Grand Opening of the Natuzzi Italia Store in Houston, TX, Part of Our Strategy to Strengthen Retail in North America
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”), as part of its strategy to consolidate and expand Natuzzi Italia retail presence in U.S., announces that, on April 9 2024, it hosted the grand opening of its Natuzzi Italia directly operated store (DOS) in Houston, TX. The store's location and retail space have been carefully selected to embody the essence of Natuzzi Italia Brand. The store is located at 1121 Uptown Park Boulevard in Houst.
- 04/11/2024
|
Natuzzi S.p.A. (NTZ) Q4 2023 Earnings Call Transcript
- Natuzzi S.p.A. (NYSE:NTZ ) Q4 2023 Earnings Conference Call April 8, 2024 10:00 AM ET Company Participants Piero Direnzo - Investor Relations Antonio Achille - CEO Carlo Silvestri - CFO Mario de Gennaro - Chief HR, Organization and Legal Officer Diego Babbo - Global Retail Division Officer Pasquale Natuzzi - Founder and Executive Chairman Conference Call Participants Dave Kanen - Kanen Wealth Management Operator Good day, ladies and gentlemen.
- 04/08/2024
|
Natuzzi S.p.A. Announces Dates for the Fourth Quarter and Full Year 2023 Financial Information and Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) will disclose its unaudited 2023 fourth quarter and full year financial information on Friday April 5, 2024, after the market closes. The Company will host a conference call on Monday April 8, 2024, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join live the conference call, interested persons will need to either: i) dial-i.
- 04/03/2024
|
Natuzzi S.p.A. (NTZ) Q3 2023 Earnings Call Transcript
- Natuzzi S.p.A. (NYSE:NTZ ) Q3 2024 Earnings Call Transcript November 27, 2023 10:00 AM ET Company Participants Piero Direnzo - IR Antonio Achille - CEO Jason Camp - SVP of Retail, North America Carlo Silvestri - CFO Conference Call Participants Dave Kanen - Kanen Wealth Management Steve Emerson - Emerson Investment Group Operator Good day, ladies and gentlemen.
- 11/27/2023
|
Natuzzi S.P.A. Announces Dates for the Third Quarter 2023 Financial Information and Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) will disclose its unaudited 2023 third quarter financial information on Friday November 24, 2023, after the market closes. The Company will host a conference call on Monday November 27, 2023, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join the live conference call, interested persons will need to either: i) dial-in the f.
- 11/15/2023
|
Natuzzi S.p.A. (NTZ) Q2 2023 Earnings Call Transcript
- Natuzzi S.p.A. (NYSE:NTZ ) Q2 2023 Earnings Conference Call October 2, 2023 10:00 AM ET Company Participants Piero Direnzo - IR Antonio Achille - CEO Jason Camp - President, Natuzzi Americas Pasquale Natuzzi - Founder and Executive Chairman Carlo Silvestri - CFO Conference Call Participants David Kanen - Kanen Wealth Management Operator Good day, ladies and gentlemen.
- 10/02/2023
|
Natuzzi S.p.A. Announces Dates For the Second Quarter 2023 Financial Information and Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) will disclose its unaudited 2023 second quarter financial information on Friday September 29, 2023, after the market closes. The Company will host a conference call on Monday October 2, 2023, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join the live conference call, interested persons will need to either: dial-in the foll.
- 09/15/2023
|
Natuzzi S.p.A. (NTZ) Q1 2023 Earnings Call Transcript
- Natuzzi S.p.A. (NYSE:NTZ ) Q1 2023 Earnings Conference Call June 5, 2023 10:00 AM ET Company Participants Piero Direnzo - IR Antonio Achille - CEO Jason Camp - President, Natuzzi Americas Carlo Silvestri - CFO Pasquale Natuzzi - Founder & Executive Chairman Conference Call Participants Operator Ladies and gentlemen, please standby.
- 06/05/2023
|
Natuzzi S.p.A. Announces Revised Dates For First Quarter 2023 Financial Information And Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) today announced revised dates for the release of its unaudited financial information for the first quarter of 2023 and the related conference call. The Company will release its financial information on Friday, June 2, 2023, after the closing of trading on the New York Stock Exchange. Accordingly, the Company will host a conference call to discuss the financial information on Monday, June 5, 2023, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time). To join the live conference call, interested persons will need to either: i) dial-in the following number: Toll/International: +1-412-717-9633, then passcode 39252103#, or ii) click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone after registering to the link. A replay of the call will be made available approximately 3 hours after conference end time, until Wednesday, July 5, 2023, at 11:59 pm U.S. Eastern time. To access the replay of the conference call, interested persons need to dial +1-844-512-2921 (toll-free) for calls from U.S. and Canada, or +1-412-317-6671 for calls from other countries. The access code for the replay is: 13738908. _______________________________________________________________________________ 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).
- 05/22/2023
|
The Annual General Shareholders’ Meeting of Natuzzi S.p.A. Approved the 2022 Financial Statements
- 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. __________________________________ 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).
- 05/22/2023
|
Natuzzi S.P.A. Announces Dates For The First Quarter 2023 Financial Information And Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) will disclose its unaudited 2023 first quarter financial information on Wednesday May 31, 2023, after the market closes. The Company will host a conference call on Thursday June 1, 2023, at 10:00 a.m. U.S. Eastern time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join the live conference call, interested persons will need to either: i) dial-in the following number: Toll/International: +1-412-717-9633, then passcode 39252103#, or ii) click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone after registering to the link. A replay of the call will be available from Thursday June 1, 2023, approximately 3 hours after conference end time, until Saturday, July 1, 2023, at 11:59 pm US ET. To access the replay of the conference call, interested persons need to dial +1-844-512-2921 (toll-free) for calls from U.S. and Canada, or +1-412-317-6671 for calls from other countries. The access code for the replay is: 13738908. _______________________________________________________________________________ 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 703 mono-brand stores and 508 galleries as of December 31, 2022, 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).
- 05/15/2023
|
Natuzzi Filed Its Annual Report on Form 20-F With the SEC
- SANTERAMO IN COLLE, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) announced today that it filed its annual report on Form 20-F (the “Annual Report”) for the fiscal year ended on December 31, 2022 with the U.S. Securities and Exchange Commission (“SEC”). The Annual Report is available on the Company’s website www.natuzzi.com within the Investor Relations page (http://natuzzigroup.com/en-EN/ir/investors.html), under the “SEC Filings” section. The Company’s shareholders can request a hard copy of the Annual Report, that includes the audited consolidated financial statements, free of charge, by contacting the Company at pdirenzo@natuzzi.com. 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 703 mono-brand stores and 508 galleries as of December 31, 2022, 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).
- 05/01/2023
|
Natuzzi S.p.A. (NTZ) Q4 2022 Earnings Call Transcript
- Natuzzi S.p.A. (NTZ) Q4 2022 Earnings Call Transcript.
- 04/19/2023
|
Natuzzi S.p.A.: 2022 Fourth Quarter and Full Year Financial Results and Shareholder Letter
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“we”, “Natuzzi” or the “Company” and, together with its subsidiaries, the “Group”), one of the most renowned brands in the production and distribution of design and luxury furniture, today reported its unaudited financial information for the fourth quarter and full year ended December 31, 2022. Pasquale Natuzzi, Chairman of the Group, commented: “We continue reporting an operating profit as a result of the execution of our Brand-Retailer strategy and of the work done by our team to streamline costs. We are focusing on these two elements, execution of our Brand-Retailer strategy and cost discipline, to ensure our Group gets through a challenging phase for the entire industry. High interest rates have caused a freezing of the house market and negatively impacted the purchases of durables. These trends are negatively affecting the furniture industry globally. Also, the broader business environment remains uncertain, with perduring geopolitical instability, continued inflation despite the increase in interest rates, high stock market volatility. We remain committed to our long-term plans, looking for business expansion and internal efficiency; at the same time, we are extremely vigilant to ensure a tight cost control and high financial discipline to navigate these difficult times.” Antonio Achille, CEO of the Group, commented: “We continue strengthening our commercial organization and executing our dual brand strategy to grow the business in line with our mid-term plan. The Company is accelerating the completion of its multiyear journey to become a Brand Retailer, transitioning from its original prevailing nature of manufacturer. On the brand front, we are focusing to ensure a clear market positioning for each of our two main brands, with appealing collections targeting distinctive segments of the market. As a result, today 92% of our sales are from Brands compared to 89% one year earlier. Measured at sell-out retail values, net of commercial discounts, our Branded Business has been of € 830 million in 2023. On the retail side, the Group has done significant progresses developing a retail merchandise that can sustain the performances of our DOS as well the ones of our Franchisees. We are confident the retail methodologies and IT tools we have developed will positively impact our retail performance, that today accounts for 61% of our sales globally from 53% one year earlier. 