The Annual General Shareholders’ Meeting of Natuzzi S.p.A. Approved the 2022 Financial Statements
05/22/2023 - 06:51 AM
SANTERAMO IN COLLE, (BA), Italy --(BUSINESS WIRE)--
Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company” and, together with its subsidiaries, the “Natuzzi Group”) announced today that it held, on first call, its annual general shareholders’ meeting on May 19, 2023 (the “Annual General Meeting”).
At the Annual General Meeting, the shareholders approved the Company’s stand-alone financial statements for the fiscal year ended December 31, 2022 and acknowledged the approval of the 2022 consolidated financial statements of the Natuzzi Group by the Company’s Board of Directors at a meeting held on April 13, 2023. As previously announced, the Group reported for the 2022 fiscal year consolidated total net sales of €468.5 million , versus €427.4 million in the previous year, and a net profit of €1.3 million as compared to a net profit of €4.4 million for 2021.
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About Natuzzi S.p.A.
Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is one of the most renowned brands in the production and distribution of design and luxury furniture. With a global retail network of 710 mono-brand stores and 497 galleries as of March 31, 2023, Natuzzi distributes its collections worldwide. Natuzzi products embed the finest spirit of Italian design and the unique craftmanship details of the “Made in Italy”, where a predominant part of its production takes place. Natuzzi has been listed on the New York Stock Exchange since May 13, 1993. Always committed to social responsibility and environmental sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified (Quality and Environment), ISO 45001 certified (Safety on the Workplace) and FSC® Chain of Custody, CoC (FSC-C131540).
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Natuzzi Investor Relations
pdirenzo@natuzzi.com
Natuzzi Corporate Communication
gventolone@natuzzi.com
Source: Natuzzi S.p.A.
NTZ Rankings
#793 Ranked by Stock Gains
NTZ Stock Data
Industry
Upholstered Household Furniture Manufacturing
Sector
Manufacturing
Tags
Consumer Durables, Home Furnishings, Manufacturing, Upholstered Household Furniture Manufacturing
Country
Italy
City
Santeramo In Colle
About NTZ
founded in 1959 by pasquale natuzzi, natuzzi s.p.a. is the italian largest furniture and design company and a world leader in leather upholstered furniture. there is a thread running throughout half a century of natuzzi’s history to its future: integrity. natuzzi is a global group, both from a manufacturing and commercial point of view, with modern manufacturing plants in italy, china, brazil and romania, and commercial branches in the main world markets. thanks to cutting-edge design, superior italian craftsmanship and advanced manufacturing operations, natuzzi is the most globally-recognized furniture brand among consumers of luxury goods (ipsos, 2015), present in the most important markets in the world with a network of about 1,140 mono-brand points of sales.
