Midea Group a global leader in smart home appliances and commercial & industrial solutions, today we announced record-breaking 2024 annual results, with revenue reaching RMB 409.1 billion (up 9.5% YoY). Net profit attributable to shareholders surged 14.3% to RMB 38.5 billion, while operating cash flow hit a historic high of RMB 60.5 billion, underscoring strong operational efficiency.
Half the global population washes clothes by hand which is time-consuming and labor-intensive. To help reclaim time and change lives, the Whirlpool Foundation and The Washing Machine Project have joined forces to bring thousands of manual washing machines to communities around the world.https://www.forbes.com/sites/afdhelaziz/2025/03/04/how-the-washing-machine-project-and-whirlpool-foundation-help-women-gain-independence/?trk=feed-detail_main-feed-card_feed-article-content
The DW60.C is the new generation of professional dishwashers from ASKO professional, engineered to set new standards in performance, hygiene, and user-friendliness.
User-friendliness is at the heart of the DW60.C’s design. The external display, with its centrally located controls, ensures intuitive operation. Designed for ease of use, the display allows quick and precise program selection.
The DW60.C dishwasher is not only a powerhouse of efficiency but also a robust, durable machine, tested with over 20 000 cycles to ensure reliability. With its flexible loading options, low noise levels, and advanced sanitisation features like the SANI Lock, the DW60.C is poised to become an indispensable tool in maintaining hygiene and safety in professional settings.
Electrical retailer AO.com recently reached an incredible trust pilot rating of 4.9 out of 5, from almost 750,000 reviews
Hibsan has made history as the first Turkish range hood manufacturer to achieve the coveted A+++ energy efficiency rating. Renowned for their innovative approach, Hibsan’s range hoods combine cutting-edge design with remarkable energy-saving capabilities, meeting the stringent European standards. The A+++ classification highlights an exceptional balance between low electricity consumption and outstanding extraction performance, cementing Hibsan’s reputation as a trailblazer in the home appliance industry
After nearly five years of dedicated service, V-Zug CEO Peter Spirig is set to step down from his position next month. Taking the reins as his successor will be Christoph Kilian, who is poised to officially assume the role of CEO in April.
Introducing the new Blastcool® Extremis® iXP1 – a high-performance, IP24-certified outdoor fridge, purpose-built for concealed integration into premium outdoor kitchens and living spaces.
✅ Marine-grade 316 stainless steel exterior
✅ Professional-grade stainless steel interior
✅ Cools to 1°C in ambient temps up to 43°C
✅ Adjustable décor panel system for perfect shut lines
LG Electronics is expanding its production facilities in emerging markets such as India and Brazil while strengthening new business channels, including appliance subscription services and B2B operations The company is currently constructing its third factory in India, located in Sri City, Andhra Pradesh, to meet the growing demand for premium home appliances. In Brazil, LG is building a new production facility in Fazenda Rio Grande, set for completion next year. This will be the company’s second manufacturing plant in the country, focused on premium appliances and components
Annual General Meeting of AB Electrolux was held in Stockholm on March 26, 2025.
Shareholders and others had the opportunity to follow the Annual General Meeting live via Electrolux Group’s website. A recording from the Annual General Meeting of the reflections by President and CEO, Yannick Fierling, on the past year, and the strategy going forward will be available on Electrolux Group’s website, www.electroluxgroup.com/agm2025.pp
Frasers Group has raised its stake in online electricals retailer AO World to 25.01%, up from 24.02%, according to a recent regulatory filing.
This move strengthens the Sports Direct owner’s position as the second-largest shareholder in the business, following the retailer’s positive trading update this week.
AO World raised its full-year profit forecast, with adjusted pre-tax profits expected to be between £39m and £44m for the year ending March 31, 2025
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