2022 confirms the improvements achieved by the Group to enhance marginality from operations. We have not yet achieved the level of operational efficiency we aspire to, but these initial results encourage us to execute our restructuring. Restructuring for us is not an end-goal per se, but the way to create a more agile and consumer-focused organization that can support the successful growth of our brands. During 4Q 2022, our net results has been impacted by non-recurring items and unexpected costs, which need to be explained in detail given their magnitude. As for the non-recurring items, during the fourth quarter of 2022 we had the followings: First of all, as part of our effort to streamline our cost structure, we accrued (€2.4) million of one-off restructuring costs (i.e., employees termination incentives) for our Italian operations. We also accrued (€1.0) for a legal dispute over a land on which part of the Group’s Brazilian plant is located. In addition, during the quarter, our income statement was affected by unexpected costs, due to a changed business environment: We reported (€2.4) million of adverse FX impact, chiefly due to the sharp strengthening of the euro vs the dollars that started from early October 2022. Overall FX impacts on 2022 remains positive. We reported (€2.7) million of financing costs deriving from higher interest rates. We are focusing on enhancing efficiency in our working capital management in an effort to improve the cash flow from operations and reduce the amount of third-party financing. The pick of COVID contagions in China during the last quarter has resulted in a stop of retail activity and a loss of (€1.6) million. Looking at our core business, we contemporarily focus on growth and cost discipline since we are both very confident on our mid-term potential, but also very aware of the difficult times the furniture industry is currently facing. On the growth side, in 2022, we added 52 Natuzzi franchise stores to our network, of which 39 located in China, 1 Natuzzi Editions DOS located in the US as well as 2 Natuzzi Editions DOS opened in the US in joint venture with a local partner. Therefore, as of the end of 2022, the total number of Natuzzi stores was 703, including 52 DOS directly managed by the Group, 24 stores directly managed by our JV in China and the 2 above mentioned DOS in JV in the US. Of these 703 points of sales, 379 are overall located in China. The network expansion will progress also in 2023. In term of DOS openings, we are focusing on U.S., which represents one of our largest retail opportunities, while we continue ensuring the retail expansion in the remaining geographies with franchises. In 2023 we will open 6 DOS in the U.S., of which 5 Natuzzi Italia, namely in San Diego, Atlanta, Denver, Houston and Manhasset, and 1 Natuzzi Editions in Frisco. We plan to open about 100 Natuzzi franchise stores worldwide in 2023. On strengthening our financial position, we continue focusing on our cash generation, with an effort to reduce the working capital from operations. We are undergoing different initiatives to optimize the inventory level of raw material and shorten the lead time of production inputs. In 2022 cash from operations was of €18.7 million compared to €0.5 million in 2021 and €4.7 million in 2019. We also progress with initiatives to sell non-strategic assets sitting in our balance sheet, in the U.S. and Italy in particular, with the aim of increasing flexibility to our Group’s structure. While we are confident that mid-term this negative demand cycle will end, we have not yet seen significant signs of inversion in the weak trend of demand that started mid-2022. However, the progressive de-stocking of North American retailers and the end of Covid in China give us hope that we are close to a turning point at least in these two continents. In Europe, consumer attitude evolution is more difficult to predict, since it highly depends on the development of geopolitical context and the economic health of the continent. We recently made steps toward the completion of our leadership team both in HQ and in our Regions. As anticipated last December, we are glad to have aboard Carlo Silvestri, our new Chief Financial Officer of the Group, who joins us from Ferragamo. In addition, we are glad to welcome Mr. Scott Kruger as new Vice President for our North American wholesale operations. Scott has a terrific track record in building and scaling business in Nord America and we are honored to have him joining our US team. We are convinced he will help us fostering the growth of our wholesale branded business for the U.S. and Canadian markets. 4Q 2022 CONSOLIDATED REVENUE 4Q 2022 consolidated revenue amounted to €116.5 million, an increase of 0.7% from €115.6 million in 4Q 2021, and 15.8% from €100.6 million of the pre-pandemic 4Q 2019. Excluding “other sales” of €3.1 million, 4Q 2022 invoiced sales from upholstered and other home furnishings products amounted to €113.4 million, an increase of 1.5% compared to 4Q 2021 and 18.5% compared to the pre-pandemic 4Q 2019. Delivered sales of upholstered and home furnishings benefitted from the reduction in the order backlog. Revenue from upholstered and other home furnishings products are hereafter described according to the main dimensions of the Group’s business: A: Branded/Unbranded Business B: Key Markets C: Distribution A. Branded/Unbranded business The Group operates in the branded business (with the Natuzzi Italia, Natuzzi Editions and Divani&Divani by Natuzzi) and the unbranded business, the latter with collections dedicated to large-scale distribution. A1. Branded business. Within the branded business, Natuzzi is pursuing a dual-brands strategy: In 4Q 2022, Natuzzi’s branded invoiced sales amounted to €103.9 million, an increase of 5.0% compared to 4Q 2021 and 28.0% compared to the pre-pandemic 4Q 2019. During the quarter, the branded portion of the business represented 91.6% of sales upholstered and other home furnishings products compared to 88.6% in 4Q 2021. The following is the contribution of each Brand to 4Q 2022 invoiced sales: Natuzzi Italia invoiced sales amounted to €51.7 million, an increase of 20.7% compared to 4Q 2021 and 38.1% compared to 4Q 2019. Natuzzi Editions invoiced sales (including invoiced sales from Divani&Divani by Natuzzi) amounted to €52.1 million, a decrease of (7.0%) compared to 4Q 2021, mainly as a result of a de-stocking process of large retailers in North America, and an increase of 19.2% compared to 4Q 2019. A2. Unbranded business. Invoiced sales from our unbranded business amounted to €9.5 million, a decrease of (25.6%) and (34.5%) compared to 4Q 2021 and 4Q 2019, respectively. The Company’s strategy is to focus on selected large accounts and serve them with a more efficient go-to-market model. B. Key Markets Here below a breakdown of 4Q 2022 upholstery and home-furnishings invoiced sales compared to 4Q 2021, according to the following geographic areas. 4Q 2022 4Q 2021 Delta € Delta % North America 30.6 30.0 0.6 2.0% Greater China 10.5 15.6 (5.1) (33.0%) West & South Europe 41.1 38.5 2.6 6.8% Emerging Markets 16.6 14.0 2.6 18.6% Rest of the World* 14.6 13.5 1.1 7.6% Total 113.4 111.7 1.7 1.5% Figures in €/million, except percentage *Include South and Central America, Rest of APAC. The performance of invoiced sales in the North America was curbed by the weak sales of the unbranded business, as the branded part increased medium-high single digit over 4Q 2021. As anticipated, during the quarter, operations of our partner in China were greatly affected by the difficult business environment following the perduring level of contagions in the region that significantly affected consumers’ traffic in our stores. C. Distribution In 2022, the Group distributed its branded collections in 105 countries, according to the following table. Direct Retail FOS Galleries Total Dec. 31, 2022 North America 15(1) 8 151 174 West & South Europe 34 101 130 265 Greater China 24(2) 355 ─ 379 Emerging Markets ─ 73 134 207 Rest of the World 5 88 93(3) 186 Total 78 625 508 1,211 (1) Included two DOS managed in joint venture with a local partner. As the Natuzzi Group does not exert full control in each of the two DOS, we consolidate only the sell-in from such DOS. (2) All directly operated by our Joint Venture in China. As the Natuzzi Group owns a 49% stake in the Joint Venture and does not control it, we consolidate only the sell-in from such DOS. (3) It includes 11 Natuzzi galleries (store-in-store points of sale) directly managed by the Mexican subsidiary of the Group. FOS = Franchise stores managed by independent partners. During 4Q 2022, Group’s invoiced sales from DOS and Concessions directly managed by the Group amounted to €22.2 million, an increase of 23.7% compared to 4Q 2021. In 4Q 2022, invoiced sales from franchise stores amounted to €46.6 million, an increase of 12.8% compared to 4Q 2021. We continue executing our strategy to become a Brand Retailer and improve the quality of our distribution network. The weight of the invoiced sales generated by the retail network (Directly Operated Stores, or DOS, and Franchise Operated Stores, or FOS) on total upholstered and home furnishings business in 4Q 2022 was 60.7% compared to 53.0% in 4Q 2021. The Group also sells its products through the wholesale channel, consisting primarily of Natuzzi-branded galleries in multi-brand stores, as well as mass distributors selling unbranded products. During 4Q 2022, invoiced sales from the wholesale channel amounted to €44.6 million, a decrease of (15.0%) compared to 4Q 2021. Such decrease is mainly attributable to lower sales from our large distributors in North America that are focusing on reducing their stock, thus postponing orders for new products. 4Q 2022 GROSS MARGIN In 4Q 2022, we had a gross margin of 37.0%, as compared to 35.6% in 4Q 2021, mainly due to a favorable sales and channel mix, a decrease in the average consumption of raw materials, as well as effective price adjustments that were enacted in the first part of the year in response to inflationary pressure. During the fourth quarter of 2022, the Company accrued (€2.1) million of labor-related cost following the incentive plan for workers who terminate their employment relationship at the Italian operations. Excluding such non-recurring restructuring labor cost, gross margin would have been equal to 38.8%. As for production inputs, we continue to face a mixed picture. While we continue to see a downward trend in the cost of leather, some raw materials, especially those that are energy-intensive, such as iron components and mechanisms, or wood, as well as oil-related products, such us polyurethane, remains stable and still at high levels. Furthermore, industrial costs increased by €0.4 million compared to the same quarter of 2021, almost entirely due to the persisting high level of energy cost. We are committed to modernize our industrial footprint, especially at the Italian operations, toward a 4.0 industrial work organization. The volatile business marketplace has led us to postpone some planned investments that have partially affected the improvement of performances in our factories. 4Q 2022 OPERATING EXPENSES During 4Q 2022, operating expenses (which include selling expenses, administrative expenses, other operating income/expenses, and the impairment of trade receivables) were (€41.3) million (or 35.5% on revenue), compared to (€40.6) million (or 35.2% on revenue) in 4Q 2021. During the quarter, the Company accounted for a total of (€1.7) million of accruals not linked to the ordinary course of the business. Net of such accruals, operating expenses would have been equal to (€39.6) million, or 34.0% of revenue. In particular, during 4Q 2022 the Company accrued: (€0.3) million of labor-related cost following the incentive plan for employees who terminate their employment relationship at the Italian operations. (€1.0) million within the Other Expenses caption for a contingency in connection with a legal dispute over a land on which part of the Group’s Brazilian plant is located. (€0.4) million for higher labor cost, following the adoption of the Stock Option Plan (“SOP”) approved by the Company’s shareholders on July 1, 2022. This accrual was based on an independent qualified third-party estimation of the fair value of the equity instruments granted under the SOP. In 4Q 2022, transportation costs were 12.5% of revenue, compared to 13.6% in 4Q 2021. 4Q 2022 NET FINANCE INCOME/(COSTS) During the fourth quarter of 2022, the Company reported (€4.8) million of Net Finance costs compared to Net Finance income of €1.7 million in 4Q 2021. Rising interest rates adversely impacted our results principally in terms of increased interest expense of rental contracts and third-party financing. As a consequence, during the quarter the Company reported Finance costs of (€2.7) million compared to Finance costs of (€1.5) million in 2021 fourth quarter. In addition, the sharp rebound in Euro occurred during the quarter toward major currencies has resulted in a net exchange rate loss of (€2.4) million (compared to a net exchange rate gain of €2.8 million in 4Q 2021), mainly deriving from the difference between invoice exchange rates and collection/payment exchange rates, as well as the mark-to-market evaluation on trade receivables and payables not yet expired as of the end of the year. Considering the full 2022, we had a net exchange rate gain €2.4 million, compared to a net gain of €1.9 million in 2021. KEY RESULTS SUMMARY: FULL YEAR 2022 During 2022, the Company reported the following results: Total revenue of €468.5 million, an increase of 9.6% compared to 2021 and 21.1% compared to the pre-pandemic 2019. We had a gross margin of 35.1%, compared to 36.0% and 29.7% reported in 2021 and 2019, respectively. 