Natuzzi reports lower Q1 sales and margins - leatherbiz: Leading news Leatherbiz

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Natuzzi reports lower Q1 sales and margins

08/07/2025
Natuzzi reports lower Q1 sales and margins
Leather sofa brand Natuzzi recorded a 7.6% drop in net sales for the first quarter of 2025, totalling €78.1 million, with gross margin falling to 34.1% from 36.9% a year earlier.

The company cited a challenging market environment and the impact of reshoring production for its Natuzzi Editions line from China to Italy. The transition, completed in Q1, led to higher costs and contributed to the margin decline.

Chairman Pasquale Natuzzi pointed to global trade duties and geopolitical tensions as key challenges. CEO Antonio Achille added that economic uncertainty continued to weigh on consumer confidence.

A planned 10% price increase for North America has only been partially implemented, further affecting margins. Invoiced sales for upholstered and home furnishings fell to €73.5 million, with Natuzzi Italia and Natuzzi Editions both posting year-on-year declines. Sales in North America dropped 5.4% to €22.9 million, while West and South Europe fell 13.6% to €24.9 million.


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