Smeg UK has delivered a confident performance for 2025, recording 9.3% year‑on‑year revenue growth and a 20% uplift in profit, according to newly published figures. The business reached £73.7 million in revenue and £1.54 million in profit,
Tag Archives: cooking appliances
From Nokia to the Future Kitchen: Why Standing Still Is the Biggest Risk
Nokia was once untouchable.
A global icon. A market leader. A brand that defined an era.
But when smartphones arrived, the world shifted faster than anyone expected. Nokia didn’t fail because it lacked technology — it failed because the market moved toward a new user experience, a new ecosystem and a new way of thinking.
Today, the kitchen appliance industry is facing its own version of that moment.
The First Shift: From Gas to Induction
Gas hobs are giving way to induction. Not simply because induction is cleaner, safer and more energy‑efficient, but because the kitchen itself is evolving into a more intelligent, connected and adaptive environment.
And just like the jump from feature phones to smartphones, the next transformation is already underway.
The Second Shift: From Fixed Zones to Full‑Surface Freedom
Traditional induction hobs still rely on fixed cooking zones — one circle, one function, one limitation.
Future kitchens won’t accept that.
No‑zone and full‑surface flexible induction will allow cookware to be placed anywhere, creating a more intuitive, more responsive cooking experience. As smartphones replaced button phones, flexible induction platforms will replace traditional segmented heating units.
But that’s only the beginning.
The Third Shift: The Hob as an Energy Base Station
The induction hob is no longer just a cooking appliance.
It is becoming the energy hub of the future kitchen.
With emerging wireless power technologies, the hob surface could supply energy not only to cookware, but to coffee machines, blenders, kettles, food processors and modular accessories. Cables disappear. Countertops stay clean. The kitchen becomes flexible, modular and intelligent.
This isn’t a product upgrade.
It’s a platform revolution.
The Real Question for the Industry
For appliance brands, kitchen manufacturers and technology partners, the question is no longer if this shift will happen.
The question is:
Are we preparing early enough?
At Novanest, they see the future of cooking converging around three pillars:
- Flexible induction
- Wireless kitchen power
- Intelligent platform integration
The next‑generation kitchen won’t be defined by gas flames or fixed heating zones.
It will be defined by freedom, intelligence and a new energy ecosystem.Novanest Global is a specialist engineering provider of induction hob technology, delivering PCBA modules, core components, and complete SKD/CKD cooktop solutions to OEM and ODM brands worldwide. With a strong R&D base, certified manufacturing, and a portfolio spanning induction hobs, heating elements, and integrated kitchen systems, the company positions itself as a one‑stop technical partner for modern, energy‑efficient cooking appliances.
Novanest Global is a specialist engineering provider of induction hob technology, delivering PCBA modules, core components, and complete SKD/CKD cooktop solutions to OEM and ODM brands worldwide. With a strong R&D base, certified manufacturing, and a portfolio spanning induction hobs, heating elements, and integrated kitchen systems, the company positions itself as a one‑stop technical partner for modern, energy‑efficient cooking appliances.
Elica Closes 2025 with Modest Revenue Growth but Pressured Margins Amid Strategic Transformation
Elica has released its fourth‑quarter and full‑year 2025 results, offering a clear snapshot of a company in the middle of a major strategic shift—from a traditional range‑hood specialist to a broader cooking‑appliance player. The transition is underway, but it’s not without financial friction.
Steady Revenue Growth in a Challenging Market
For the full year 2025, Elica reported revenues of €461 million, a 1.6% increase compared to 2024. The final quarter contributed €111 million, with organic growth of 1.7%, signalling that demand held firm despite a competitive and promotion‑heavy environment.
This growth was supported by:
– Strong promotional activity across key markets
– The rollout of new product lines
– Continued investment in expanding the cooking‑appliance portfolio
Margins Under Pressure as Transformation Continues
While top‑line performance remained positive, profitability took a hit.
Elica’s EBITDA declined from €31 million to €28 million, bringing the margin down to 6%.
The company attributes this margin squeeze to:
– Heavy promotional spending across the sector
– Costs linked to launching new products
– Significant investments required to evolve from range hoods into full cooking solutions
This shift is central to Elica’s long‑term strategy, but the financial impact is clearly visible in the short term.
From Profit to Loss: A Difficult Bottom Line
The most striking figure in the 2025 results is the bottom line.
Elica closed the year with a net loss of nearly €5 million, a sharp reversal from the €2.6 million profit recorded in 2024.
The company remains confident that its transformation will strengthen its competitive position, but 2025 underscores the cost of that evolution.
What This Means for the Appliance Sector
Elica’s results reflect broader trends we’re tracking across the white‑goods industry:
– Brands expanding into full cooking ecosystems
– Higher promotional intensity as competition tightens
– Margin pressure as companies invest in innovation and product diversification
Elica’s pivot toward integrated cooking appliances positions it well for future growth, but 2025 shows that the transition phase will require resilience—and continued investment.
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