2022 gross margin was mainly affected by high cost of raw materials and spike in energy costs. Furthermore, excluding (€2.2) million of labor-related accrual following the incentive plan for workers who terminate their employment relationship, gross margin would have been 35.6%. Depreciation and amortization for the period, which include the depreciation charge of right-of-use assets related to the operating leases and accounted for in the cost of sales, selling and administrative expenses, amounted to €21.7 million, compared to €21.4 million and €25.1 million in 2021 and 2019, respectively. We had an operating profit of €8.4 million, compared to an operating profit of €4.9 million in 2021 and an operating loss of (€22.5) million reported in 2019. 2022 operating profit includes further (€2.3) million of non-recurring accruals, namely (€1.0) million in connection with the SOP, (€1.0) million for the legal dispute in Brazil and (€0.3) million of labor-related cost following the incentive plan for workers who terminate their employment relationship. Net finance costs were (€5.2) million, mainly as a result of Finance costs of (€8.5) million, due to rising interest rates, and a Net exchange rate gain of €2.4 million. 2022 Net Finance costs compare to net finance income of €0.3 million in 2021 and net finance costs of (€9.9) million in 2019. We had a profit after tax for the period of €1.3 million, which compares to a profit after tax of €4.4 million in 2021 that included a one-off gain of €5.0 million from the disposal in 2021 of a formerly wholly owned subsidiary of the Company, as part of Natuzzi’s strategy to streamline its operating model. The €1.3 million profit after tax compares to a loss after tax of (€33.7) million reported for 2019. BALANCE SHEET AND CASH FLOW During 2022, €18.7 million of net cash were provided by operating activities as a result of: A profit for the period of 1.3 million; adjustments for non-monetary items of €27.3 million, of which depreciation and amortization of €21.7 million; nil change in working capital, mainly as a result of lower inventories for €10.1 million, higher trade and other receivables for (€1.2) million, offset by higher trade and other liabilities; interest and taxes paid of (€9.9) million. During 2022, (€4.7) million of cash were used in investing activities, as a result of (€9.0) million of cash invested in net capital expenditures, (€0.5) million as capital contribution in the joint venture Natuzzi Texas LLC to open Natuzzi stores, partially offset by €3.7 million as dividends received from our JV in China in addition to €1.1 million of cash collected in connection with the completion of the sale transaction of a former Company’s subsidiary. In the same period, (€13.5) million of cash were used in financing activities, due to the repayment of long-term borrowing for (€4.5) million, (€7.4) million for short-term borrowing repayment and (€10.0) million for lease repayment and (€0.6) million as dividends distribution in favor of non-controlling interests, partially offset by €4.0 million provided by a long-term loan made available by the Italian government as part of the COVID-19 measures to support businesses, €4.9 million as a capital contribution by the Vietnamese partner who acquired a 20% stake in Natuzzi Singapore. As a result, as of December 31, 2022, cash and cash equivalents was €54.5 million compared to €53.5 million as of December 31, 2021. As of December 31, 2022, we had a net financial position before lease liabilities (cash and cash equivalents minus long-term borrowings minus bank overdraft and short-term borrowings minus current portion of long-term borrowings) of €7.9 million, compared to (€0.1) million as of December 31, 2021. With reference to the SOP, as at December 31, 2022, only one beneficiary has exercised the option by subscribing 220,000 ordinary shares of the Company (equivalent to 44,000 American Depositary Receipts, or ADRs). Therefore, as of December 31, 2022, the total number of ordinary shares issued and outstanding by the Company is 55,073,045. Natuzzi’s Ordinary Shares are listed on the NYSE in the form of American Depositary Receipts (ADRs), with 1 ADR representing 5 Ordinary Shares. ****** CONFERENCE CALL The Company will host a conference call to discuss fourth quarter and full year 2022 financial results on Friday April 14, 2023, at 10:00 a.m. U.S. Eastern Time (4.00 p.m. Italy time, or 3.00 p.m. UK time). To join the live conference call, interested persons will need to either: Fourth quarter ended on Change Percentage of revenue 31-Dec-22 31-Dec-21 % 31-Dec-22 31-Dec-21 116.5 115.6 0.7% 100.0% 100.0% (73.4) (74.4) -1.4% -63.0% -64.4% 43.1 41.2 4.6% 37.0% 35.6% 1.7 1.4 1.5% 1.2% (32.1) (32.0) 0.6% -27.6% -27.6% (9.5) (9.9) -3.8% -8.2% -8.6% (0.0) (0.0) 0.0% 0.0% (1.4) (0.2) -1.2% -0.1% 1.8 0.6 1.5% 0.5% 0.2 0.2 0.2% 0.1% (2.7) (1.5) -2.3% -1.3% (2.4) 2.8 -2.0% 2.4% — 0.3 0.0% 0.2% (4.8) 1.7 -4.1% 1.5% (1.6) 0.8 -1.4% 0.7% (4.6) 3.1 -4.0% 2.7% (0.6) (1.2) -0.5% -1.1% (5.3) 1.9 -4.5% 1.6% (6.0) 1.5 0.7 0.4 (1) Included €2.1 million of labor-related cost following the incentive plan for workers who terminate their employment relationship at the Italian operations. (2) Included €0.4 million of labor cost related to the adoption of the SOP. (3) Included €0.3 million of labor-related cost following the incentive plan for employees who terminate their employment relationship at the Italian operations. (4) Included €1.0 million for a contingency in connection with a legal dispute over a land on which part of the Group’s Brazilian plant is located. Twelve months ended on Change Percentage of revenue 31-Dec-22 31-Dec-21 % 31-Dec-22 31-Dec-21 468.5 427.4 9.6% 100.0% 100.0% (304.2) (273.6) 11.2% -64.9% -64.0% 164.3 153.8 6.8% 35.1% 36.0% 6.5 6.4 1.4% 1.5% (124.9) (121.6) 2.7% -26.7% -28.5% (35.5) (33.3) 6.5% -7.6% -7.8% (0.3) (0.1) -0.1% 0.0% (1.7) (0.3) -0.4% -0.1% 8.4 4.9 1.8% 1.1% 0.9 0.2 0.2% 0.1% (8.5) (6.8) -1.8% -1.6% 2.4 1.9 0.5% 0.4% — 5.0 0.0% 1.2% (5.2) 0.3 -1.1% 0.1% 0.4 3.6 0.1% 0.8% 3.6 8.8 0.8% 2.1% (2.3) (4.4) -0.5% -1.0% 1.3 4.4 0.3% 1.0% (0.5) 3.6 1.8 0.8 (1) Included €2.2 million of labor-related cost following the incentive plan for workers who terminate their employment relationship at the Italian operations. (2) Included €1.0 million of labor cost related to the adoption of the SOP. (3) Included €0.3 million of labor-related cost following the incentive plan for employees who terminate their employment relationship at the Italian operations. (4) Included €1.0 million for a contingency in connection with a legal dispute over a land on which part of the Group’s Brazilian plant is located. 177.6 189.6 191.0 200.4 368.6 390.0 87.9 82.3 4.7 1.5 95.3 107.5 180.8 198.7 368.6 390.0 18.7 0.5 (4.7) 7.0 (13.5) (2.0) 0.5 5.5 52.2 46.1 (0.1) 0.6 52.7 52.2 54.5 53.5 (1.8) (1.2) 52.7 52.2 CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS Certain statements included in this press release constitute forward-looking statements within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be expressed in a variety of ways, including the use of future or present tense language. Words such as “estimate,” “forecast,” “project,” “anticipate,” “likely,” “target,” “expect,” “intend,” “continue,” “seek,” “believe,” “plan,” “goal,” “could,” “should,” “would,” “may,” “might,” “will,” “strategy,” “synergies,” “opportunities,” “trends,” “ambition,” “objective,” “aim,” “future,” “potentially,” “outlook” and words of similar meaning may signify forward-looking statements. These statements involve risks and uncertainties that could cause the Company’s actual results to differ materially from those stated or implied by such forward-looking statements including, but not limited to, potential risks and uncertainties described at page 3 of this document relating to the supply-chain, the cost and availability of raw material, production and shipping and the modernization of our Italian manufacturing and those relating to the duration, severity and geographic spread of the COVID-19 pandemic, actions that may be taken by governmental authorities to contain the COVID-19 pandemic or to mitigate its impact, the potential negative impact of COVID-19 on the global economy, consumer demand and our supply chain, and the impact of COVID-19 on the Company's financial condition, business operations and liquidity, as well as the geopolitical tensions and market uncertainties resulting from the Russian invasion of Ukraine and current conflict. Additional information about potential factors that could affect the Company’s business and financial results is included in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 20-F. The Company undertakes no obligation to update any of the forward-looking statements after the date of this press release. 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 703 mono-brand stores and 508 galleries as of December 31, 2022, 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).
- 04/13/2023
|
Natuzzi S.p.A. Announces Updated Dates for the Fourth Quarter and Full Year 2022 Financial Information and Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) will disclose its unaudited 2022 fourth quarter and full year financial information on Thursday April 13, 2023, after the market closes. The Company will host a conference call on Friday April 14, 2023, at 10:00 a.m. U.S. Eastern Time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join the live conference call, interested persons will need to either: i) dial-in the following number: Toll/International: +1-412-717-9633, then passcode 39252103#; or ii) click on the following link: https://www.c-meeting.com/web3/join/3PQUFXRW48XTKQ to join via video. Participants also have option to listen via phone after registering to the link. A replay of the call will be available from Friday April 14, 2023, approximately 3 hours after conference end time, until Sunday, May 14, 2023 at 11:59 pm US ET. To access the replay of the conference call, interested persons need to dial +1-844-512-2921 (toll-free) for calls from U.S. and Canada, or +1-412-317-6671 for calls from other Countries. The access code for the replay is: 13738159. _______________________________________________________________________________ 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 703 mono-brand stores and 508 galleries as of December 31, 2022, 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).
- 04/12/2023
|
Natuzzi S.p.A. Postpones Dates for the 2022 Fourth Quarter and Full-Year Financial Information and Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) announced today that the Company is postponing its release of the Company’s 2022 fourth quarter and full-year financial results and conference call, originally scheduled for April 5, 2023 and April 6, 2023, respectively. The Company’s joint venture in China, in which Natuzzi retains a 49% interest and which is accounted for in the Company’s consolidated financial statements using the equity method, needs to carry out certain additional procedures to ensure the accuracy of its reporting of financial information for 2022 and, therefore, has not yet completed its preparation of the full-year ended December 31, 2022 financial results. The board of directors of the Company will wait for such procedures to be substantially completed before approving and releasing the Company’s 2022 fourth quarter and full-year financial results. The Company expects that such procedures will be substantially completed within the first half of April 2023. The Company will announce the updated dates for its earnings release and conference call as soon as they are available. _______________________________________________________________________________ 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 703 mono-brand stores and 508 galleries as of December 31, 2022, 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).
