Nuova Simonelli turnover grows 18.5 per cent in 2012

Nuova Simonelli reported an 18.5 per cent growth in turnover in 2012, exceeding US$42 million.  The leading espresso machine manufacturers released the figures at the beginning of the year, noting that more than 80 per cent of business came from export.  Since 2009 – the year that marked the start of the economic crisis in the US, Europe and elsewhere – the company has steadily expanded its market share, increasing its turnover by 77 per cent in the period.  “Constant investment in innovation, design and technology is amply repaid by the approval for our products,” commented Nando Ottavi, President of Nuova Simonelli, in a statement.  In 2013, the company plans to put into production three new professional espresso coffee machines. This includes a new version of the Appia under the Nuova SImonelli brand, as well as two completely new machines under the Victoria Arduino label.  One of the new Victoria Arduino machines, expected to go into production this month, will bear the signature of two leading international designers: Doriana and Massimiliano Fuksas.  “This is a sign of Nuova Simonelli's determination to keep up the name of 'Made-in-Italy' and work for the economic growth of our country,” said Ottavi.