Sabaf is a company listed on the Italian Stock Exchange , which deals with the production of components for domestic gas cooking appliances, has published its financial results for the first nine months of 2022.with revenues up by 0.4% to 201.62 million euros, compared to the 200.77 million obtained in the first three quarters of 2021. gross operating margin which fell from 44.17 million to 33.46 million euro (-24.3%); as a result, margins worsened from 22% to 16.6%.The company’s net debt, given at the end of September 2022, had increased to 78.8 million euros, compared to 67.61 million at the beginning of the year. In terms of investments, Sabaf invested a total of 16.1 million euro in the first nine months of the year, while operating activities generated cash of 13.65 million euro.
However, Sabaf’s management confirmed the forecasts for 2022 which expect to achieve sales of between 253 and 256 million euros, including the consolidation of the fourth quarter results of the newly acquired PGA
Miele Bluewater Christmas
Wednesday 9th November Miele London launched their exclusive Christmas activation at our Experience Centre in Bluewater.
Miele wanted to activate a show-stopping window to encourage consumers to experience Miele. The Miele Kaleidoscope is a visual metaphor for bringing to life ‘extraordinary’ and the design evokes a sense of festivity. The concept of the Experience Centre is to really bring the Miele brand to life. It’s a destination of discovery, where consumers can truly experience how extraordinary products are for themselves.
New opportunities for small household appliances as adoption of IOT grows
What is the Internet of Things?
The Internet of Things (or IoT for short) is a network of devices all connected wirelessly by the internet that can collect, share and act upon data without the involvement of human beings to make our lives better and improve the world around us.
The rapid adoption of internet of things (IOT) technology is driving growth within the small household appliances sector, according to a new report from ResearchAndMarkets.com.
The report states that the small household market in the US was valued at approximately €24.6 billion ($24.64 billion) in 2021. That figure is estimated to reach around €33 billion ($33.05 billion) by 2027.
The adoption of IOT technology, along with rising consumer awareness about said products, is predicted to drive demand for the small household appliance market in the US. ResearchAndMarkets.com forecasts that the US small household appliances market will have a compound annual growth rate of 5.01% from 2022 to 2027.
The report explains that the US small household appliances market is made up of ten product types: small kitchen appliances, vacuum cleaners, grills and roasters, coffee machines, microwave ovens, irons, hair clippers, toasters, hair dryers and electric kettles.
There are a number of market drivers leading to a rising demand in small household appliances. One of the drivers is the desire from consumers to have a residence with advanced facilities, such as a dishwasher or coffee machine. As well as this, there is a perceivable increase in single-person households, urban populations and smart homes too. Also driving growth within this market segment is the rising millennial population.
Among the trends in the small household appliances market is cloud technology: “the evolvement and rise in cloud technology have supported and enriched the smart home technology,” the report notes. Other significant trends include the widespread adoption of internet of things (IOT), the rising prevalence of social media, along with innovations within artificial intelligence technology.
Elica NikolaTesla unplugged
NikolaTesla Unplugged is the new Elica proposal that marks a further turning point in the aesthetics, functions and use of the vacuum hob. A natural interaction for guaranteed cooking results. https://m.youtube.com/watch?v=0E0Jik_V3nU
LG moodup
MoodUP™ refrigerator by LG is this year the addition to the LG Objet Collection lineup. Featuring colour-changing LED door panels that can be easily controlled with the LG ThinQ app, MoodUP is a very customizable model. «The ultimate fridge for those who enjoy variety and change in their living environment – LG says -, the MoodUP can be ‘refreshed’ with a different color combo whenever the mood takes hold. And for those planning to redecorate their kitchen, the MoodUP can easily match any new décor by changing colours on the app».
‘LG Objet’ concept was launched in 2018, to meet the rising demand for home appliances that can blend in well with each consumer’s decorating style. LG Objet solutions are a premium combination of home appliances and furniture that delivers modern convenience as well as seamless stylistic and spatial integration. LG Objet Collection convertible fridge and freezer become point item with pink color in simple kitchen.
In October 2020, the company presented the LG Objet Collection, that included products with the latest technologies with an aesthetic that harmonizes effortlessly with one’s taste in décor, whatever it may be and however it might change. Offering various combinations of colours and finishes to choose from,
WMF compact range
New elegant compact device series
New from WMF
“Elegant, timeless and without compromising on functionality” – this is how WMF describes the new three-part compact appliance series WMF KITCHENminis DEEP BLACK, which is particularly suitable for single people and smaller households. “Elegant, timeless and without compromising on functionality” – this is how WMF describes the new three-part compact appliance series WMF KITCHENminis DEEP BLACK, which is particularly suitable for single people and smaller households.
The WMF KITCHENminis series is well known. It is primarily designed for single people and smaller households and has so far been presented in Cromargan, which is typical of WMF. WMF is now launching the three-part compact appliance series KÜCHENminis DEEP BLACK on the market.
