

Glem Gas

Italian company Glem Gas has a long know-how in cooking technologies. This expertise is transferred in any appliance of the brand. As regards ovens, Glem Gas equipped its models with several features, allowing to obtain a perfect cooking.

The cooling system perfectly maintains heat insulated inside the oven cavity. A forced air flow over its perimeter ensures that all components work in the right temperature range for the entire life of the product. It is also a further guarantee of duration and performance by Glem Gas.

Moreover, all Glem Gas ovens are equipped with a small chimney in the upper part of the internal cavity that allows the cooking steam to be expelled externally through the tangential fan.

KenwoodAutograph Collection

Kenwood introduces the new Autograph Collection kitchen appliances. These are (compact) food processors and a hand mixer in a matt black design with powerful motor power and lots of innovation.
The new Autograph Collection from Kenwood not only convinces with inner values, but also looks good. Kenwood says: “Gone are the days when cooking appliances had to be quickly stowed away in shops or storerooms before the visitor rang the doorbell. The new Autograph Collection is a pleasure to look at – and even more so to watch. Because it’s not just the exterior that impresses: Innovations that make work much easier for all cooking and baking enthusiasts are waiting under the chic bowl.”

The collection includes the Titanium Chef Baker KVC85.004BK and the Titanium Chef Baker XL KVL85.004BK . The 1,200 watt motor in a stylish housing with a brushed metallic black look can stir undisturbed and uninterrupted. Thanks to the integrated scale plus timer, the ingredients can be weighed precisely directly in the mixing bowl. With the DuoBowl function there is an additional 3.5 liter bowl that can be stored in the large 5 liter bowl to save space (the XL model comes with a 5 liter and a 7 liter bowl). The machine’s fold-in feature allows for feather-light meringues and mousses. In addition, there are 25 optional accessories. Included are the balloon whisk, the dough hook, the K hook and a professional patisserie hook. MultiPro XL Weigh+ FDM72.990BK is considered to be the beautiful all-rounder among kitchen appliances and the ideal device for letting creativity out when cooking. Kenwood describes: “Behind the brushed metal black housing is a 1,000 watt variable speed motor. This fine-tuning allows for power, flexibility and control, while the built-in scale and timer provide a precise overview. The highlight of the compact food processor is the unique XL feed chute, which speeds up food preparation. Thanks to the extra wide opening, larger ingredients can also be processed without any problems, which reduces the preparation time many times over.”

The adjustable cutting disc, peppered with 10 micro-serrated EverSharp blades, offers 6 different cutting options – from super fine to extra thick. And if you’re in a hurry, you’ll love the Express DiceTM function, as Kenwood says: “You can use it to dice everything in no time at all: from chips to raw vegetables. But ingredients can not only be processed in their raw state. The time-saving, Kenwood-patented ThermoResistTM glass blends everything from piping hot soups to ice cold drinks and smoothies.”

Fast and powerful
The Quickmix+ HMP50.000BK is a powerful and high-quality hand mixer that works very quietly despite a 650 watt motor. Kenwood explains: “Precise whipping of creams, egg whites & whipped cream is possible with the variable speed control. The soft start function is particularly innovative and practical, whereby the speed increases gradually so that all the ingredients stay clean in the bowl. The SureGripTM handle also ensures safety when handling the device and the SureEjectTM function prevents the whisks from being removed accidentally. The hand mixer comes with a dough hook and whisk as well as an integrated cord holder that allows for tidy storage

Groupe SEB buy Zummo

Groupe SEB gains a foothold in the professional juice extraction world with the acquisition of Zummo, the world leader in automatic fruit juice extractors, joins Groupe SEB’s portfolio of professional brands. The acquisition of this world-renowned Spanish company, founded in 1992, will enable the Group to meet its strong development ambitions in this segment.
In 2021, the professional business accounted for 8% of Groupe SEB’s total sales, or €628 million.

Ufesa will present its novelties at IFA 2022

Ufesa will participate in IFA 2022, the world reference fair for consumer and home electronics, which will be held at the Messe fairgrounds in Berlin between September 2 and 6.

The brand will be present at the B&B Trends stand , where it will share the spotlight with Zelmer, another of the group’s brands.

Thus, B&B Trends chooses IFA for the fourth consecutive year to present its latest developments, among which this year air fryers and super-automatic coffee machines will be highlighted by Ufesa; and on the other hand, vacuum cleaners, kettles and meat grinders from Zelmer.

“The B&B Trends group stands out for its wide range of high-quality, self-manufactured technological solutions, and that is what we want to make known at IFA as the sector’s benchmark fair,” said Albert Diaz, product manager.

With its presence at this great event in the sector, the company seeks to strengthen its position in the market, in addition to presenting its latest product news and innovations

Whirlpool Reports Q2 Results,

GAAP net loss margin of (7.3)% and GAAP loss per diluted share of $(6.62) impacted by non-recurring charges of $747 million, largely driven by loss from sale of Russia business and EMEA asset impairment
Delivered ongoing (non-GAAP) EBIT margin(2) of 9.0% and ongoing (non-GAAP) earnings per diluted share(1) of $5.97, despite elevated cost inflation and demand slowdown
North America region delivered strong results with EBIT(3) margin of 14.1% led by previously executed cost-based price increases offset by lower volumes and elevated cost inflation
Returned ~$400 million in repurchases and dividends in the quarter, on track with commitment to return over $1.5 billion to shareholders in the year
Progressed EMEA strategic review and global portfolio transformation with the agreement to sell the Whirlpool Russia business
Revised full-year 2022 guidance to $9.50 to $11.50 earnings per diluted share on a GAAP basis and $22.00 to $24.00 on an ongoing basis(2), cash provided by operating activities of $1.85 billion and free cash flow(4) of $1.25 billion FULL-YEAR 2022 OUTLOOK

Expect full-year 2022 revenues of approximately $20.7 billion (down approximately 6 percent)
Reduced earnings per diluted share from $24.00 to $26.00 to $9.50 to $11.50 on a GAAP basis and $22.00 to $24.00 on an ongoing basis(2)
Reduced cash provided by operating activities to $1.85 billion from $1.95 billion; free cash flow(4) of $1.25 billion remains unchanged
Updated GAAP and adjusted tax rate (non-GAAP) from 24 to 26 percent to a GAAP tax rate of 34 to 36 percent and an adjusted tax rate (non-GAAP) of 21 to 23 percent