Daily News
From Home Furnishing Business
Natuzzi Pulls to 4Q Profit
March 24,
2016 by in Financial Reports, Industry 
Natuzzi (NYSE: NTZ) reported net profit of 1.8 million euros, or $2.01 million for the fourth quarter ended Dec. 31 compared to a net loss of 15.4 million euros, or $17.18 million.
Net sales for the quarter were 131.7 million euro, or $147 million compared to 138.6 million euro, or $154.7 million.
For the year ended Dec. 31, the company posted a loss of 16.5 million euro, about $18.4 million, compared to a loss of 49.4 million euro, or $55.1 million, in the year prior.
The full earnings report is available online.