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6-K - NATUZZI S P A (0000900391) (Filer)
6-K - NATUZZI S P A (0000900391) (Filer)
6-K - NATUZZI S P A (0000900391) (Filer)
The notice has no immediate impact on the listing of the Company's ADRs Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") announced today that on January 6, 2026 it received notice from the New York Stock Exchange (the "NYSE") that the Company was no longer in compliance with one of the NYSE's continued listing standards for a listed company (the "NYSE Notice"), because its 30 trading-day average market capitalization and its last reported stockholders' equity as of September 30, 2025 were each below $50 million. Pursuant and subject to the NYSE's rules, the Company has an 18-month cure period following receipt of the NYSE Notice to regain compliance with the NYSE's minimum require
3Q 2025: Highlights Total net sales amounted to €74.4 million, down 0.8% from €75.0 million in 3Q 2024. Gross margin at 36.0% of revenue, compared to 31.8% in 3Q 2024 which included a 3.9% impact from severance-related costs. Operating loss of (€1.7) million, compared to an operating loss of (€3.8) million in 3Q 2024. Net finance costs were (€2.4) million, compared to net finance costs of (€3.3) million in 3Q 2024. Loss for the period of (€5.1) million, compared to a loss of (€7.4) million in 3Q 2024. Call of a shareholders' meeting to adopt appropriate measures pursuant to art. 2446 of the Italian civil code, "Nominal reduction of share capital due to losses". As of September
Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited 2025 third quarter and first nine months financial information tomorrow, Tuesday December 16, 2025, after the closing of trading on the New York Stock Exchange. The Company will host a conference call on Wednesday, December 17, 2025, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time) to discuss financial information. To join live the conference call, interested persons will need to either: i) dial-in the following number: Toll/International: +1-412-717-9633, then passcode 39252103#, or ii) click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants
Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") announced today that Mr. Pietro Labriola has formally accepted the appointment as a non-executive director of the Company by way of co-optation, effective August 6, 2025, further to the resolution adopted by the Board of Directors on July 29, 2025. Mr. Labriola will remain in office until the next Shareholders' Meeting, at which time it will be submitted for confirmation by the shareholders. Mr. Labriola currently serves as Chief Executive Officer and General Manager of Telecom Italia S.p.A. (TIM), one of the leading telecommunications companies in Europe. He has over 30 years of experience in the telecom and technology sectors, havin
Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") announced today that Mr. Antonio Achille, who has served as the Company's Chief Executive Officer and executive director since 2021, stepped down from his roles effective July 30, 2025, to pursue new professional opportunities. Pending the appointment of a successor, the Board of Directors has temporarily delegated the CEO's powers and responsibilities to the Executive Chairman, Mr. Pasquale Natuzzi, who will serve in an interim capacity. The Board of Directors wishes to express its sincere gratitude to Mr. Achille for his impactful leadership and significant contributions during his tenure, particularly in driving strategic transfo
Natuzzi S.p.A. (NYSE:NTZ) ("we", "Natuzzi" or the "Company" and, together with its subsidiaries, the "Group"), one of the most renowned brands in the production and distribution of design and luxury furniture, today announces that Mr. Carlo Silvestri is the Chief Financial Officer of the Group, directly reporting to the CEO, Antonio Achille. Carlo brings over 20 years of international experience in finance as well as a solid knowledge of retail and wholesale dynamics gained with important luxury brands. Before joining Natuzzi, Carlo worked for Salvatore Ferragamo Asia, Hong Kong, where since 2013 he covered the role of Chief Financial Officer and Retail Excellence Director for Ferragamo A
3Q 2025: Highlights Total net sales amounted to €74.4 million, down 0.8% from €75.0 million in 3Q 2024. Gross margin at 36.0% of revenue, compared to 31.8% in 3Q 2024 which included a 3.9% impact from severance-related costs. Operating loss of (€1.7) million, compared to an operating loss of (€3.8) million in 3Q 2024. Net finance costs were (€2.4) million, compared to net finance costs of (€3.3) million in 3Q 2024. Loss for the period of (€5.1) million, compared to a loss of (€7.4) million in 3Q 2024. Call of a shareholders' meeting to adopt appropriate measures pursuant to art. 2446 of the Italian civil code, "Nominal reduction of share capital due to losses". As of September
Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited 2025 third quarter and first nine months financial information tomorrow, Tuesday December 16, 2025, after the closing of trading on the New York Stock Exchange. The Company will host a conference call on Wednesday, December 17, 2025, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time) to discuss financial information. To join live the conference call, interested persons will need to either: i) dial-in the following number: Toll/International: +1-412-717-9633, then passcode 39252103#, or ii) click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants
2Q 2025: Highlights Total net sales amounted to €78.3 million, down 7.2% from €84.4 million in 2Q 2024. Gross margin at 34.0% of revenue, compared to 38.1% in 2Q 2024, primarily due to the decrease in sales and the planned production shift of Natuzzi Editions for the North American market from China to Italy. 2Q 2025 operating loss of (€2.7) million, compared to an operating loss of (€0.4) million in 2Q 2024. Net finance costs were (€3.2) million, compared to net finance costs of (€2.0) million in 2Q 2024, primarily due to unfavorable currency movements. During 2Q 2025, we invested €4.3 million, primarily to upgrade the Group's Italian factories. As of June 30, 2025, we h