De’Longhi, positive Q1

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During the first quarter 2021, De’ Longhi net revenues reached 678.7 million euro, up by 72.6%. Adjusted Ebitda, instead, recorded 128.6 million euro, up 205.3% and equal to 18.9% of revenues, with an improvement of 8.2% compared to the previous year. Ebit was of € 108.2 million euro, up by 516.3% and equal to 15.9% of revenues and net profit of 80.9 million euro, up 636.2%, equal to 11.9% of revenues. Morevoer the Group recorded a positive net financial position of 318.2 million euro, improving by 86.2 million euro in the quarter.

The extraordinary results achieved – commented De’Longhi CEO Massimo Garavaglia – further consolidate De’Longhi’s position among the leaders of the industry. The Group has been able to seize all the opportunities offered by the market in these months of great uncertainty, thanks not only to its brands and products portfolio but also to the great production flexibility and the adaptability of teams and organization. I take this opportunity to thank all the employees of the Group for the dedication, commitment and professionalism shown in recent months, without which we would not have been able to achieve these goals.

Looking at the next future – added garavaglia – the continuation of the development trend of coffee and kitchen, strengthened by the increased attention of consumers towards the home environment, support our positive expectations for the coming quarters. In particular, the signals that we receive from the markets in these first weeks of the second quarter reasonably suggest, for the remaining months of the year, a very robust and more sustained sales trend than initially expected; in light of this, therefore, we revise upwards our guidance for the current year and for the new perimeter including Capital Brands, now forecasting revenues growing at constant exchange rates at a pace between 28% and 33% (i.e. in the range 18 % – 22% on a like-for-like basis) and an adjusted Ebitda in line with 2020 as a percentage of revenues. This expected dynamic will allow us to continue the previously announced strategy of increasing investments in marketing and communication, in support of our brands and products, thus fueling a virtuous circle aimed at medium-long term growth strategy.

Ifa will come back as a live event in 2022

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Ifa 2021 will not take place in September as a physical live event as originally planned. The decision was made after detailed conversations with public health experts and multiple stakeholders. The organization explained that several key global health metrics did not move as fast in the right direction as had been hoped for – from the rapid emergence of new Covid-19 variants, for example in South Asia, to continued uncertainties about the speed of the rollout of vaccination programmes around the world. This in turn is adding uncertainty for the companies that were committed or interested in coming to Berlin, as well as media and visitors. Moreover, Messe Berlin has converted parts of its exhibition area into a vaccination centre and an emergency hospital facility; both are now likely to be required for longer than originally anticipated.

We did not take this decision lightly – said Martin Ecknig, the ceo of Messe Berlin -. Ifa Berlin is arguably the most important event of the year for brands and retailers alike. IFA Berlin connects our industry with trade visitors, media and real consumers like no other event. However, the health and safety of everybody has to be absolutely paramount. The efforts to contain this pandemic – from the roll-out of vaccination programs to the resumption of international travel – did not happen at the pace we had hoped for. Given these developments, this difficult and disappointing decision was inevitable.

Ifa 2021 will not take place in September as a physical live event as originally planned. The decision was made after detailed conversations with public health experts and multiple stakeholders. The organization explained that several key global health metrics did not move as fast in the right direction as had been hoped for – from the rapid emergence of new Covid-19 variants, for example in South Asia, to continued uncertainties about the speed of the rollout of vaccination programmes around the world. This in turn is adding uncertainty for the companies that were committed or interested in coming to Berlin, as well as media and visitors. Moreover, Messe Berlin has converted parts of its exhibition area into a vaccination centre and an emergency hospital facility; both are now likely to be required for longer than originally anticipated.

«We did not take this decision lightly – said Martin Ecknig, the ceo of Messe Berlin -. Ifa Berlin is arguably the most important event of the year for brands and retailers alike. IFA Berlin connects our industry with trade visitors, media and real consumers like no other event. However, the health and safety of everybody has to be absolutely paramount. The efforts to contain this pandemic – from the roll-out of vaccination programs to the resumption of international travel – did not happen at the pace we had hoped for. Given these developments, this difficult and disappointing decision was inevitable.

The organisers of Ifa are now working with their partners from industry, trade and media to get everything ready for IFA 2022, which will be held as a full-scale live event at the Berlin exhibition grounds from 2-6 September 2022.

