Record Year For Nobilia

Mar 28, 2022 | Furniture Manufacturer | 0 comments

GERMANY – In 2021, Nobilia, one of the largest global  kitchen furniture manufacturer, maintained its robust growth despite the difficult conditions associated with the ongoing coronavirus pandemic.

976NOBILIA With an increase of EUR 112 million, nobilia achieved the highest growth in sales in the company’s history in 2021 (measured in absolute terms). Total sales rose to EUR 1.482 billion.

This figure represents an increase of 8.2 per cent on the previous year’s sales of EUR 1.370 billion.

Along with the sales growth, nobilia’s production volume also increased. With around 830,000 kitchen commissions produced in the last financial year, a new volume record was achieved.

The sales increase primarily resulted from the business with wooden parts, which again proved to be a growth driver. With 8.3 million cabinets produced, around 500,000 more wooden parts were manufactured than in the previous year. Sales of electric appliances also grew, with a moderate increase of 2.8 per cent.

Considering all plants combined, around 3,800 commissions were produced per working day.

With domestic sales of EUR  695.5  million, nobilia finished 2021 slightly below the level of the previous year. Domestic sales of EUR 710.9 million in 2020 were 2.2 per cent above the 2021 figure.

The export markets were again a key success factor for nobilia in the 2021 business year. Export sales increased over the previous year by EUR 127.7 million to EUR 786.6 million, thereby exceeding the company’s domestic sales for the first time. This corresponds to sales growth of 19.4 per cent. As a result, the export ratio rose to 53.1 per cent (previous year: 48.1 per cent) and is therefore significantly higher than the industry average of 43.8 per cent.

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