Natuzzi forecasts flat results
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