Groupe Seb published its 2024 annual results, which demonstrate sustained commercial momentum and an improvement in its profitability in a still uncertain economic context. Its turnover reached €8.266 billion and shows an increase of 3.2% in published data and 5% at constant exchange rates and scope.
This performance was mainly driven by the Consumer business , with organic growth of 6% (+9% excluding China). The Group thus returned to solid growth in Western Europe and North America, while Eastern Europe and South America continued their double-digit growth. For its part, the Professional business experienced a year of consolidation after strong performances in 2023. Although its sales fell by 4.5%, 2024 represents the second best year in history in terms of revenue for coffee. ” 2024 was also marked by major strategic advances: the launch of a hub in China for Professional Coffee and the strengthening of our expertise in Professional Culinary with the acquisition of the Sofilac Group ,” said Stanislas de Gramont , CEO.
At the same time, operating profit from activity (ROPA) increased by 10.5% to reach €802 million. The operating margin thus improved to 9.7% of sales, compared to 9.1% in 2023. This increase is explained by a positive volume effect and a decrease in the cost of sales, which more than offset the commercial and marketing investments made to support growth.
Miele continues to invest
Miele closed 2024 with revenues of €5.04 billion, up 1.7% from the previous year, thanks to the acquisition of the SteelcoBelimed joint venture , which specializes in medical technologies. Without the acquisition, sales would have fallen by 2.9% and the number of employees would have fallen by 4.2%.
According to Markus Miele , managing partner, the market presents itself as a “ mosaic ” with variable trends in the sectors of floor care, linen care and household appliances.Miele’s transformation program, with a total investment of 500 million euros , has so far been implemented at 50 percent . A significant point is that, according to Rebecca Steinhage , Head of Human Resources and Corporate Affairs, the threat of forced layoffs no longer looms over regular employees. Instead, the company has opted for a socially sustainable reduction in staff , through early retirement and voluntary resignations.
Regarding the partial relocation of washing machine production to Poland, which will lead to the reduction of around 1,400 jobs in Germany in the coming years , Steinhage emphasizes that the other German plants are not at risk . Overall, the company is more optimistic about 2023/2024 and looks confidently into the new fiscal year.
500 million euros for growth and development
Despite the market challenges, Miele is focused on growth and maintains a positive attitude. The first half of 2024 was particularly difficult, with a recovery in the second half. The built-in appliance sector has yet to recover, while the free-standing appliance sector only recovered in the third and fourth quarters of 2024.
Wittenborg W100 wins the iF Design Award 2025
Evoca Group is delighted to announce that the Wittenborg W100 – the latest innovation from the iconic Scandinavian brand, has been honored with the prestigious iF Design Award 2025.
This globally renowned award is a seal of quality for outstanding design and design quality. It has been awarded by iF International Forum Design GmbH, one of the oldest independent design institutions in the world, for over 70 years.
The award was given in the discipline PRODUCT, category 1.16 KITCHEN, type of entry COFFEE / BEVERAGE MAKER.
The W100 seamlessly blends Scandinavian design – renowned for its minimalism and functionality – with Italian craftsmanship, delivering a product of exceptional quality.
With its groundbreaking features, the W100 convinced the international jury of experts, which consists of 131 independent design professionals, prevailed against the high-caliber competition and deservedly received the coveted seal of approval.
Midea TasteXpress Range Series
The TasteXpress™ range series embodies Midea’s commitment to providing surprisingly friendly solutions for consumers by combining the most advanced technology. Featuring cutting-edge innovations like XpressFry technology and MegaMax capacity, the TasteXpress™ range series deliver outstanding cooking performance, allowing users to prepare meals quickly without sacrificing taste or quality. Whether you’re air frying crispy snacks, baking a roast, or simmering a stew, the TasteXpress™ range series is built to meet the demands of the busiest kitchens.
