Haier 2017 report

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Haier’s 2017 Annual Report released on April 3rd, Haier posted revenue of 159.254 billion RMB, a year-on-year rise of 33.68%, with profit up by 28.77% year-on-year to register 10.544 billion RMB. Net profit attributable to shareholders of the parent company came to 6.926 billion RMB with a growth of 37.37% compared to a year ago. Basic earnings per share reached 1.136 RMB with a year-on-year growth of 37.36%.

Qingdao Haier attributed its strong track record to its efforts in leading high-end market domestically with an upgraded product mix, and expanding brand presence in overseas markets, which took the lead in profit.

According to data from China Market Monitor, the market share of Qingdao Haier’s refrigerators, washers, air conditioners, water heaters, hoods, ranges grew by 3.4%, 2.3%, 0.5%, 1.3%, 1.12% and 1.06% in retail sales value terms in 2017. Its leading position in refrigerators and washers was consolidated, with a market share 2.9 and 1.7 times of that of the runner up by retail sales value in the two respective sectors. In 2017, Carsate, Haier’s high-end brand, saw its revenue rise by 41% with a market share of 35% in China’s high-end home appliance (priced above 10,000 RMB) market. Carsate’s refrigerators and washers took a market share of 30% and 69% respectively in the markets of respective products charged above 10,000 RMB, and its air conditioners 40% in the market of air conditioners priced above 16,000 RMB.

As to channels, revenue from e-commerce platforms surged with a growth of 70% in 2017, following its deployments in rebalancing channel mix, expanding consumer touch points and improving the share of high-end products. Connecting online stores, offline stores and Wechat-based stores, ehaier.com integrates its networks of marketing, logistics, information and service as an interactive platform running around the clock, creating transaction value of 4.5 billion RMB thanks to its 1 million Wechat store owners, 20,000 offline stores and 30,000 user communities

Hoover Small domestic appliances

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Mirko Poggi is the new Head of the Hoover Small Domestic Appliances (SDA) Italy division of the Candy Group. He will lead the sales and marketing SDA Italy team, with the aim of developing the business and increasing the market share to contribute to the sales growth of the Candy Group, which aims to achieve 2 billion euros in the coming years

Anhui kingsun

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Anhui kingsun washing machine Co., Ltd. is wholly owned subsidiary of Ningbo Kingsun Group Co., Ltd. Ningbo Kingsun Group Co., Ltd. established in 1985 and locates in Henghe Industry Zone, Cixi City. Kingsun Group specializes in washing machines’ R&D, manufacturing and marketing

Also the company is known as one of the 100 top companies of Ningbo.

Kingsun got the top place of twin-tub washing machine export among the industry in the past three years. 60% of the products are sold to over 50 countries and regions, such as Europe, America, Africa, the Middle East, Southeast Asia,

Aksu

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Aksu Toast Machines Company, which has been fulfilling all the needs of Turkish and World kitchens for more than 50 years, was established in 1958’s. The firm-one of the first producers of the toast machines in Turkey-has been producing new and pioneering models that are preferred in most kitchens. Aksu has the principle of ‘quality products’ and Its personnel are experienced. This is what makes it a company which has a qualified variety of products preferred in kitchens. As a conclusion of this progress, It has increased Its share on the World market and Its capacity to export its products, most commonly in European and Middle East countries

Brandt

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Brandt is a French brandname producing various home equipment, created in 1924 by Edgar Brandt as a part of Hotchkiss-Brandt. Today, the company currently is owned by Cevital.

In 1924, Brandt is established.
In 1966, Hotchkiss-Brandt merges with Thomson (now Thomson SA).
In 2000, Brandt merged with Moulinex.
In September 2001, Moulinex became bankrupt and its activities were taken over by Groupe SEB.
In 2002, Brandt was taken over by Elco Holdings, an Israeli holdings and appliance company. [1]
In 2005, Elco-Brandt was bought out by Fagor, becoming FagorBrandt.
In 2014, The Algerian conglomerate Cevital bought Brandt.

