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Delivery delays result in ‘disappointing’ results for Natuzzi

30/11/2017
Delivery delays result in ‘disappointing’ results for Natuzzi

Italy-based furniture group Natuzzi has said a backlog for its custom-made products resulted in “disappointing” sales for the third quarter of 2017. Revenues of €95.8 million were 6.1% lower than in the same period last year, and the company reported a quarterly operating loss of €8.6 million. Margins have also been affected this year by the...

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