Natuzzi, S.p.A. (NTZ) Reports Q1 Loss of EUR0.18/Share
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First Quarter 2015 Natuzzi Consolidated Results
May 15, 2015 4:40 PM EDTA DOUBLE DIGIT INCREASE IN REVENUES AND IMPROVEMENT ON MARGINS CONFIRMS THE POSITIVE TREND OF THE PREVIOUS QUARTERS
CONSOLIDATED NET SALES FOR THE QUARTER EQUAL TO 122.6 MLN EUROS, UP 24.6% V 98.4 MLN EUROS REPORTED IN THE FIRST QUARTER OF 2014. GROSS MARGIN IMPROVEMENT MAINLY RELATED TO GROWTH OF VOLUMES, THE POSITIVE EFFECT OF THE PRODUCT MIX AND PRODUCTION EFFICIENCIES. OTHER SG&A AS A PERCENTAGE OF NET SALES DOWN BY 4.8% COMPARED TO THE SAME PERIOD OF THE PREVIOUS YEAR.... More