 

Manufacturing facilities
current :

Orléans (France) : Production of cooking appliances
Vendôme (France) : Production of cooking appliances and kitchen hoods
Sétif (Algeria) : Production of washing machines and dryer

Samsung Showcases its Latest Innovative Appliances at EuroCucina 2018

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Samsung Brings New Dual Cook Flex™ Oven and Other Kitchen Innovations to World Renowned Kitchen Trade Fair in Milan

Samsung Electronics today announces its first participation in the biennial EuroCucina 2018 in Milan, as part of its commitment to strengthening its presence in the European market. Samsung’s exhibit aims to elevate the company’s brand image and reputation among consumers in the region with products that make a real difference to consumers’ lives.

“We’re very pleased to be showcasing our latest appliances here at EuroCucina in Milan for the first time,” said BK Kang, Samsung Electronics’ Executive Vice President, Head of Global Sales & Marketing, Digital Appliances Business. “We hope our participation at EuroCucina signals our dedication to providing innovative home appliances that bring kitchens to life and give consumers real benefits they can experience every day.”

Consumer-centric Innovation with New Dual Cook Flex™

Samsung is introducing its full built-in product lineup at EuroCucina, and among the range of unparalleled kitchen solutions is the brand new Dual Cook Flex™ oven. Its EU-industry-first innovation “Flexible Door” gives consumers independent access to the upper oven compartment without losing heat and compromising cooking performance in the lower compartment. The upper and lower compartments can even be used as one bigger compartment for large dishes by removing the divider.

Dual Cook Flex™ also makes it easier to prepare multiple dishes using the Dual Cook system. Consumers can set two different temperatures and times for each compartment to achieve the best taste possible during simultaneous cooking. The Dual Cook also prevents odor mixing between compartments, ensuring optimal cooking performance. Enabling consumers to use the upper compartment only, the Dual Cook also enhances energy efficiency by cutting down preheating time and overall energy usage.1

Dual Cook Flex™ offers a range of smart features for optimized cooking. For example, consumers can conveniently start preheating the oven and remotely monitor and control cooking conditions while on the go via the SmartThings app. In addition, the Cooking Guide recommends the best cooking mode, temperature, and cooking time based on the ingredients and type of food being made.

Smarter Living with AI/IoT Solution

As part of Samsung’s presence at EuroCucina, there will be demonstrations of how key home IoT products work together seamlessly. Samsung plans to maximize its smart/IoT leadership by providing customized smart solutions. Visitors will be able to experience Samsung’s unique home IoT technologies through Family Hub and its smart built-in offerings.

On display will be the superior smart connectivity of the Dual Cook Flex™ and the latest generation of Family Hub™ that is integrated with SmartThings. Family Hub™ gives consumers an easy, convenient and harmonized experience for connecting all smart devices in the home, with features like Bixby, Meal Planner, Shopping List, and Recipes that provide real life smart experiences in the kitchen.

Innovative Technology and Flat Design in the Kitchen

At the Samsung booth, visitors will be able to experience and understand the company’s unique kitchen technologies. This includes the WaterWall™ dishwasher that perfectly cleans all dishes from corner to corner, and Virtual Flame™ cook top, which provides the intuitive visual control of flames. Samsung’s Twin Cooling Plus™ technology will be showcased as well, in a transparent display to exhibit how the system controls the refrigerator and freezer independently.

In addition, Samsung’s premium designs will also be on display, including flat design, a minimalist design that seamlessly harmonizes all lines into one and maximizes usability. Samsung also displays its black stainless-steel built-in package and Dacor’s Modernist collection.

To further demonstrate Samsung’s innovative and smart appliances, Samsung will host a launch conference for partners and media on April 18th at the Auditorium of Salone del Mobile and an exclusive Samsung Club des Chefs cooking show the same day, led by Michelin-starred chefs at the Samsung booth in Hall 15. EuroCucina, and its ancillary Technology for the Kitchen Event, runs as part of Salone del Mobile Milano from April 17th to the 22nd.

1Total energy consumption reduced up to 20% and the preheating time is 4 min according to the result of internal testing in the upper compartment based on IEC- 60350 test protocol (small cakes, convection 155℃, compared to when using the whole compartment). Results may vary depending on the cooking item, use, and other factors.