Galanz launch range of small kitchen appliances

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Galanz USA has launched a new line of small kitchen appliances ( Ska ), including 6 new products, designed for space-saving and multifunctional cooking. «Our new Ska collection addresses the home cooking trends we are seeing in the marketplace –

commented Courtney Royko, senior director of product development and marketing, Galanz Americas -. Consumers are seeking affordable appliances with innovative, multifunctional, space-saving features. Through thoughtful research and refinement, Galanz created this new line of sleekly designed, feature-rich, value-priced appliances home chefs will use and enjoy for many years». The small kitchen appliance collection will start launching mid-June and rollout during Q3 at retailers nationwide.

The new Galanz Ska Collection includes the 32L digital toaster oven with quartz heating (GTS311S2EWAQ18), for 30% faster cooking. It features 12 presets such as air fry, dehydrate, pizza, toast, bagel, roast, vookie, convection, broil, rotisserie, bake, and warm. Galanz Grind & Brew Coffee Maker (GLDC12S110A), instead, is a 12-cup drip coffee maker with built-in conical burr grinder. The collection also includes the Multifunctional Air Fryer/Grill (GLSCX608S1A15) with 8 pre-programmed settings: sauté, slow cook, roast, steam, rice, grill, sous vide, and air fry, plus automatic keep warm; the Hot/Cold High-Speed Blender (GLCB60ES210A) with dedicated heating functions for cooking, 8 pre-programmed functions; smoothie, frozen drinks, milkshake, ice.

New Electrolux induction hob

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Flexibility in your kitchen design, consider the new Electrolux TotalFlex induction hob.

Just switch on the hob and place a pan in any place that you find convenient. The TotalFlex automatically detects pans of any shape or size, allowing you to cook anywhere on the hob’s surface.

For increased usability, it’s also possible to combine two zones into one larger one, so bigger pans or a plancha grill can be used without any problems.

As soon as a cooking zone is in use, the timer of any position can be called up quickly and easily via the touchscreen display. And because each dish is individually and precisely timed, you can be assured of absolute control over the cooking process.

The TotalFlex also features Hob2Hood, a handy function that automatically controls the extraction power and the hood lighting, leaving the cook hands-free to concentrate on perfecting their dishes. 

https://youtu.be/kMwJzf0innM

Beko new eco appliances

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Beko unveiled seven sustainable products including a washing machine/washer dryer, oven, tumble dryer, refrigerator, espresso coffee maker and dishwasher to help consumers reduce their impact on the environment. The innovative products use recycled materials such as such as PET bottles, fishing nets; bio-composites such as coffee residue and eggshells; as well as detergent saving technologies for sustainable living.

At the event, Beko shared a Europe-wide survey on people’s attitudes and concerns about sustainability. Its results show that the vast majority of Europeans (UK 88%, IT 88%, ES 87%, DE 84%, FR 78%, PL 74%) of the six countries asked said they feel it is their personal responsibility to make a difference by minimizing waste, water and energy use in their daily lives. The number of people thinking it is down to others, such as the government or business, or who think that they cannot make a difference, is negligible.

Recycling is found to be the most popular activity linked to sustainability that people practice at home. Interestingly, this activity scores significantly higher in the UK market at 84% compared to all others, with Italy coming closest at 78% and Germany last at 66%.

When asked what else they could do to protect the planet, respondents list in order of effectiveness, buying sustainable products, fighting food waste, reducing air travel and eating less meat. The main obstacle to living more sustainably at home is found to be the perception of high prices of sustainable products in all countries.

Price is the most important decider when buying a home appliance, with longevity and environmental friendliness coming in after, despite most of the respondents (IT 88%, ES 86%, FR 85%, PL 84%, UK 77%, DE 75%) agreeing on the importance of purchasing sustainable home appliances that have a meaningful positive impact on our planet.

Hakan Bulgurlu, CEO of Arçelik, said, “Our goals in sustainability and our leading efforts in innovation are two great parts of the same whole. Their evolution depends on each other. It is up to us to find better, more environmentally conscious ways of conducting our lives. With a series of eco-friendly Beko appliances, customers can now fully equip a sustainable home.”

Arçelik’s CMO, Zeynep Yalım Uzun added “Beko’s brand purpose is empowering future generations to live healthier lives, which is only possible by living more sustainably and working towards a healthier planet. All our actions and every product we use has an impact on nature. So, beyond this seven-product portfolio, we are eager to adapt our existing technologies to make all our appliances more environmentally friendly too. For Beko, this is only the beginning.”

“At Beko, we are passionate about democratizing technology, making it affordable and ensuring that as many people as possible have access to it. By making sustainability a business model and integrating it into everything we do, we strive to reduce human environmental damage through developing high-performance, durable, affordable home appliances that are also eco-friendly”, said Arçelik’s CCO Ragıp Balcıoğlu.

