Natuzzi spa says q4 sales fell 12.7% to 100.6 mln euros

Q4 operating loss -3.0 million eur.q4 sales fell 12.7 percent to 100.6 million eur.group now directly operates 56 mono-brand dos.on a like-for like basis, revenues of 45 dos were up 4.2% in 2019, while they decreased by 1.0% in q4 of 2019.natuzzi- in light of tariffs imposed by u.s. on goods imported from china, co started to outsource in vietnam part of its private label production.q4 2019 consolidated gross margin was 31.9%, up from 27.4% in 2018 same quarter.group reported a qtrly operating loss of eur 3.0 million, versus an operating loss of eur 8.9 million in 2018 last quarter.loss for q4 was eur 6.9 million.ongoing pandemic experience is likely to lead to an increasing focus on omni-channel sale approach.qtrly loss per ordinary share was 0.12 euro.
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