Nobili Rubinetterie is an Italian company based in the Piedmont region specialising in the production of taps for baths and kitchens.

 

In 2015 Nobili Rubinetterie’s total revenues increased by seven per cent, an increase mainly due to a €2 million growth in Italy (+12%) and in key strategic foreign markets (+4%), such as China and more broadly Asia.

 

Carlo Nobili

Carlo Nobili

In light of last year’s positive financial results, this year the company is watching the progress of the Italian market closely, which represents 35 per cent of total sales.

 

Part of the Nobili Rubineterie business plan is to take part in major trade fairs such as: “Salone del Bagno” in Milan and “Kitchen & Bath China” in June in Shanghai. In 2017 the company will take part at the ISH’s trade fair in Frankfurt am Main.

 

Carlo Alberto Nobili, Nobili Rubinetterie’s Sales and Marketing Manager, said in a statement.

 

“Despite a difficult economic environment, the positive financial results posted by Nobili Rubinetterie in 2015 shows that the company is heading in the right direction, striving to continuously offer high quality products.”

 

He added:

 

“Whilst Asia continues to be an important market especially in the light of the positive results showed in 2015, part of the company business plan in 2016 is to strengthen its position in key markets in Northern Europe (Switzerland, Germany, Austria, Holland, Denmark and Belgium). Margins always remain under pressure mainly because our production chain is all “Made in Italy” and strict cost control is therefore a priority in order to boost profits and to maintain the company’s solid economic and financial position.”

massimo morici
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massimo morici

Massimo works as a financial journalist for the monthly newsmagazine ADVISOR, AdvisorOnline.it (asset management) and Panorama.it
massimo morici
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