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July 01, 2015 3:06 AM ET

Household Durables

Company Overview of Natuzzi SpA

Company Overview

Natuzzi S.p.A. designs, manufactures, and markets leather and fabric upholstered furniture worldwide. Its products primarily include linear and sectional sofas, loveseats, armchairs, sectional furniture, motion furniture, sofa beds, recliners and massage chairs, and living room and bedroom furnishings and accessories. The company sells its products primarily under the Natuzzi Italia, Natuzzi Editions/Leather Editions, Natuzzi Re-vive, and Softaly brand names. Natuzzi S.p.A. sells its Natuzzi branded furniture primarily through franchised Divani & Divani by Natuzzi, and Natuzzi Italia stores. As of March 31, 2015, it had 169 Natuzzi Italia stores, 96 Divani & Divani by Natuzzi stores, and 10 ...

Via Iazzitiello 47

Santeramo in Colle, BA 70029

Italy

Founded in 1959

6,018 Employees

Phone:

39 0808 82 01 11

Key Executives for Natuzzi SpA

Natuzzi SpA does not have any Key Executives recorded.

Natuzzi SpA Key Developments

Natuzzi SpA Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Natuzzi SpA reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the period, the company reported total net sales of EUR 122.6 million against EUR 98.4 million for the same period a year ago. LBITDA was EUR 1.4 million against EUR 5.9 million for the same period a year ago. LBIT was EUR 4.9 million against EUR 9.4 million for the same period a year ago. Loss before income taxes was EUR 9.7 million against EUR 9.2 million for the same period a year ago. Net group loss was EUR 9.8 million or EUR 0.18 per share against EUR 9.8 million or EUR 0.18 per share for the same period a year ago. Net cash used by operating activities was EUR 9.0 million against EUR 3.1 million for the same period a year ago. Additions to property, plant and equipment were EUR 0.8 million against EUR 3.5 million for the same period a year ago. In the first quarter of 2015 the turnover increased by 24.6% compared to the same period of the previous year, with a significant growth of the furnishings sector, consistent with the Natuzzi Italia’s ‘Total Home’ offer.

Natuzzi SpA to Report Q1, 2015 Results on May 15, 2015

Natuzzi SpA announced that they will report Q1, 2015 results at 5:00 PM, W. Europe Standard Time on May 15, 2015

Natuzzi SpA, Q1 2015 Earnings Call, May 18, 2015

Natuzzi SpA, Q1 2015 Earnings Call, May 18, 2015

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