- 04/05/2023
|
Natuzzi S.p.A. Announces Dates For The Fourth Quarter 2022 Financial Information And Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) will disclose its unaudited 2022 fourth quarter financial information on Wednesday April 5, 2023, after the market closes. The Company will host a conference call on Thursday April 6, 2023, at 10:00 a.m. U.S. Eastern Time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information.
- 03/24/2023
|
Natuzzi: We Are Still On Hold
- Despite the positive Q3 results, we are still forecasting a slowdown in sales. The company's operating leverage might suffer due to the higher energy costs & raw material inflationary pressure.
- 12/28/2022
|
Natuzzi S.p.A. (NTZ) Q3 2022 Earnings Call Transcript
- Natuzzi S.p.A. (NYSE:NTZ ) Q3 2022 Earnings Conference Call November 28, 2022 10:00 AM ET Company Participants Piero Direnzo - Investor Relations Antonio Achille - Chief Executive Officer Jason Camp - President, Natuzzi Americas Pasquale Natuzzi - Founder and Executive Chairman Conference Call Participants David Kanen - Kanen Wealth Management Operator Good day ladies and gentlemen.
- 11/28/2022
|
Natuzzi S.p.A. Announces Dates For The Third Quarter 2022 Financial Information And Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A.
- 11/10/2022
|
Natuzzi to Present at the LD Micro Investor Conference
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A.
- 10/25/2022
|
Natuzzi S.p.A. Announces Dates For The Second Quarter 2022 Financial Information And Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (the “Company”) will disclose its unaudited 2022 second quarter financial information on Friday September 30, 2022, after the market closes. The Company will host a conference call on Monday October 3, 2022, at 10:00 a.m. U.S. Eastern Time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join the live conference call, interested persons will need to either i) dial-in the following numbe
- 09/08/2022
|
Natuzzi S.p.A. (NTZ) CEO Antonio Achille on Q1 2022 Results - Earnings Call Transcript
- Natuzzi S.p.A. (NYSE:NTZ ) Q1 2022 Earnings Conference Call May 31, 2022 10:00 AM ET Company Participants Piero Direnzo - Investor Relations Antonio Achille - Chief Executive Officer Jason Camp - President Pasquale Natuzzi - Chairman Conference Call Participants Dave Kanen - Kanen Wealth Management Operator Good day ladies and gentlemen.
- 05/31/2022
|
5 Stocks To Watch For May 31, 2022
- Some of the stocks that may grab investor focus today are: Wall Street expects HP Inc. (NYSE: HPQ) to report quarterly earnings at $1.05 per share on revenue of $16.17 billion after the closing bell. HP shares rose 0.1% to $38.76 in after-hours trading.
- 05/31/2022
|
Reminder: Natuzzi S.p.A. to Host First Quarter 2022 Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--As a reminder, Natuzzi S.p.A. (NYSE: NTZ) will host a conference call today, Tuesday May 31, 2022, at 10:00 a.m. U.S. Eastern Time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss first quarter 2022 financial information. To join the live conference call, interested persons will need to either i) dial-in the following number: Toll/International: +1-412-717-9633, passcode 39252103#; or ii) click on the following link: https://www.c-meeting
- 05/31/2022
|
Natuzzi S.P.A. Announces Dates For The First Quarter 2022 Financial Information And Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (the “Company”) will disclose its unaudited 2022 first quarter financial information on Friday May 27, 2022, after the market closes. The Company will host a conference call on Tuesday May 31, 2022, at 10:00 a.m. U.S. Eastern Time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial information. To join the live conference call, interested persons will need to either i) dial-in the following number: Toll/I
- 05/20/2022
|
Natuzzi to Present at the Sidoti Micro Cap Virtual Investor Conference
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE:NTZ), the Italian largest furniture company and one of the main global players in the production of design and high-end furniture, distributing its products globally through 651 Natuzzi stores, is pleased to announce that the new Natuzzi Chief Executive Officer, Antonio Achille, and the President of Natuzzi Americas, Jason Camp, will present at the Sidoti Micro Cap Virtual Conference on May 11 at 11:30 a.m. ET. A live webcas
- 05/05/2022
|
Natuzzi S.p.A. (NTZ) CEO Antonio Achille on Q4 2021 Results - Earnings Call Transcript
- Natuzzi S.p.A. (NTZ) CEO Antonio Achille on Q4 2021 Results - Earnings Call Transcript
- 04/11/2022
|
Natuzzi S.P.A. Announces Dates For The Fourth Quarter And Full Year 2021 Financial Results And Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) will disclose its unaudited 2021 fourth quarter and full year financial results on Friday April 8th, 2022. The Company will host a conference call on Monday April 11th, 2022, at 10:00 a.m. U.S. Eastern Time (4.00 p.m. Italy time, or 3.00 p.m. UK time) to discuss financial results. To join the live conference call, interested persons will need to either i) dial-in the following number: Toll/
- 03/23/2022
|
Natuzzi S.p.A. (NTZ) CEO Antonio Achille on Q3 2021 Results - Earnings Call Transcript
- Natuzzi S.p.A. (NTZ) CEO Antonio Achille on Q3 2021 Results - Earnings Call Transcript
- 11/29/2021
|
Natuzzi: Q3 Update And The Coiled Spring
- Fair value is over four times the current price. Written order growth continues to accelerate.
- 11/29/2021
|
Natuzzi S.P.A. Announces Release Dates for 2021 Third Quarter Financial Results and Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--NATUZZI S.P.A. ANNOUNCES RELEASE DATES FOR 2021 THIRD QUARTER FINANCIAL RESULTS AND CONFERENCE CALL
- 11/12/2021
|
Natuzzi: Luxury Giant At A Deep Value Price
- Recently the highest recognized luxury furniture brand globally, NTZ, is now led by a CEO with skin in the game, low-hanging fruit, and the right vision/strategy. NTZ has a hidden asset in its 49% interest in the Kuka JV, which is worth more than the year-end EV, and NTZ has said they will explore value maximization.
- 10/01/2021
|
Natuzzi S.p.A. (NTZ) CEO Antonio Achille on Q1 2021 Results - Earnings Call Transcript
- Natuzzi S.p.A. (NTZ) CEO Antonio Achille on Q1 2021 Results - Earnings Call Transcript
- 09/27/2021
|
Natuzzi S.p.A.: Second Quarter 2021 Highlights
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi Announces Consolidated Results for the Second Quarter Of 2021
- 09/24/2021
|
Natuzzi S.p.A. (NTZ) Management on Q1 2021 Results - Earnings Call Transcript
- Natuzzi S.p.A. (NTZ) Management on Q1 2021 Results - Earnings Call Transcript
- 05/24/2021
|
Natuzzi Announces Consolidated Results for the First Quarter 2021
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi Announces Consolidated Results for the First Quarter 2021
- 05/21/2021
|
Natuzzi S.p.A. Announces Dates for the First Quarter 2021 Financial Results and Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. Announces Dates for the First Quarter 2021 Financial Results and Conference Call
- 05/17/2021
|
Natuzzi Filed Its Annual Report on Form 20-F With the SEC
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--NATUZZI FILED ITS ANNUAL REPORT ON FORM 20-F WITH THE SEC.
- 04/30/2021
|
Annual General Shareholders' Meeting of Natuzzi S.p.A.
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--ANNUAL GENERAL SHAREHOLDERS' MEETING OF NATUZZI S.P.A.
- 04/23/2021
|
Natuzzi Trades At A Fraction Of Fair Value
- The market is missing the continued acceleration in written orders that will show up in operating results in 2021. We are at just shy of $5/share in EBITDA for 2021. The private market value of this business, including the esteemed global Natuzzi brand, is in excess of $47/share. There are a number of reasons why this gap will close.
- 04/08/2021
|
Natuzzi S.p.A. (NTZ) CEO Pasquale Natuzzi on Q4 2020 Results - Earnings Call Transcript
- Natuzzi S.p.A. (NTZ) CEO Pasquale Natuzzi on Q4 2020 Results - Earnings Call Transcript
- 04/07/2021
|
Natuzzi Announces Consolidated Results for the Fourth Quarter and Full Year 2020
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi Announces Consolidated Results for the Fourth Quarter and Full Year 2020
- 04/06/2021
|
Natuzzi S.P.A. Announces Dates For The Fourth Quarter and Full Year 2020 Financial Results And Conference Call
- SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--NATUZZI S.P.A. ANNOUNCES DATES FOR THE FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS AND CONFERENCE CALL.
- 03/26/2021
|
Natuzzi: Very Cheap Business That Is Inflecting And Has Significant Upside
- Natuzzi S.p.A. has no research coverage and trades at a significant discount to peers and intrinsic value. The business is inflecting. The company trades at ~20% of forward sales and below tangible book – which significantly understates the value of the Natuzzi brand.
- 11/30/2020
|
Natuzzi S.P.A.: Shareholders Need To Trust Pasquale Natuzzi
- Natuzzi SpA finally seems to be out of the woods, after the company's quick reaction to the pandemic. A bonanza will materialize in the next quarters and will give the management time to execute its reorganization.
