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Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") announced today that it filed its annual report on Form 20-F (the "Annual Report") for the fiscal year ended on December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC"). The Annual Report is available on the Company's website www.natuzzi.com within the Investor Relations page (https://www.natuzzigroup.com/en-EN/ir/investors.html), under the "SEC Filings" section. The Company's shareholders can request a hard copy of the Annual Report, that includes the audited consolidated financial statements, free of charge, by contacting the Company at [email protected]. About Natuzzi S.p.A. Founded in 1959 by Pasquale Natuzzi
Full Year 2024: Highlights Total net sales were €318.8 million, compared to €328.6 million in 2023 (-3.0%). Branded sales were €287.9 million, compared to €295.9 million in 2023 and €295.9 million in 2019. Branded sales were 92.7% of total sales, compared to 92.5% in 2023 and 80.2% in 2019. DOS sales were €76.1 million, up 4.1% from 2023 and up 18.2% from 2019. 2024 growth was driven mainly by a 14.6% sales increase from our DOS in the U.S. In the U.S. we opened 1 additional store in Denver. In 2024, we closed 2 non-performing Natuzzi Italia stores, 1 in Spain and 1 in Switzerland, and 1 Divani&Divani by Natuzzi store in Italy, as part of our ongoing effort to progressively improve th
Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited fourth quarter and full year 2024 financial information on Wednesday April 23, 2025, after the closing of trading on the New York Stock Exchange. The Company will host a conference call on Thursday, April 24, 2025, at 12:00 p.m. (noon) U.S. Eastern time (6.00 p.m. Italy time, or 5.00 p.m. UK time) to discuss financial information. To join live the conference call, interested persons will need to either: dial-in the following number: Toll/International: +1-412-717-9633, then passcode 39252103#, or click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participa
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
First Quarter 2022 Highlights 1Q 2022 Invoiced Sales Increased 16.8% Compared to 1Q 2021 and 43.7% Compared to 1Q 2020 Written Orders in 1Q 2022 of €111.5 Million, 35.4% Above 1Q 2021 and 50.7% Above 1Q 2020 Gross Margin of 34.3%, Compared to 36.2% in 1Q 2021 and 34.2% in 1Q 2020. 1Q 2022 Margin Impacted by Rising Raw Materials and Energy Costs Operating Profit of €1.5 Million, Compared to an Operating Profit of €3.3 Million in 1Q 2021, Which Benefitted From an Extraordinary One-Off €2.8 Million COVID-Related Public Support. 1Q 2022 Operating Profit of €1.5 Million Compares With an Operating Loss of €4.9 Million in 1Q 2020 Cash of €51.2 Million as of March 31, 2022, Compared to €5
Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company" and, together with its subsidiaries, the "Group") announced today the resignation of its Chief Financial Officer, Mr. Vittorio Notarpietro, to pursue other opportunities outside the Global Furniture Industry. The effective date of Mr. Notarpietro's resignation, which is still under determination, is expected to occur within the second half of January 2022. The Company has already commenced an active search for a new Chief Financial Officer and is committed to find a profile that can continue to support the Group's retail and brand transformation currently ongoing. The Company and Mr. Notarpietro have agreed that Mr. Notarpietro will co
Full Year 2024: Highlights Total net sales were €318.8 million, compared to €328.6 million in 2023 (-3.0%). Branded sales were €287.9 million, compared to €295.9 million in 2023 and €295.9 million in 2019. Branded sales were 92.7% of total sales, compared to 92.5% in 2023 and 80.2% in 2019. DOS sales were €76.1 million, up 4.1% from 2023 and up 18.2% from 2019. 2024 growth was driven mainly by a 14.6% sales increase from our DOS in the U.S. In the U.S. we opened 1 additional store in Denver. In 2024, we closed 2 non-performing Natuzzi Italia stores, 1 in Spain and 1 in Switzerland, and 1 Divani&Divani by Natuzzi store in Italy, as part of our ongoing effort to progressively improve th
Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or the "Company") will disclose its unaudited fourth quarter and full year 2024 financial information on Wednesday April 23, 2025, after the closing of trading on the New York Stock Exchange. The Company will host a conference call on Thursday, April 24, 2025, at 12:00 p.m. (noon) U.S. Eastern time (6.00 p.m. Italy time, or 5.00 p.m. UK time) to discuss financial information. To join live the conference call, interested persons will need to either: dial-in the following number: Toll/International: +1-412-717-9633, then passcode 39252103#, or click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participa
FIRST NINE MONTHS OF 2024: HIGHLIGHTS TOTAL NET SALES WERE €243.9 MILLION, IN LINE WITH THE SAME PERIOD IN 2023 (-0.3%). BRANDED SALES WERE €221.2 MILLION, UP 0.3% FROM 2023 SAME PERIOD AND UP 3.1% FROM 2019 SAME PERIOD. BRANDED SALES WERE 93.0% OF TOTAL SALES, COMPARED TO 92.6% IN THE SAME PERIOD OF 2023 AND 78.5% IN THE SAME PERIOD OF 2019. DOS SALES WERE €57.4 MILLION, UP 6.3% FROM 2023 AND UP 20.8% FROM 2019 SAME PERIODS. 2024 GROWTH WAS DRIVEN BY A 22.3% SALES INCREASE FROM DOS IN THE U.S, WHERE WE OPENED 1 ADDITIONAL STORE IN DENVER. DURING THE FIRST 9 MONTHS OF 2024, WE CLOSED TWO NON-PERFORMING NATUZZI ITALIA STORES, ONE IN SPAIN AND ONE IN SWITZERLAND, AS PART OF OUR ONGOI
20-F - NATUZZI S P A (0000900391) (Filer)
6-K - NATUZZI S P A (0000900391) (Filer)
6-K - NATUZZI S P A (0000900391) (Filer)