Natuzzi forecasts flat results

09/04/2007

Despite having just announced improved results for 2006, Italian leather upholstered furniture manufacturer Natuzzi SpA is forecasting flat revenues for 2007. The company stated that “in light of the difficult furniture market conditions and the challenging comparison of the first half of the year versus the same period in 2006”, it expects  to report approximately the same revenues year-on-year and almost breakeven at net results level for 2007.

Founded in 1959, Natuzzi is Italy’s largest furniture manufacturer, exporting its products to 123 markets on five continents.