The world's leading manufacturer of leather-upholstered furniture, Natuzzi, has posted a big leap in profits for the second quarter and first half of 2002.

Profits for the quarter ended June 30 were up 78.4% to Eur29.8 million, ($27.4 million) on the back of sales of Eur198.5 million. ($176 million). Total leather-upholstered furniture sales were Eur171.0 million, ($157.1 million) 3.2 percent higher than the year-before.  For the six months ended June 30, profits increased 43.5% to Eur55.1 million on net sales of Eur430.6 million.

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