XpressFry Technology for Crispy, yet Faster Cooking
One of the standout features of the TasteXpress™ Range Series is the incorporation of Midea’s proprietary XpressFry technology – unique feature designed to enhance cooking speed while maintaining exceptional food quality. The XpressFry system utilizes a powerful air fry function, which distributes heat evenly throughout the oven, ensuring that your meals cook faster and more uniformly than traditional methods. Convection technology further supports even cooking, making your food crisp and perfectly cooked in less time.
This advanced technology is ideal for preparing crispy, golden meals like fries, chicken wings, and roasted vegetables in less time. XpressFry reduces cooking time by evenly wrapping food with rapid heat from every direction, achieving a crispy, perfectly cooked result in a fraction of the time. With the TasteXpress™ Range, home cooks can enjoy restaurant-quality meals without the lengthy wait times typically associated with traditional cooking methods.
MegaMax Capacity for Cooking More at Once
The TasteXpress™ Range Series is designed with the modern home chef in mind. With MegaMax capacity, the series provides an expansive cooking space that allows you to prepare large batches of food all at once. Whether you’re preparing a family-sized meal, hosting a dinner party, or batch cooking for the week, the increased oven capacity ensures that you can cook more, saving time and energy.
With 6.3 cubic feet of space in select models (New electric 5-element FSR, stainless, MER30S5AST), the TasteXpress™ Range Series can accommodate everything from multiple casserole dishes to large roasts and pizzas, making it easier than ever to cook for larger gatherings. The 5-element cooktop in select models further enhances the range’s capacity, providing ample space to cook multiple dishes simultaneously, whether you’re boiling, sautéing, or simmering.
Fnac Darty closes the year with +1% and almost reaches 8 billion
Fnac Darty has made public its 2024 balance sheet, which consolidates Unieuro for the month of December alone . Net of Unieuro, sales increased by 1%, reaching almost 8 billion euros (7.93). Substantially stable in France (-0.3%), declining in Belgium and Luxembourg (-1.3) and increasing by 12% in Iberia thanks to the acquisition of the Portuguese stores of Mediamarkt. Online sales, which represent 22% of the turnover, grew by 2.2%.
More comforting are the data on margins: operating profit rose by 6% to 182 million, cash flow and EBITDA are improving as well as the financial position, so much so that the Board of Directors has proposed to shareholders a superdividend of 1 euro, more than double the one paid in 2023.
KBIS 2025
Introducing the Specialista Touch: De’Longhi’s Latest Coffee Machine Innovation
De’Longhi unveiled its latest coffee machine innovation, the Specialista Touch, at the Coffee Fest.
The Specialista Touch features a 3.5” touchscreen that allows you to select from nine pre-set recipes, ranging from a creamy cappuccino to a refreshing cold brew. Its exclusive Bean Adapt system automatically adjusts the grind, dose, and temperature to ensure the optimal extraction of any type of bean. Additionally, its powerful steamer with Auto LatteArt ensures the perfect texture for professional-grade latte art.
What sets the Specialista Touch apart is its ability to guide you through five essential steps to achieve the perfect coffee. Combining touchscreen precision with the experience of manual preparation, it offers:
**Precision Grinding**: With 15 grinding levels and high-quality stainless steel burrs, the Specialista Touch guarantees precision and durability in every dose, whether single or double.
Philips OneUp
Launching the Philips OneUp electric mop. Gone are the days of sloshing around dirty water and endless wringing.
Philips OneUp dispenses clean water while also collecting dirty water✅ 2x Faster. 2x Cleaner ✅ No more buckets, dirty water, or wringing. ✅ Cleans with fresh water while sucking up the dirty one Say goodbye to old-school mopping and hello to a smarter, cleaner, and faster way to keep your floors spotless
JennAir induction hob with extractor
The newly unveiled JennAir 36” Downdraft Induction Cooktop is turning heads at KBIS—and for good reason. Experience the powerful extraction technology and performance
Bertazzoni Carbonio Collection
Bertazzoni SpA showcasing their beautiful new Carbonio collection at KBIS With its bold design and exceptional performance, this series sets a new standard for luxury in the kitchen.
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