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IFA International 2019 Week-End Edition

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HOME APPLIANCES / KITCHEN LIFESTYLE<br />

<strong>IFA</strong><br />

Home<br />

Appliances<br />

DE’LONGHI GROUP TARGETS<br />

NEXT PHASE OF BUSINESS<br />

DEVELOPMENT<br />

Paul Accornero, Group Chief Commercial Officer, De’Longhi Group<br />

on the company’s group sales performance<br />

In tough market conditions, De’Longhi has been performing well,<br />

with a rise in group revenues. We started by asking Paul Accornero,<br />

Group Chief Commercial Officer, De’Longhi Group, what lies behind<br />

the success:<br />

Paul Accornero<br />

Group Chief Commercial Officer,<br />

De’Longhi Group<br />

CHINA IS<br />

A SIGNIFICANT<br />

AND IMPORTANT<br />

PRIORITY FOR THE<br />

GROUP<br />

The key to the De’Longhi Group success<br />

has always been attributed to three<br />

things – our ambitious and passionate<br />

people, consistent investments behind<br />

industry-leading product innovation and<br />

our market-leading brands that stand for<br />

quality.<br />

Our growth story and success is not one<br />

to be viewed over the short term – we are<br />

running a marathon and not a sprint.<br />

In which geographic areas are you seeing<br />

the biggest growth, and why?<br />

We are very much a multinational<br />

company with strong business interests<br />

in Europe, but we have a global outlook to<br />

our next phase of business development.<br />

Western Europe has always been very<br />

important for the group and has been<br />

our main historical area of focus. While<br />

Western Europe will remain an important<br />

part of our business in the future, our<br />

fastest-growing geographies today are<br />

outside West Europe, namely Central and<br />

Eastern Europe and North America.<br />

We seek out market opportunities<br />

wherever they might be and where<br />

our core product categories have local<br />

consumer relevance and growth potential.<br />

China is a significant and important<br />

priority for the group in Asia. Following<br />

the development of the China market,<br />

the next likely steps for us in Asia are in<br />

Southeast Asia.<br />

What is your star product at <strong>IFA</strong>?<br />

Our focus this year is once again on the<br />

high-end part of the coffee market, with<br />

the new Maestosa with double automatic<br />

coffee grinding technology and double<br />

cappuccino, and the new La Specialista<br />

high-end barista pump espresso machine.<br />

On top of these innovations, De’Longhi<br />

Group remains focused on our partnership<br />

with Nespresso and is presenting the<br />

new high-end GranLattissima Nespresso<br />

direct one-touch milk machine that<br />

is especially important for German,<br />

Northern European, and consumers who<br />

prefer milk-based coffee drinks. Kenwood<br />

will present a new entry-level kitchen<br />

machine, Prospero Plus, which refreshes<br />

the very successful entry kitchen machine<br />

ranges of the brand for new young users.<br />

Braun’s success in the ironing category will<br />

be further supported with new models in<br />

the successful Carestyle Compact range of<br />

ironing systems and with further models in<br />

the standard Series 3 and Series 7 ironing<br />

ranges.<br />

How important is sustainability to the<br />

Group, and what are the key activities of<br />

note in this respect?<br />

We are continuing to move towards<br />

a higher level of integration of key<br />

environmental, social and governance<br />

(ESG) factors into our mainstream<br />

reporting and our investment<br />

decision-making. We are measuring<br />

and understanding the sustainability<br />

performance of our organisation and<br />

this has, over time, strengthened our<br />

awareness of the importance of defining<br />

concrete actions consistent with our<br />

strategy to mitigate and improve our<br />

impact.<br />

How important is <strong>IFA</strong> as a platform for<br />

networking and growing your business?<br />

As the premier international industry<br />

event of the year, <strong>IFA</strong> is an important<br />

business platform. It is an opportunity to<br />

meet key industry stakeholders, showcase<br />

new innovations, and provides a valuable<br />

focal point for the industry<br />

» HALL 1.1 / STAND 202<br />

www.ifa-international.org <strong>IFA</strong> <strong>International</strong> • Saturday 7 th & Sunday 8 th September <strong>2019</strong><br />

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