Natuzzi, S.p.A. (NTZ) Reports Q4 Loss of EUR 0.28/Share

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Go back to Natuzzi, S.p.A. (NTZ) Reports Q4 Loss of EUR 0.28/Share

Natuzzi: Fourth Quarter and Full Year 2014 Financial Results

March 27, 2015 6:03 PM EDT

Improving Trend Confirmed

Total Net Sales up 12.6% over Fourth Quarter 2013 Other SG&A as Percentage of Net Sales Down by 3.8 P.P. against Fourth Quarter 2013 Quarterly Operating Loss Fell by 7.6% Quarterly Net Loss Almost Halved (-48.1%) Positive Net Financial Position at 2.8 Million (from +0.2 Million as of September 30, 2014), after 11 Million of Extraordinary Cash-out Following the Layoff of 429 Italian Workers in 2014 Fourth Quarter Trend Confirmed in the First... More