- 11/20/2020
|
Natuzzi (NYSE:NTZ) and Casper Sleep (NYSE:CSPR) Critical Review
- Natuzzi (NYSE:NTZ) and Casper Sleep (NYSE:CSPR) are both small-cap consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, institutional ownership, risk, valuation, analyst recommendations, dividends and earnings. Institutional & Insider Ownership 6.6% of Natuzzi shares are owned by institutional investors. Comparatively, 30.9% […]
- 10/22/2020
|
24 chiffres pour préfacer les 24 Heures de Spa-Francorchamps 2020
- Révision générale à la veille des premiers essais sur le toboggan ardennais
- 10/21/2020
|
The Baby Car Seat Market to Reach $ 2.28 bn by 2024, Artsana Spa, Britax Excelsior Ltd., and Zhen Jiang Yko Child Product Co. Ltd Emerge as Key Contributors to the Global Baby Car Seat Market Growth | Technavio
- The Global Baby Car Seat Market will grow by USD 2.28 bn during 2020-2024
- 10/21/2020
|
Global Flexible Pipes Market for Oil and Gas - Featuring Airborne Oil & Gas BV, Continental AG, FlexSteel Pipeline Technologies Inc., Among Others | Technavio
- The Global Flexible Pipes Market for Oil and Gas will grow by USD 123.54 mn during 2020-2024
- 10/15/2020
|
Swimwear Market to reach USD 1.56 bn by 2024, Arena Spa and Chantelle Group emerge as Key Contributors to growth | Technavio
- The Global Swimwear Market will grow by $ 1.56 bn during 2020-2024
- 10/13/2020
|
Baby Stroller and Pram Market in the US to reach USD 75.30 mn by 2024, Artsana Spa, Baby Trend Inc., and Nuna International BV., emerge as Key Contributors to growth | Technavio
- The Baby Stroller and Pram Market in US will grow by USD 75.30 mn during 2020-2024
- 10/08/2020
|
Baby Car Seat Market to Reach USD 2.28 bn by 2024, Artsana Spa and Britax Excelsior Ltd., Emerge as Key Contributors to Growth | Technavio
- The Global Baby Car Seat Market will grow by USD 2.28 bn during 2020-2024
- 10/05/2020
|
Groupe PSA et FCA annoncent les membres du Conseil d’Administration de Stellantis
- Regulatory News: Peugeot S.A. (Paris:UG): AVIS IMPORTANT En lisant cette communication, vous acceptez de fait d’être lié par les limitations et qualif
- 09/29/2020
|
Worldwide Hydrotherapy Equipment Industry to 2026 - Featuring Sidmar Manufacturing, SwimEx & Narang Medical Among Others - ResearchAndMarkets.com
|
Natuzzi Announces Consolidated Results for the Second Quarter and First Six Months of 2020
- The Board of Directors of Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) approved today its 2020 unaudited second quarter and first six month
- 09/25/2020
|
Insights on the Facial Rejuvenation Global Market to 2026 - Industry Perspective, Comprehensive Analysis, and Forecast - ResearchAndMarkets.com
|
Award Winning Fountain Spa and Fitness Center Expands to Offer Families and Individuals a Safe Place to Work Out, Unwind and Recharge
|
Global Industrial Overrunning Clutches Market (2020 to 2024) - Featuring Hilliard, Schaeffler & SSS Gears Among Others - ResearchAndMarkets.com
|
Critical Review: Casper Sleep (NYSE:CSPR) and Natuzzi, S.p.A (NYSE:NTZ)
- Casper Sleep (NYSE:CSPR) and Natuzzi, S.p.A (NYSE:NTZ) are both small-cap retail/wholesale companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, profitability, dividends, earnings, valuation and institutional ownership. Institutional & Insider Ownership 30.9% of Casper Sleep shares are held by institutional investors. Comparatively, […]
- 09/22/2020
|
Worldwide Automotive Carbon Ceramic Brake Rotors Industry to 2024 - Key Drivers, Challenges and Trends - ResearchAndMarkets.com
|
Refrigerated Cabinet Market| Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic| Technavio
- The Global Refrigerated Cabinet Market will grow by USD 6.55 bn during 2020-2024
- 09/15/2020
|
First look: is this the UK's best socially distanced spa staycation?
- To be quite frank, after the year we’ve had all we really need right now is some good pampering. Thankfully, with spas back on, a restorative staycation is set to be autumn’s biggest travel trend. To kick this off, the Gilpin Hotel & Lake House in the Lake District has just unveiled its latest rooms, the Spa Lodge 100s. A whopping 25 per cent bigger than its original (and iconic) spa lodges. With an in-room sauna, steam room and outdoor jacuzzi, these could be just the ticket for a socially-distanced spa staycation.
- 09/11/2020
|
Natuzzi S.p.A. : Announces Release Date For Second Quarter and First Half 2020 Financial Results | MarketScreener
|
Struggling Ferrari miles off the F1 pace at Spa with no quick fix in sight
- Ferrari’s shortcomings seem likely to be amplified at the Belgian Grand Prix, where they have been so successful in the past
- 08/28/2020
|
Global Spa Services Market (2020 to 2025) - Asia Pacific Region to Show Robust Growth - ResearchAndMarkets.com
|
Baby Car Seat Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Availability of Customized Baby Car Seats to Boost the Market Growth | Technavio
- The Global Baby Car Seat Market will grow by USD 2.28 bn during 2020-2024
- 08/24/2020
|
CanSino to start Phase III trial of COVID-19 vaccine in Saudi
- CanSino to start Phase III trial of COVID-19 vaccine in Saudi
- 08/09/2020
|
Dramatic CCTV Shows Moment of Beirut Blast's Impact on Furniture Store
- CCTV footage exclusively obtained by Storyful shows the dramatic impact of the August 4 Beirut explosion on a furniture store just 1km from the blast site. The store, a local branch of the Italian furniture company Natuzzi, is run by the Lebanese businessman Naji Fatte, who told Storyful that, incredibly, his staff were unharmed. A…
- 08/07/2020
|
Saudi coalition says it shot down Houthi drone heading for kingdom
- Saudi coalition says it shot down Houthi drone heading for kingdom
- 08/06/2020
|
El hotel más emblemático de Tulum
- Ana y José Hotel & Spa es el proyecto pionero en la zona que reúne belleza caribeña y riqueza cultural maya en un sólo lugar.
- 07/30/2020
|
Natuzzi S p A : Renews Its Securitization Facility | MarketScreener
|
Natuzzi Renews Its Securitization Facility
- NATUZZI RENEWS ITS SECURITIZATION FACILITY
- 07/24/2020
|
Saudi King Salman holds cabinet meeting virtually from hospital: SPA
- Saudi King Salman holds cabinet meeting virtually from hospital: SPA
- 07/21/2020
|
Saudi King Salman, 84, admitted to hospital
- Saudi King Salman, 84, admitted to hospital
- 07/20/2020
|
Alexco Resource: Project Outlook Is Brightened By Three Recent Updates (NYSEMKT:AXU)
- AXU has provided three positive updates relating to its flagship property. These include draft water use license, proposed amendments to silver purchase streaming agreement with Wheaton, and additional equity financing worth CA$ 26 million.
- 07/07/2020
|
Natuzzi S p A : REGAINS COMPLIANCE WITH NYSE (PRICE STANDARD) (July 2020) | MarketScreener
|
Jadestone Energy Inc. – Arbitration Commences Over Vietnam Acquisition | | IT Business Net
- SINGAPORE / ACCESSWIRE / July 3, 2020 / Jadestone Energy Inc. (AIM:JSE) ("Jadestone", or the "Company"), an independent oil and gas production company focused on the Asia Pacific r
- 07/03/2020
|
The 7 Coolest Spas in Paris - Grace & Lightness Magazine
- The best spas in Paris offer a world-class variety of soothing relaxation treatments, from New Age crystal work to ancient East-meets-West massage.
- 07/02/2020
|
Natuzzi Regains Compliance With NYSE Continued Listing Standard for Average Closing Price
- NATUZZI REGAINS COMPLIANCE WITH NYSE CONTINUED LISTING STANDARD FOR AVERAGE CLOSING PRICE.
- 07/02/2020
|
Natuzzi Regains Compliance With NYSE Continued Listing Standard for Average Closing Price
- NATUZZI REGAINS COMPLIANCE WITH NYSE CONTINUED LISTING STANDARD FOR AVERAGE CLOSING PRICE.
- 07/02/2020
|
Semana clave para la apertura de los grandes hoteles de Marbella
- Puente Romano, Marbella Club o Meliá Don Pepe reanudan su actividad los primeros días de julio
- 06/29/2020
|
Saudi Arabia says it forces three Iranian boats out of its waters
- Saudi Arabia forced three Iranian boats to retreat from its waters on Thursday after firing warning shots, a spokesman for Saudi boarder guards said on Saturday.
- 06/28/2020
|
Saudi Arabia says it forces three Iranian boats out of its waters
- Saudi Arabia forced three Iranian boats to retreat from its waters on Thursday after firing warning shots, a spokesman for Saudi boarder guards said on Saturday.
- 06/27/2020
|
Saudi Arabia says it forces three Iranian boats out of its waters
- Saudi Arabia forced three Iranian boats to retreat from its waters on Thursday after firing warning shots, a spokesman for Saudi boarder guards said on Saturday.
- 06/27/2020
|
Saudi Arabia says it forces three Iranian boats out of its waters
- Saudi Arabia forced three Iranian boats to retreat from its waters on Thursday after firing warning shots, a spokesman for Saudi boarder guards said on Saturday. The spokesman, quoted by Saudi news agency SPA, said the Iranian vessels refused to stop after they entered Saudi waters despite repeated warnings, which forced the Saudi authorities to fire the warning shots.
It was not immediately clear whether the two reports referred to the same incident.
- 06/27/2020
|
Saudi Arabia says it forces three Iranian boats out of its waters
- Saudi Arabia says it forces three Iranian boats out of its waters
- 06/27/2020
|
Natuzzi S p A : Announces Consolidated Results for the First Quarter of 2020 | MarketScreener
|
Natuzzi Announces Consolidated Results for the First Quarter of 2020
- NATUZZI ANNOUNCES CONSOLIDATED RESULTS FOR THE FIRST QUARTER OF 2020
- 06/26/2020
|
Natuzzi Announces Consolidated Results for the First Quarter of 2020
- NATUZZI ANNOUNCES CONSOLIDATED RESULTS FOR THE FIRST QUARTER OF 2020
- 06/26/2020
|
Insights & Forecast with Potential Impact of COVID-19 - Luxury Furniture Market 2020-2024 | Increase In The Number Of Office Spaces to Boost Growth | Technavio
- The Luxury Furniture Market in Middle East will grow by $ 271.87 mn during 2020-2024
- 06/25/2020
|
Fear of missing out? Beware agents' hype on new home sales and prices
- THERE has been much hype generated by some property agents about the relatively strong primary-market private housing sales volumes during the recent "circuit breaker" lockdown period - despite restrictions that curtailed developers' ability to launch new projects. Read more at The Business Times.
- 06/24/2020
|
Saudi Arabia imposes ban on entry of Iqama holders
- As part of precautionary measures against the novel coronavirus, Saudi Arabia on Wednesday imposed a ban on the entry of iqama holders into the kingdom for an unidentified period.
- 06/24/2020
|
Natuzzi, S.p.A (NTZ) Set to Announce Earnings on Friday
- Natuzzi, S.p.A (NYSE:NTZ) will be posting its quarterly earnings results after the market closes on Friday, June 26th. NYSE NTZ opened at $1.26 on Wednesday. The company has a 50-day simple moving average of $0.86 and a two-hundred day simple moving average of $1.16. The company has a quick ratio of 0.57, a current ratio […]
- 06/24/2020
|
Saudi Arabia says it intercepts Yemen rebel drones, missiles
- Saudi Arabia said Tuesday it intercepted ballistic missiles and bomb-laden drones launched by Yemen's Houthi rebels in an attack that began the previous night.
- 06/23/2020
|
Yemen's Houthis say they launched missile, drone attack on Riyadh
- Yemen's Iran-aligned Houthi movement said it launched a large missile and drone attack deep in Saudi Arabia on Tuesday that struck the defence ministry and a military base in Riyadh, but the kingdom said it blocked the assault.
