News

Natuzzi`s sales fall 13.1% in Q1

01/06/2005

Italian manufacturer of leather-upholstered furniture Natuzzi S.p.A. saw a drop of 13.1% in net sales to €166.6 million ($218.4 million) in the first quarter of 2005 ended March 31 compared with €191.8 million ($240.0 million) reported in the first quarter of 2004. The company also recorded net losses of €3.5 million compared with net earnings of € 9.4 million in the first quarter of 2004.

To continue reading this story, please sign in or register.