Natuzzi sell more seats

16 May 2003




World renowned furniture manufacturers, Natuzzi saw net sales in the fourth quarter of 2002 of $202.7 million, up 2.6% on the same period a year earlier with unit sales up 5.4%. For the full year net sales were up 2.4% at $761.5 million while seats sold increased by 5.3%. Leather upholstered furniture sales in the fourth quarter amounted to $154 million which was essentially unchanged over the same period in 2001. Net income for the fourth quarter 2002 decreased 1.1%. Source: [http://www.natuzzi.com]



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