- 06/23/2020
|
Saudi Arabia says it intercepts Yemen rebel drones, missiles
- DUBAI, United Arab Emirates (AP) - Saudi Arabia said Tuesday it intercepted ballistic missiles and bomb-laden drones launched by Yemen's Houthi rebels in an attack that began the previous night.
The kingdom has fought a yearslong war against the Iranian-backed Houthis, who seized Yemen's capital in September 2014.
The attack began late Monday, with a brief statement on the state-run Saudi Press Agency suggesting other drones may have slipped passed Saudi air defenses, without elaborating.
On Tuesday, the SPA news agency quoted the kingdom's military spokesman, Col. Turki al-Malki, as saying that Saudi air defenses intercepted a ballistic missile fired "toward Riyadh." The report did not elaborate. Al-Malki said the Houthis launched two other ballistic missiles and eight bomb-carrying drones in the attack, all of which the kingdom destroyed.
The Houthis claimed they targeted the headquarters of Saudi Arabia's Defense Ministry, the King Salman air base and an intelligence building in the capital, Riyadh, along with other military buildings in the regions of Najran and Jizan in the kingdom's south.
Yahai Sarei, a Houthi military spokesman, said in a statement that they used ballistic missiles and drones in the attack, which came as the rebels are pressing ahead to take control of the oil-rich central province of Marib from the government forces.
British Foreign Secretary Dominic Raab condemned the Houthi attacks and called on the Iranian-backed rebels to instead allow for a U.N. humanitarian response to the coronavirus pandemic in areas under their control.
"With over a million Yemenis believed to have contracted Coronavirus, it is more vital than ever that the Houthis cease their hostilities and allow the U.N.-led humanitarian response to get on with saving...
- 06/23/2020
|
Yemen's Houthis say they launched missile, drone attack on Riyadh
- Yemen's Iran-aligned Houthi movement said it launched a large missile and drone attack deep in Saudi Arabia on Tuesday that struck the defence ministry and a military base in Riyadh, but the kingdom said it blocked the assault.
- 06/23/2020
|
Yemen's Houthis say they launched missile, drone attack on Riyadh
- Yemen's Iran-aligned Houthi movement said it launched a large missile and drone attack deep in Saudi Arabia on Tuesday that struck the defence ministry and a military base in Riyadh, but the kingdom said it blocked the assault.
- 06/23/2020
|
Yemen's Houthis say they launched missile, drone attack on Riyadh
- Yemen's Iran-aligned Houthi movement said it launched a large missile and drone attack deep in Saudi Arabia on Tuesday that struck the defence ministry and a military base in Riyadh, but the kingdom said it blocked the assault.
- 06/23/2020
|
Britain condemns Houthi missile attack on Saudi Arabia
- LONDON: Britain on Tuesday condemned a misisle and drone attack on Saudi Arabia launched by Yemen’s Iran-aligned Houthi militia. “I condemn these latest attacks on Saudi Arabia by the Houthis, and their continued offensives within Yemen which cast further doubt on their claims to want peace,” Raab said in a statement. The Houthis have launched eight drones and three ballistic missiles toward the capital Riyadh between late Monday and early Tuesday, Arab coalition spokesperson Col. Turki Al-Maliki said.
- 06/23/2020
|
Saudi Arabia says it intercepts Yemen rebel drones, missiles
- The attack began late Monday, with a brief statement on the state-run Saudi Press Agency suggesting other drones may have slipped passed Saudi air defenses, without elaborating.
- 06/23/2020
|
Yemen's Houthis say they launched missile, drone attack on Riyadh
- Yemen's Iran-aligned Houthi movement said it launched a large missile and drone attack deep in Saudi Arabia on Tuesday that struck the defence ministry and a military base in Riyadh, but the kingdom said it blocked the assault.
- 06/23/2020
|
Yemen's Houthis say they launched missile, drone attack on Riyadh
- He did not immediately respond to a Reuters' request for comment on the Houthi report that the attack had struck the defence ministry and air base. In a statement on Saudi state news agency SPA, Malki said the coalition on Tuesday intercepted three missiles fired towards Najran and Jizan, and several armed drones launched towards the kingdom late on Monday.
- 06/23/2020
|
Saudi Arabia says it intercepts Yemen rebel drones, missiles
- Saudi Arabia says it has intercepted ballistic missiles and bomb-laden drones launched by Yemen’s Houthi rebels in an attack that began the previous night
- 06/23/2020
|
Saudi Arabia says it intercepts Yemen rebel drones, missiles
- The kingdom has fought a yearslong war against the Iranian-backed Houthis, who seized Yemen's capital in September 2014. The rebels did not immediately acknowledge the attack, though their Al-Masirah satellite news channel said their forces would make an announcement later in the day about “a broad operation in Saudi Arabia.” The attack began late Monday, with a brief statement on the state-run Saudi Press Agency suggesting other drones may have slipped passed Saudi air defenses, without elaborating.
- 06/23/2020
|
Saudi Arabia says it intercepts Yemen rebel drones, missiles
- DUBAI, United Arab Emirates (AP) — Saudi Arabia said on Tuesday that it intercepted ballistic missiles and bomb-laden drones launched by Yemen's Houthi rebels in an attack that began the previous...
- 06/23/2020
|
Yemen's Houthis attack deep in Saudi Arabia, al Masirah TV says
- DUBAI (REUTERS) - Yemen's Iran-aligned Houthi movement carried out a "large-scale attack" deep in Saudi Arabia, the movement's Al Masirah television said on Tuesday (June 23), without elaborating.. Read more at straitstimes.com.
- 06/23/2020
|
Saudi Arabia says it intercepted a ballistic missile fired by Houthis
- Violence between the two sides has surged after the expiry last month of a six-week ceasefire
- 06/23/2020
|
Saudi Intercepts Ballistic Missile Headed to Riyadh From Yemen - BNN Bloomberg
- Saudi Arabia intercepted and destroyed a ballistic missile headed to the capital Riyadh from Yemen.
- 06/23/2020
|
Arab Coalition intercepts Houthi ballistic missiles targeting Saudi Arabia’s Riyadh
- DUBAI: The Arab Coalition intercepted a Houthi ballistic missile targeting Riyadh, state news agency SPA reported. The Houthis have launched eight drones and three ballistic missiles towards the city between late Monday and early Tuesday, coalition’s spokesman Col. Turki Al-Maliki said. The missile was targeting innocent civilians, Spokesman Col. Turki Al-Maliki said.
- 06/23/2020
|
Yemen's Houthis attack deep in Saudi Arabia, al Masirah TV says
- Yemen's Houthis attack deep in Saudi Arabia, al Masirah TV says
- 06/23/2020
|
Madinah governor praises youth initiatives during pandemic
- MADINAH: Madinah Gov. Prince Faisal bin Salman on Monday praised the voluntary initiatives taken by the region’s Youth Committee during the coronavirus disease (COVID-19) pandemic. He reviewed a report on those initiatives during an online meeting, which was attended by other officials. The governor stressed the importance of using the skills of the youth through a proper mechanism and helping them materialize their creative ideas for the betterment of society and the country.
- 06/22/2020
|
Saudi Allows Hajj With Limited Capacity for Residents Only: SPA - BNN Bloomberg
- Saudi Arabia said it will allow the Hajj to go forward this year for a limited number of Muslims already in the kingdom due to the coronavirus pandemic, the first time since the kingdom’s modern founding that it has taken such a move for the annual pilgrimage for Muslims from around the world.
- 06/22/2020
|
Saudi Arabia intercepts barrage of drones launched by Yemen's Houthi militia
- RIYADH: Saudi Arabia intercepted on Monday a barrage of explosive drones launched by the Iran-backed Houthi militia in Yemen. Arab coalition spokesperson, Col. Turki Al-Maliki, said that the Houthi militia “launched a number of unmanned (booby-trapped) drones at civilians and civilian objects in the Kingdom,” adding that several of them were intercepted by the coalition forces and the rest are being pursued. Of the three missiles launched from Sa’dah in Yemen, two were targeting Najran and the other was targeting Jazan.
- 06/22/2020
|
Saudi Arabia records 40 new COVID-19 deaths
- RIYADH: Saudi Arabia has recorded 40 new deaths from COVID-19 and 3,393 new cases, the health ministry said Monday. The Kingdom recorded 4,045 more patients that had recovered from the coronavirus, bringing the total number of recoveries to 105,175. The new COVID-19 related deaths raise the total to 1,307 in the Kingdom. Saudi Arabia has eased its coronavirus lockdown restrictions this week as it seeks to return cautiously to normal life amid the ongoing pandemic.
- 06/22/2020
|
PM to finalise plans to loosen 2m rule and reopen hospitality - LIVE
- The Prime Minister will finalise plans to reopen pubs, restaurants, hairdressers and hotels in England next month as he meets with his top team today.
- 06/22/2020
|
FACTBOX-Latest on the worldwide spread of the coronavirus
- * The number of confirmed coronavirus cases in Germany increased by 537 to 190,359, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday. AMERICAS * Brazil, the world's No. 2 coronavirus hot spot after the United States, officially passed 50,000 coronavirus deaths on Sunday, a blow for a country already grappling with more than 1 million cases, rising political instability and a crippled economy. * Mexico on Sunday reported 5,343 new infections and 1,044 additional deaths from the coronavirus that causes COVID-19, the health ministry said.
- 06/22/2020
|
Saudi coalition intercepts drones laden with explosives launched by Houthis
- Saudi coalition intercepts drones laden with explosives launched by Houthis
- 06/22/2020
|
Factbox: Latest on the worldwide spread of the coronavirus
- The coronavirus pandemic is accelerating, with Thursday's 150,000 new cases the highest in a single day and nearly half of those in the Americas, the World Health Organization (WHO) said.
- 06/21/2020
|
FACTBOX-Latest on the worldwide spread of the coronavirus
- * Nearly 50,000 people have died from the coronavirus in Brazil, the world No. 2 hotspot, with 1,022 fatalities in the last 24 hours, the Health Ministry said. ASIA-PACIFIC * The Chinese capital is capable of screening almost 1 million people a day for the coronavirus, an official said, as testing continued across the city to try to contain the spread of a fresh outbreak. * Australia's second most populous state Victoria extended its state of emergency for four more weeks to July 19, as it battles a spike in infections.
- 06/21/2020
|
MIDEAST STOCKS-Saudi stocks edge up after curfew ends while Qatar, Dubai retreat
- Saudi Arabia's stock market edged up in choppy trade on Sunday as the kingdom ended a nationwide coronavirus curfew, while indexes in the United Arab Emirates retreated after Moody's revised its outlook for some of its banks.