WEEE collection in Italy grows by 5%

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According to the annual report of the WEEE Coordination Center (Centro di Coordinamento RAEE), in 2017 the total collection of WEEE managed by the Collective Systems amounted to 296,274,320 kg in Italy. A satisfactory result that reinforces the growth trend started in 2014 with a further annual increase of 4.7%, ie over 13 million kilograms of WEEE collected more than the previous year. The average per capita figure stands at 4.9 kg per inhabitant. The network of Collection Centers active in the national territory includes 4,076 structures, with a further improvement of the service available to citizens and consumers for the correct conferment of WEEE. Considering the different appliances, the R2 Group (major white appliances) has totaled over 96 thousand tons of WEEE and is the most collectedAccording to the annual report of the WEEE Coordination Center (Centro di Coordinamento RAEE), in 2017 the total collection of WEEE managed by the Collective Systems amounted to 296,274,320 kg in Italy. A satisfactory result that reinforces the growth trend started in 2014 with a further annual increase of 4.7%, ie over 13 million kilograms of WEEE collected more than the previous year. The average per capita figure stands at 4.9 kg per inhabitant. The network of Collection Centers active in the national territory includes 4,076 structures, with a further improvement of the service available to citizens and consumers for the correct conferment of WEEE. Considering the different appliances, the R2 Group (major white appliances) has totaled over 96 thousand tons of WEEE and is the most collected

Electrolux Pro acquisition

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Electrolux today announced it has agreed to acquire Schneidereit GmbH, a supplier of laundry rental solutions for professional customers in Germany and Austria.

Schneidereit GmbH solutions allow customers a carefree experience by supporting the product throughout its lifetime. This enables customers to run their businesses without worrying about asset ownership or maintenance.

The acquisition enables Electrolux to develop its offering within the professional laundry business and supports the long-term profitable growth in Europe.

“Schneidereit adds a complementary business model to the Electrolux Professional offer, enabling us to help provide great experiences to an even wider customer base,” said Alberto Zanata, Head of Electrolux Professional. “We’re excited about the opportunity to leverage Schneidereit’s competence in developing the way we do business, exploring functional sales which is an interesting growth area in our industry.”

Net sales in 2016 amounted to around EUR 18 million (around SEK 175 million) and the company has approximately 110 employees throughout Germany.

The acquisition is expected to be completed during the first quarter of 2018 and is subject to regulatory approvals.

Miele and Yujin

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Miele is set to intensify its strategic cooperation with the Korean robotics specialist Yujin. The company is currently producing the jointly developed Scout robovac for Miele. The common goal of the two companies is furthermore to open up new applications in the field of robotics. To this end, Yujin is increasing its equity and, as part of this, the Miele Group is injecting capital to the tune of € 40 m.

Yujin Robot was founded in 1988 in the Korean capital Seoul. The company develops, produces and markets robotic products and components for use in households, businesses, logistics and further applications. Today, Yujin records an annual turnover of € 45 m with a workforce of around 150 and counts in Korea among the most experienced and innovative representatives of its branch. Miele is the world’s leading premium manufacturer of domestic appliances and commercial machines. In floor care, Miele is market leader in Europe with annual sales in excess of 2.5 m units.

The partnership between the two companies dates back to 2012 and the joint development of a robovac for domestic use. Meanwhile, the Miele Scout RX1 has very successfully established itself in the marketplace since 2014. The turn of the year will see the launch of its successor, the Scout RX2, with a three-fold increase in suction power, finer-tuned navigation and useful features such as the transmission of live images from the home to a tablet PC or smartphone. The Scout RX2, too, was jointly developed by the two partners and is produced by Yujin.

Miele’s increased stake in Yujin is an expression of both parties’ intention to sustainably intensify and expand their cooperation. This goes beyond the robovac segment which continues to experience strong growth. ‘Both with a view to the product range and automation of production as in Smart

Manufacturing, robotics is steadily increasing in significance at Miele’ says Dr. Stefan Breit, Miele Group board member responsible for technology, ‘that’s why we are so pleased at having found such a first-class partner in Yujin with whom to shape our joint future’. Collaboration with Dr. Kyung Chul Shin, second-generation CEO of Yujin, and his local management team is a ‘central element’ in this respect.

Conversely, Shin sees the Miele Group as a strong and reliable partner offering a stable equity structure whilst maintaining the autonomy of the company: ‘By pooling expertise and resources we are able to exploit huge opportunities in the development of new products and technologies and in tapping new markets’.