”We have to protect and preserve the environment for future generations and now, more than ever, we must act and make changes in this direction. Beko has taken this step and we are proud to offer Romanian customers access to ground-breaking products that will help them lead a sustainable life. We actively support the group’s mission on sustainability and have integrated this component as a vital part of our business model, and the production unit in Ulmi, the only 4.0 factory in Romania, represents our commitment in this direction”, said Murat Büyükerk, Chief Arctic Executive Officer.

Products with recycled materials for the planet:

EcoTub Washing Machine & Washer Dryer*

  • Plastic waste transformed into a valuable alternative raw material
  • Approximately up to 60 recycled 0.5L PET bottles used in the tubs of washing machines and washer dryers on certain models
  • Recycled PET flakes used along with other plastics and additives without an effect on the tub’s effective performance
  • World’s first example of this type of application in home appliances
  • This eco-friendly new manufacturing method significantly lowers carbon dioxide emissions
  • Since the beginning of this project in 2017, 58 million plastic bottles have been recycled with a reduction of CO2 emissions by almost 2,200 tons.

EcoFiber Oven

  • A sustainable material from recycled fishnet waste and industrial thread waste
  • 5% recycled fishnet waste and 65% industrial thread waste used in plastic parts such as door decor plastic and display cover
  • 50% of the BI Oven inner display cover made from industrial thread waste

GreenDry Tumble Dryer

  • Uses recycled plastic in 15% of its plastic parts on average, including in the water tank housing and back cover
  • In the past two years, 2,420 tonnes of plastic were recycled for this cause.

Products with bio-composites for the planet:

BioCycle Refrigerator

  • Durable components composed of bio-based plastics
  • Egg trays made from eggshell wastes and bioplastics
  • Each fridge’s two egg trays** contain eggshell waste from 5 eggs.
  • The fan cover is 100% bio-based plastics (33gr) from sustainable resources such as corn starch or sugarcane
  • The door seal is 25% bio-based (soybean oil) materials (195 gr).

BioCoffee Espresso Machine

  • Developed with bio-composite technology
  • Each Espresso Machine is made of five cups of coffee residue, reducing carbon footprint by 5% in bio-composite parts

Product that reduces chemicals:

AutoDose Dishwasher

  • AutoDose dispenses the right amount of detergent for sparkling clean dishes every time
  • In each wash, up to 28%**** less detergent used with Autodose for a healthy living on a healthy planet

*Current products available from the Çayırova Washing Machine Plant are 8-9-10 kg 1400-1600 rpm WM and 8/5kg & 10/6 kg WD. The target is to expand PET usage to other plants.

**The number of egg trays can change according to the model

*** For lightly soiled dishes & gel detergent usage

BORA REVOLUTIONARY STEAM OVEN

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https://m.youtube.com/watch?v=S7daMAXK3ic

Passionate about steam.
Having developed the revolutionary BORA extraction technology, we are now using steam in its finest form – for cooking. The BORA X BO – the first flex oven and professional appliance for the household sector – is bringing the new comfort of cooking into the kitchen.

Foldable 19-inch full-graphic touch display,
high-resolution, with sensor technology
similar to a smartphone

BORA Clear View provides good visibility: the steam is automatically extracted backwards out of the oven chamber before the door is opened. This prevents users from getting a face full of steam when they open the door. The duration of the extraction and the amount of steam to be extracted can be freely adjusted. Users can also completely disable the steam extraction or open the door before the steam has been extracted.

If the BORA Smart Open door function has been activated, the steam will be extracted from the oven chamber before the door is unlocked. This prevents users from getting a face full of steam when they open the door. If they leave the door in the same position after it has been unlocked, it will close automatically again after a while – protecting the food and saving energy!

BORA X BO thoroughly cleans and descales its oven chamber with hot steam and the environmentally friendly active ingredients in the BORA cleaning cartridge. This cleaning method is extremely convenient for users and ensures a long appliance life.

The unique multi-point food thermometer enables users to reliably determine the optimum cooking temperature. Located at the top of the oven chamber, it is inserted into the food to be cooked, e.g. meat or fish. The user does not even have to search for the optimum measuring position as there are multiple measuring points along the probe so as to always detect the coldest area in the food. Once the food has reached the pre-programmed target temperature, the cooking process automatically finishes.

Dimensions (width x height x depth)595 x 595 x 580 mm