Natuzzi S.p.A.: Shareholder Letter and Financial Results
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Friday, April 8, 2022
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The Board of Directors of Natuzzi S.p.A. (NYSE:NTZ) (we, Natuzzi or the Company and, together with its subsidiaries, the Group) announced its 2021 fourth quarter and full year unaudited consolidated financial results and approved the Companys draft stand-alone financial statements.
Key Points:
- The Board of Directors of Natuzzi S.p.A. (NYSE:NTZ) (we, Natuzzi or the Company and, together with its subsidiaries, the Group) announced its 2021 fourth quarter and full year unaudited consolidated financial results and approved the Companys draft stand-alone financial statements.
- Natuzzi Editions products are distributed in Italy under the brand Divani&Divani by Natuzzi.
- The store merchandising of Natuzzi Editions, starting from a common collection, is tailored to best fit the opportunities of each market.
- Natuzzi Editions invoiced sales (including sales from Divani&Divani by Natuzzi) amounted to 56.0 million, an increase of 15.9% compared to 4Q 2020 and of 28.2% compared to 4Q 2019.