{"id":58681,"date":"2019-06-10T07:56:59","date_gmt":"2019-06-10T07:56:59","guid":{"rendered":"https:\/\/teka.com\/global\/?p=58681"},"modified":"2019-06-10T07:56:59","modified_gmt":"2019-06-10T07:56:59","slug":"teka-group-improves-results-in-2018","status":"publish","type":"post","link":"https:\/\/www.teka.com\/hy-am\/news\/teka-group-improves-results-in-2018\/","title":{"rendered":"TEKA Group improves results in 2018"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-58684 size-full\" src=\"https:\/\/www.teka.com\/hy-am\/wp-content\/uploads\/sites\/130\/2019\/06\/cabecera-logo-teka-group.jpg\" alt=\"\" width=\"1300\" height=\"394\" srcset=\"https:\/\/www.teka.com\/hy-am\/wp-content\/uploads\/sites\/130\/2019\/06\/cabecera-logo-teka-group.jpg 1300w, https:\/\/www.teka.com\/hy-am\/wp-content\/uploads\/sites\/130\/2019\/06\/cabecera-logo-teka-group-300x91.jpg 300w, https:\/\/www.teka.com\/hy-am\/wp-content\/uploads\/sites\/130\/2019\/06\/cabecera-logo-teka-group-768x233.jpg 768w, https:\/\/www.teka.com\/hy-am\/wp-content\/uploads\/sites\/130\/2019\/06\/cabecera-logo-teka-group-1024x310.jpg 1024w, https:\/\/www.teka.com\/hy-am\/wp-content\/uploads\/sites\/130\/2019\/06\/cabecera-logo-teka-group-1080x327.jpg 1080w\" sizes=\"(max-width: 1300px) 100vw, 1300px\" \/><\/p>\n<p style=\"text-align: justify\"><strong>TEKA Group<\/strong>, a member of HeritageB and global producer of design built-in appliances, sinks, taps and sanitaryware has recorded higher sales and operational profits in <strong>2018<\/strong>. Main contributors to this result were Spain, the Americas and the bath division<\/p>\n<p>\u201cDespite the negative impact of material cost, currency fluctuations and some market turbulences, the group was able to improve the operational result before restructuring and extraordinary income by 10% to just above 7% of net sales\u201d, explains <strong>Dr. Stefan Hoetzl, CEO of TEKA Group.<\/strong><\/p>\n<p style=\"text-align: justify\">2019 also started well with operating profit in line with expectations and significantly above the same period of 2018. The group expects a positive second part of the year, profiting from the new brand positioning of <a href=\"https:\/\/www.teka.com\/global\/\" target=\"_blank\" rel=\"noopener\">TEKA<\/a>, the complete product range renovation of <strong>K\u00fcppersbusch<\/strong> and a wide range of novelties.<\/p>\n<p style=\"text-align: justify\">As examples, TEKA is launching design collections inspired by home interior trends: Stone Grey, Steam Gray, Night River Black and London Brick Brown, called <strong>Urban Colours.<\/strong> A new generation of Gas on Glass <a href=\"https:\/\/www.teka.com\/global\/kitchen\/hobs\/\" target=\"_blank\" rel=\"noopener\">hobs<\/a> arrives with <strong>ExactFlame<\/strong>, allowing for an unprecedented precise and reliable flame intensity setting.<\/p>\n<p style=\"text-align: justify\">Both brands have launched a variety of compact ovens, microwave ovens and steam ovens that can freely be combined to beautiful interior designs. The new Pureline design <a href=\"https:\/\/www.teka.com\/global\/kitchen\/sinks\/\" target=\"_blank\" rel=\"noopener\">sinks<\/a> with sharper edges incorporate as well the <strong>SilentSmart<\/strong> feature, reducing significantly the water noise.<\/p>\n<p style=\"text-align: justify\">TEKA Group also announces the opening of a new warehouse facility at their Alcal\u00e1 site in Madrid in this quarter in order to cope with growing volumes and further improve delivery service quality.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TEKA Group, a member of HeritageB and global producer of design built-in appliances, sinks, taps and sanitaryware has recorded higher sales and operational profits in 2018. Main contributors to this result were Spain, the Americas and the bath division \u201cDespite the negative impact of material cost, currency fluctuations and some market turbulences, the group was [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":58683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[597,613],"tags":[3303,3304,3305],"class_list":["post-58681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","category-news","tag-annual-results","tag-3304","tag-teka-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TEKA Group improves results in 2018 | Teka Armenia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.teka.com\/hy-am\/news\/teka-group-improves-results-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TEKA Group improves results in 2018 | Teka Armenia\" \/>\n<meta property=\"og:description\" content=\"TEKA Group, a member of HeritageB and global producer of design built-in appliances, sinks, taps and sanitaryware has recorded higher sales and operational profits in 2018. Main contributors to this result were Spain, the Americas and the bath division \u201cDespite the negative impact of material cost, currency fluctuations and some market turbulences, the group was [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.teka.com\/hy-am\/news\/teka-group-improves-results-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"Teka Armenia\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-10T07:56:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.teka.com\/hy-am\/wp-content\/uploads\/sites\/130\/2019\/06\/NOTICIA-Logo-teka-group.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"796\" \/>\n\t<meta property=\"og:image:height\" content=\"436\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Teka\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta 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