Sales improve at Natuzzi

03/04/2007
 
Italian manufacturer of leather and fabric upholstered furniture Natuzzi S.p.A. has posted improved results for the fourth quarter of 2006.

Total net sales increased 1.3% at 193.1 million from 190.6 million in the comparable quarter of 2005, although the number of units sold decreased 2.9%. Upholstery net sales improved slightly to 174.2 million from 173 million whilst other sales (principally living-room accessories and raw material produced by the company and sold to third parties) increased 7.4% to 18.9 million from 17.6 million. Leather upholstered furniture net sales increased 3.5% to reach 152.5 million from 147.4 million, whilst fabric upholstered net sales decreased 15.2% to 21.7 million.

For the full year, net sales increased 9.8% to 735.5 million, from 669.9 million.