- 06/21/2020
|
Latest On Worldwide Spread Of Coronavirus Pandemic
- The European Central Bank's chief said the European Union's economy is in a "dramatic fall" due to the coronavirus crisis but EU leaders made little progress towards agreeing a massive stimulus plan.
- 06/21/2020
|
Factbox: Latest on the worldwide spread of the coronavirus
- The coronavirus pandemic is accelerating, with Thursday's 150,000 new cases the highest in a single day and nearly half of those in the Americas, the World Health Organization (WHO) said.
- 06/21/2020
|
FACTBOX-Latest on the worldwide spread of the coronavirus
- * Eikon users, see MacroVitals (cpurl://apps.cp./cms/?navid=1592404098) for a case tracker and a summary of developments. EUROPE * Spain said it would allow in British tourists from Sunday without requiring them to spend two weeks in quarantine, opening up to one of its largest tourism markets after the hit from the coronavirus pandemic. * The coronavirus reproduction rate in Germany has jumped to 1.79 after a raft of localised outbreaks, the Robert Koch Institute (RKI) for public health said on Saturday, far above the level needed to contain it over the longer term.
- 06/21/2020
|
Push to keep killer Arthurell behind bars
- The family of one of the victims of notorious killer Reginald Arthurell want him to be locked up beyond the expiration of his prison sentence next year.
- 06/21/2020
|
Push to keep killer Arthurell behind bars
- The family of one of the victims of Reginald Arthurell have intensified their push for the notorious three-time killer to be kept behind bars beyond the expiration of his sentence next year.
- 06/21/2020
|
Suite offerings to stay afloat
- . Read more at straitstimes.com.
- 06/20/2020
|
Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
- The curfew will be lifted as of 6 AM local time on Sunday. Restrictions will remain, however, for religious pilgrimages, international travel and social gatherings of more than 50 people. The kingdom introduced stringent measures to curb the spread of the novel coronavirus in March, including 24-hour curfews on most towns and cities.
- 06/20/2020
|
Saudi lifts COVID-19 curfew as Umrah, international flights still halted
- Saudi Arabia on Saturday said it would lift a nationwide curfew imposed to contain the spread of the coronavirus.
- 06/20/2020
|
COVID-19: Saudi Arabia To Lift Nationwide Curfew ⋆
- Saudi Arabia on Saturday said it would lift a nationwide curfew imposed to contain the spread of the coronavirus.
- 06/20/2020
|
Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
- The curfew will be lifted as of 6 AM local time on Sunday.Restrictions will remain, however, for religious pilgrimages, international travel and social gatherings of more than 50 people
- 06/20/2020
|
FACTBOX: The latest on the worldwide spread of the coronavirus
- The coronavirus pandemic is accelerating, with Thursday's 150 000 new cases the highest in a single day and nearly half of those in the Americas, the World Health Organization said.
- 06/20/2020
|
FACTBOX-Latest on the worldwide spread of the coronavirus
- * Eikon users, see MacroVitals (cpurl://apps.cp./cms/?navid=1592404098) for a case tracker and a summary of developments. EUROPE * British finance minister Rishi Sunak signalled that the government is poised to relax its two-metre social distancing rule for England which businesses have said in its current form would slow their recovery from the coronavirus lockdown. * Pope Francis held his first audience for a group of people since Italy lifted its lockdown, granting it to health workers from the Italian region most affected by the pandemic.
- 06/20/2020
|
Coronavirus: Saudi Arabia to end nationwide curfew, economic activities to resume from Sunday
- The curfew will be lifted as of 6 AM local time on Sunday. Restrictions will remain, however, for religious pilgrimages, international travel and social gatherings of more than 50 people
- 06/20/2020
|
Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
- Restrictions will remain, however, for religious pilgrimages, international travel and social gatherings of more than 50 people.
- 06/20/2020
|
Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
- Saudi Arabia will end a nationwide curfew and lift restrictions on businesses from Sunday morning after three months of lockdown to curb the spread of coronavirus, state news agency SPA quoted a source in the interior ministry as saying on Saturday.
- 06/20/2020
|
Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
- Saudi Arabia will end a nationwide curfew and lift restrictions on businesses from Sunday morning after three months of lockdown to curb the spread of coronavirus, state news agency SPA quoted a source in the interior ministry as saying on Saturday.
- 06/20/2020
|
Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
- The kingdom introduced stringent measures to curb the spread of the novel coronavirus in March, including 24-hour curfews on most towns and cities. In May, it announced a three-phase plan to ease restrictions on movement and travel, culminating in the curfew completely ending on June 21.
- 06/20/2020
|
UPDATE 1-Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
- (Adds details, changes dateline)
- 06/20/2020
|
Saudi Arabia to Lift Covid-19 Curfew, Resume Economic Activities from Sunday
- The curfew will be lifted as of 6 AM tomorrow (Sunday), while Umra, international flights, entry to kingdom across land borders and social gatherings to more than 50 people remain suspended, the statement said.
- 06/20/2020
|
Saudi Arabia to lift national curfew, resume economic activities as of Sunday
- Saudi Arabia will lift a nationwide curfew and resume all economic and commercial activities as of Sunday morning, state news agency SPA quoted a source in the interior ministry as saying on Saturday.
- 06/20/2020
|
$10 takeaways, half-priced stays for healthcare workers as hotels fight to survive
- SINGAPORE - Guest relations executive Syahidah Hamzah is used to seeing the odd cat or dog spending the weekend at the InterContinental Hotel in Bugis, which launched pet-friendly staycation packages last year.. Read more at straitstimes.com.
- 06/20/2020
|
Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
- Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
- 06/20/2020
|
Court quashes permission for planned Drogheda housing development
- Project would have seen the construction of 450 housing units
- 06/19/2020
|
Natuzzi S.P.A. : Announces Release Date For 2020 First Quarter Financial Results | MarketScreener
|
Natuzzi S.P.A. Announces Release Date For 2020 First Quarter Financial Results
- NATUZZI S.P.A. ANNOUNCES RELEASE DATE FOR 2020 FIRST QUARTER FINANCIAL RESULTS
- 06/19/2020
|
Natuzzi S.P.A. Announces Release Date For 2020 First Quarter Financial Results
- NATUZZI S.P.A. ANNOUNCES RELEASE DATE FOR 2020 FIRST QUARTER FINANCIAL RESULTS
- 06/19/2020
|
WTO rules that Saudi Arabia’s actions against Qatar justified: SPA
- The World Trade Organization (WTO) has ruled that Saudi Arabia’s actions against Qatar are justified
- 06/16/2020
|
Natuzzi S p A : Annual General Shareholders' Meeting of Natuzzi S.p.A. | MarketScreener
|
Annual General Shareholders’ Meeting of Natuzzi S.p.A.
- Natuzzi S.p.A. (NYSE: NTZ1) ("Natuzzi" or the "Company") announced today that it held its annual general shareholders’ meeting on June 12, 2020 (the "Annual General Meeting"), in accordance with Decree n. 18 of March 17, 2020 extending, due to circumstances related to the novel coronavirus ("COVID-19") outbreak, the deadline for the Company to hold a shareholders’ meeting to approve its financial statements from 120 days to 180 days after the end of the applicable financial year.
- 06/15/2020
|
Annual General Shareholders’ Meeting of Natuzzi S.p.A.
- Natuzzi S.p.A. (NYSE: NTZ1) (“Natuzzi” or the “Company”) announced today that it held its annual general shareholders’ meeting on June 12, 2020 (the “
- 06/15/2020
|
Transfer of SVS Securities' client assets and money to ITI Capital gets completed - FinanceFeeds
- Clients are expected to have access to their client money and client assets from July 23, 2020.
- 06/12/2020
|
SVS Securities Client Assets and Money Transferred to ITI Capital
- The Administrator’s of SVS Securities said the transfer of the vast majority of client assets and client money has been transferred to ITI Capital.
- 06/12/2020
|
Reabold Resources shareholders can look forward to an exciting 2020 and beyond - DirectorsTalk
- Reabold Resources Plc (LON:RBD), the AIM investing company which focuses on investments in upstream oil and gas projects, has announced its audited results for the year ended 31 December 2019. 2019 Highlights: · £26.6 million raised before costs, primarily from institutional investors to support the Company’s strategy · Discovery at West Newton appraisal well operated by Rathlin ...
- 06/11/2020
|
Starting Your Content Strategy? Ask These 6 Questions First
- A cute TikTok video does not a brand make.
- 06/08/2020
|
Raja Perlis divests stake in F&N’s Ladang Chuping dairy venture
- In view of MSM Perlis rescinding the SPA, F&N says Tuanku Syed Sirajuddn has decided to divest his equity interest in the company
By FARA AISYAH / pic credit: fn.com.my FRASER & Neave Holdings Bhd (F&N) plans to develop a dairy farm suffered a fresh blow as Raja Perlis Tuanku Syed Sirajuddin Tuanku Syed […]
- 06/04/2020
|
NOL provisions in CARES Act could spur M&A activity
- The CARES Act included several provisions allowing companies to claim net operating losses for past tax years, temporarily reversing some of the limitations in the Tax Cuts and Jobs Act.
- 06/02/2020
|
La exclusiva mansión de Khloé Kardashian a la venta por 19 millones
- Situada en un exclusivo barrio de Calabasas, perteneció a Justin Bieber y cuenta con vecinos como Jennifer Lopez o Eddie Murphy
- 06/01/2020
|
Saudi-led coalition says shot down two drones launched by Yemen's Houthis - agency
- Read more about Saudi-led coalition says shot down two drones launched by Yemen's Houthis - agency on Devdiscourse
- 06/01/2020
|
Saudi-led coalition says shot down two drones launched by Yemen's Houthis: agency
- Saudi-led coalition says shot down two drones launched by Yemen's Houthis: agency
- 06/01/2020
|
COVID-19 reminds us what everyday words such as 'viral' really mean | The Japan Times
- Will the global pandemic prompt us into changing the way we speak?
- 05/30/2020
|
Family-owned spa reveals how it plans to reopen to the public
- Here's how it could work
- 05/29/2020
|
Saudi G20 presidency joins UN meeting on development financing amid COVID-19 pandemic
- DUBAI: Saudi G20 presidency, represented by the Kingdom’s minister of finance, joined the UN meeting titled “Financing for Development in the Era of COVID-19 and Beyond,” state news agency SPA reported. Heads of states and international organizations, representatives from NGOs and the private sector discussed six topics mainly, global liquidity and financial stability, debt vulnerability, private sector creditors engagement, external finance and remittances for inclusive growth, illicit financial flows and recovering better for sustainability and growth.
