The Italian De Matteis Agroalimentare is one of the top 10 producers of dry pasta in the world. It has always been committed to improving the entire production chain from the wheat field to the finished product. Recently, it has confirmed the positive closing of 2019, with a turnover of 155 million euros and a 30% increase in revenues compared to the previous year. A result in line with forecasts and which attests to the achievement of the market positioning expected by the company. Let’s try to understand what’s behind this success.
High quality pays off: turnover, revenues and export are increasingThe
According to the company management, sales increasing was driven by the commercial branch which opened in January 2019 in the United States. De Matteis Agroalimentare is one of the first exporters of pasta in the Us, with an 11% share of the exports of the entire sector to that country. In addition, the pasta maker exports today to over 40 countries. The export share exceeded 80% of the company’s revenues, with a growth of +15% in 2019 vs 2018. From January to April 2020 trade went even better (another +15%), with revenues of 56 million euros and a performance of the Armando brand of +30%.