Kitchen Appliances & Ventilation Systems / Specialty Appliance Motors
Strategic Profile
Elica operates through two core business units: Cooking (78.1% of sales focused on kitchen hoods, hobs, and cooking appliances) and Motors (21.9% of sales for electric motors powering household appliances and heating systems). The company maintains competitive advantage through design innovation, technology integration, and a global manufacturing footprint spanning six production sites across Italy, Poland, Mexico, and China.
Cyborg Score Rationale
Elica demonstrates solid fundamentals as a niche market leader in kitchen extraction systems with diversified geographic and product exposure. Recent analyst ratings show cautious optimism (Hold rating at EUR 1.80 price target), reflecting stable operations in a mature but consolidated market with some headwinds from consumer spending patterns.
Top Insights
Global market leader in kitchen extraction systems with dual operating model (Cooking and Motors segments) providing revenue diversification
Listed on Euronext STAR Milan segment since 2006, indicating compliance with higher governance standards
Multi-brand portfolio including Elica, Turboair, Jetair, Ariafina, and Arietta brands serving different market segments
International manufacturing presence reduces supply chain concentration risk with production in six facilities across four countries
Named Competitors
Kitchen Hoods and Extraction Systems — Premium kitchen appliances and extraction systems