- 05/29/2020
|
Introducing Natuzzi (NYSE:NTZ), The Stock That Tanked 94%
- Natuzzi S.p.A. (NYSE:NTZ) shareholders should be happy to see the share price up 22% in the last month. But the last...
- 05/27/2020
|
How this Notts spa expects to operate when it reopens
- 'We may ask the guest to shower before treatments or come up with a specific cleansing ritual that can become part of the treatment'
- 05/26/2020
|
Reabold Resources acquires a further 16.665% in West Newton - DirectorsTalk
- Reabold Resources PLC (LON:RBD), the AIM investing company which focuses on investments in upstream oil and gas projects, has today announced the conditional acquisition of an additional 16.665 per cent. interest in the onshore UK licence PEDL 183, which contains the West Newton field, from Humber Oil & Gas Ltd. Highlights: · Opportunistic acquisition of Humber’s ...
- 05/26/2020
|
Natuzzi S.p.A.: Unaudited Consolidated Results for the Fourth Quarter and Full Year 2019 | MarketScreener
|
Natuzzi S.p.A.: Unaudited Consolidated Results for the Fourth Quarter and Full Year 2019
- NATUZZI REPORTS UNAUDITED CONSOLIDATED RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2019
- 05/23/2020
|
Natuzzi S.p.A.: Unaudited Consolidated Results for the Fourth Quarter and Full Year 2019
- NATUZZI REPORTS UNAUDITED CONSOLIDATED RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2019
- 05/23/2020
|
F1 plot July 5 season start but plans hinge on decision UK government will make this week
- Formula One have drawn up plans for the European leg of the 2020 season, which could be officially confirmed next week.
- 05/21/2020
|
Natuzzi S.P.A. Announces Release Date For The Fourth Quarter and Full Year 2019 Financial Results
- NATUZZI S.P.A. ANNOUNCES RELEASE DATE FOR THE FOURTH QUARTER 2019 FINANCIAL RESULTS
- 05/19/2020
|
CARDIFF ONCOLOGY, INC. : Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Other Events, Financial Statements and Exhibits (form 8-K) | MarketScreener
|
Natuzzi S.P.A. Announces Release Date For The Fourth Quarter and Full Year 2019 Financial Results
- NATUZZI S.P.A. ANNOUNCES RELEASE DATE FOR THE FOURTH QUARTER 2019 FINANCIAL RESULTS
- 05/19/2020
|
Disasters like COVID-19 bring us together — if we let them | The Japan Times
- Communities might have rallied behind each other in the face of the calamitous earthquakes in 1995 and 2011, but the new coronavirus pandemic has spurred a response that is more about self-preservation than helping others in need.
- 05/16/2020
|
The man who reshaped Australia
- The green ban movement is long past, but Jack Mundey's legacy lives on.
- 05/15/2020
|
Sime Darby Plantation : Malaysians At Sime Darby Leave Liberia | MarketScreener
|
Factbox: Latest on the worldwide spread of the new coronavirus
- Factbox: Latest on the worldwide spread of the new coronavirus
- 05/08/2020
|
The Hill's Coronavirus Report: Chef José Andrés says most political leaders today are not acting with urgency; Dems crafting 'Rooseveltian' relief package
- 3.2M more Americans join jobless rolls, 33M unemployed since lockdown | Schumer, Pelosi set to release ‘Rooseveltian’ relief package | Early New York cases seeded countrywide outbreak, researchers say | UN warns of global coronavirus ‘boomerang’ | Sen. Alexander says nation needs ‘millions’ more tests to safely reopen | Chef José Andrés says most political leaders today are not acting with urgency and we must bolster our food chain or face national security crisis
- 05/07/2020
|
Saudi Arabia forms police unit to enforce coronavirus curbs
- Saudi Arabia has formed a police unit to monitor violations of its coronavirus lockdown rules and has banned gatherings of more than five people, the state news agency SPA said on Thursday.
- 05/07/2020
|
Latest on the worldwide spread of the new coronavirus
- More than 3.79 million people have been reported to be infected by the novel coronavirus globally and 263,682 have died, according to a Reuters tally as of 1427 GMT on Thursday.
- 05/07/2020
|
COVID-19 Impact and Recovery Analysis | Maritime Patrol Naval Vessels Market 2020-2024 | Increasing Transnational Maritime Crimes to Boost Growth | Technavio
- The global maritime patrol naval vessels market has the potential to grow by USD 14.37 billion during 2020-2024.
- 05/07/2020
|
COVID-19 Impact and Recovery Analysis | Straddle Carrier Market 2020-2024 | Growing Preference of Marine Transport to Boost Growth | Technavio
- The straddle carrier market size has the potential to grow by 2273.00 units during 2020-2024
- 05/06/2020
|
Saudi Arabia says unlicensed ‘Kingdom Island’ project is not part of Vision 2030
- The “Kingdom Island” project in Saudi Arabia is unlicensed and should not be using the logo of the
- 05/04/2020
|
Coronavirus live news: Dr Fauci blocked from testifying on US response
- The White House says it would be ‘counterproductive’ to allow expert to testify before Congress, as Trump hopes for fewer than 100,000 dead and testing row continues in UK
- 05/02/2020
|
Gang rapist Mohammed Skaf refused parole for third time
- Notorious gang rapist Mohammed Skaf will remain in jail for now after his parole review application was knocked back for the third time.
- 04/30/2020
|
Natuzzi S.p.A. Received Continued Listing Standard Notice From the NYSE
- Natuzzi S.p.A. Received Continued Listing Standard Notice From the NYSE
- 04/25/2020
|
K brothers gang rapists: One of four notorious brothers could walk from jail
- One of four notorious gang rapist brothers will be freed from jail 18 years after he and his three brothers’ reign of terror over young women in a Sydney suburb.
- 04/16/2020
|
Global oil output cuts held hostage to standoff
- Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in output of 10 million barrels per day, before asking other nations for a further 5 million bpd of cuts.
- 04/10/2020
|
Defining masculinity in a brave new world of despair | The Japan Times
- Dad works in a bank. “For a man, work is everything” — that’s his motto. It was his father’s before him. Unquestioned and undoubted, it entered his bloodst
- 04/04/2020
|
Natuzzi Intends to Rely on SEC Relief and Delay Approval of Consolidated Annual Financial Statements and Publication Of 2019 20-F
- Natuzzi Intends to Rely on SEC Relief
- 03/30/2020
|
Cases globally surpass 660,000, Spain sees highest daily jump in deaths
- The U.S. remained the country with the highest number of cases at 124,686, data compiled by the Johns Hopkins University showed.
- 03/29/2020
|
Aramco develops emergency plans to ensure ongoing business
- DUBAI: Saudi oil giant Aramco President and CEO, Amin H. Nasser said prevention plans had been introduced to ensure the continuation of business as the coronavirus situation continues. Nasser said Aramco was “closely monitoring the situation every day,” adding that the well-being of his staff was of prime concern, state news agency SPA reported.
- 03/22/2020
|
Saudi Arabia suspends prayers at mosques to stop spread of coronavirus
- Saudi Arabia will be suspending all Friday and other main prayers at mosques across the Kingdom as
- 03/16/2020
|
Natuzzi S.p.A.: Update on the Company’s Operations and New York Stock Exchange Listing
- Natuzzi: Update on the Company’s Operations and New York Stock Exchange Listing
- 03/13/2020
|
TV star Robert Hughes refused parole
- Disgraced TV star and convicted child molester Robert Hughes’ attempt to trick parole authorities into letting him out of prison unsupervised has backfired.
- 03/12/2020
|
Cinco tendencias de decoración en las que inspirarnos, según Casa Decor 2020
- El evento de interiorismo más importante de España abre sus puertas hasta el 19 de abril para mostrar todas las novedades en decoración
- 03/11/2020
|
Athenaeum Spa Opens in Corinthia Palace - Rus Tourism News
- Susanne Fisch, Spa Director at Corinthia Palace says: "This is a first for Malta and we believe it will help to set the tone across the rest of the facilities.”
- 03/11/2020
|
Saudi Arabia extends travel ban to Oman, France, Germany, Turkey and Spain - ARY NEWS
- Coronavirus: Saudi Arabia has temporarily suspended land and sea travel to and from Oman, France, Germany, Turkey and Spain for citizens and residents
- 03/09/2020
|
Coronavirus: Saudi Arabia shuts land borders except for commercial trucks
- Saudi Arabia announced on Saturday that land crossing with the United Arab Emirates (UAE), Kuwait
- 03/06/2020
|
Saudi temporarily suspends Umrah for citizens, residents over coronavirus outbreak
- The kingdom reported its first case of the coronavirus earlier this week
- 03/04/2020
|
Natuzzi S.p.A.: To Face Current Extraordinary Challenges, the Majority Shareholder Undertakes to Make Advance Payments to Satisfy the Subscription Price of a Future Rights Issue
- Majority Shareholder Undertakes to Make Advance Payments to Satisfy the Subscription Price of a Future Rights Issue
- 03/03/2020
|
Saudi Arabia reports first coronavirus case, a Saudi national coming from Iran
- Saudi Arabia’s ministry of health detected on Monday the first coronavirus case, a Saudi
- 03/01/2020
|
F1: stagione comincia il 3/5 luglio in Austria - Speciali
- Annullato il gp di Francia
© Ansa
- 02/29/2020
|
Dr Safa Al-Naher on staying zen in the dentist's chair
- Dr Safa Al-Naher firmly believes that everyone can enjoy a trip to the dentist. At her family-owned and run Care Dental practice in Hammersmith, she and the rest of the team take nervous patients seriously. Taking a holistic approach, they have created, and trademarked, the does-exactly-what-it-says-on-the-tin Enjoyable Dentistry Technique. Involving 'gas and air' along with mindfulness, it's the most fun you could ever possibly hope to have at the dentist.
- 02/28/2020
|
The Schloss Portfolio: A New Start
- Episode 1 of my new value investing portfolio. My portfolio is based on the work and readings of Walter Schloss. I will share my portfolio and my new strategy.
- 02/25/2020
|
Natuzzi Provides Update on Impact of Coronavirus on Its Operations
- Natuzzi Provides Update on Impact of Coronavirus on Its Operations
- 02/24/2020
|
Does Natuzzi S.p.A.'s (NYSE:NTZ) CEO Pay Compare Well With Peers?
- In 1959 Pasquale Natuzzi was appointed CEO of Natuzzi S.p.A. (NYSE:NTZ). This report will, first, examine the CEO...
- 02/07/2020
|
23 Helpful Gifts for Stressed Out People - Grace & Lightness Magazine
- A collection of beautiful, functional gifts for stressed out people. All stress relief gifts in this guide are supported by extensive research.
- 02/03/2020
|
