During the first six months of the year, Artemide Group profits rose 43.9% compared with the same period in 2020, seeing a 63.3% rise in sales on the Italian market. These numbers are also borne out by a comparison with the data for 2019: +10.6% overall growth (+17.2% on the Italian market). Germany was the leading export market, up 10.6% overall, followed by Switzerland (+35.5%) and the Nordic countries (+61.6%). Outside Europe, the Asia Pacific area recorded a 36.6% rise compared with 2019.
The trend was characterised by strong growth in e-commerce, representing 18.8% of the group’s sales, with volumes more than doubled (+125%) compared with 2019 (+57% compared with 2020). The contract sector (+45.6% compared with 2020) returned to 2019 levels, with growth in the Office and Retail segments offsetting the contraction.
“The market rewards competence,” the company says. The growth in sales was driven by products boasting high levels of innovation, such as the systems devised in partnership with leading architects - Alphabet of Light by BIG, for instance - and by iconic products. Artemide continues to invest in its humanistic vision of science, in products with Integralis technology, for example, which add in microbial control. Flexia, for instance, was informed by Mario Cucinella’s holistic approach, in which the acoustic panel section was designed to control reverberation by absorbing the soundwaves reflected into the environment.