For single or small households, due to the usually limited space available, compact products are required, which in the best case also look good. This is where the new WMF KITCHENminis breakfast set , consisting of a toaster, smoothie-to-go and kettle , comes into play. The three “minis” are presented in a matt black design and a timeless look and, despite their smaller dimensions, combine all the requirements for quality and function , as WMF describes. The robust, durable matt black stainless steel housing is combined with elegant, black high-gloss elements.
The new edition of the KÜCHENminis DEEP BLACK will be available in stores from November 2022 . WMF describes the three models as follows:
WMF KÜCHENminis long slot toaster
Up to 7 browning levels
Versatile functions: toasting, reheating, defrosting frozen bread slices, bagel toast setting
Integrated attachment for rolls and croissants
Removable crumb tray
RRP: 109.99 euros
WMF KITCHENminis Smoothie-to-go
300 watts of power and 23,000 revolutions per minute
Leak-proof screw cap
Ice cubes are crushed effortlessly for chilled, refreshing smoothies and other mixed drinks
Exclusive WMF Perfect Cut technology and high-quality 2-blade stainless steel knife for excellent chopping and mixing results
Two odorless, tasteless and BPA-free TRITAN mixer/drinking bottles
Convenient, intuitive operation and optimal ergonomics
RRP: 99.99 euros
WMF KITCHENminis kettle
1,800 watts of power
Internal water level indicator
Wireless 360° socket
Easy opening at the touch of a button
Removable, washable filter traps limescale and other deposits so they don’t spill and allows for easy cleaning
Capacity 0.8 liters
RRP: 109.99 euros
Electrolux supplier awards
Electrolux recognized the performance of its top suppliers from around the world at its 10th Supplier Awards event. To share key messages with the suppliers were Electrolux Group leaders including Jonas Samuelson, CEO, Carsten Franke, COO, Ola Nilsson, Chief Experience Officer, Anna Ohlsson-Leijon, Chief Commercial Officer, Vanessa Butani, VP Sustainability, and Filippo Milanese, Chief Purchasing Officer. Among the winners, there is also Sabaf that won the award in the category Consumer Experience Awards – Taste. “Sabaf supplies various gas and electromechanical components for food preparation across all business areas – Electrolux explains –. They have helped to successfully launch a complexity reduction initiative, standardizing the gas burner elements for ranges across all factories and Business Areas and improving supply resilience, quality and cost”. The other winners are: Maersk (Supplier of the Year); Computime (Operational Excellence Awards – Direct Material); e-llis Supply Chain Solutions (Operational Excellence Awards –Service Provider); Plast Group (Consumer Experience Awards – Care); Suzhou Chunju (Consumer Experience Awards – Wellbeing); Ternium (Sustainability Award). “Congratulations to all of these winning suppliers – commented Filippo Milanese –. Whilst they represent diverse industries, from component manufacturing, raw material, equipment, finish product to logistic providers, they all have one thing in common: they excel in operational excellence, sustainability and innovation, which are key to delivering outstanding branded lifetime experiences for our consumers
Haier tumble dryer factory
Haier new tumble dryer factory in Eskişehir, Turkey reached the one million units production milestone! The milestone dryer rolling out of the factory was the Hoover H-DRY 500, the new high-technology tumble dryer that guarantees outstanding results in terms of performance, care and durability. To celebrate the achievement,
Production team in Turkey joined together with , Nicola De Guida the Chief Operating Officer, and the Haier Europe Industrial Operations team.
Hisense building a new container terminal
After the successful test transports that wad carried out in June this year, in mid-October together with the carrier Cosco, hisense established a regular Trieste-Velenje railway line, along which a special Hisense container train delivers raw materials and components for production, which arrive in the port of Trieste on Cosco ships. Hisense are already building a new container terminal in the Velenje industrial park, which is a condition for increasing the capacity of container transport as planned in the future.
Strategic partners Cosco and Hisense will strive to build on this form of cooperation in logistics to create a win-win situation for mutual benefit and in the future increase the capacity of the block train to Velenje. It has been running regularly since mid-October, once a week, bringing 32 containers of raw materials and components from the port of Trieste directly to the Velenje industrial park each time.
Samsung New built-in cooking
Now available to order in the UK
, Samsung New Series 6 Blue Navy and Series 7 Satin Beige.
▪︎ Wi-Fi connected as standard (All)
▪︎ 5yr Parts and Labour Warranty
▪︎ AI Cooking technology (Series 7)
▪︎ Auto open door (Series 7)
▪︎ Full Steam (Series 6&7)
▪︎ Air Sous Vide
▪︎ Air Fry
▪︎ 40 Auto Cooking Functions
▪︎ Pyrolytic Cleaning
▪︎ 3 Colours Blue, Beige, Black
