Natuzzi Reports 4Q Loss

March 27, 2013  by in UnCategorized   

By Home Furnishings Business in Leather Upholstery on March 28, 2013

Leather upholstery supplier Natuzzi posted a net loss of 12.1 million Euro for the fourth quarter ended Dec. 31 compared to a net loss of 16.1 million Euro for the same quarter last year.

Net sales for the fourth quarter ended Dec. 31 were 126.5 million Euro compared to net sales of 129.6 million Euro during the same period last year.

The company posted a net loss of 26.1 million Euro for the year ended Dec. 31. Net sales for the year ended Dec. 31 were 468.8 million Euro compared to 486.4 million Euro reported last year.

The complete earnings release is available online.