Italy's Natuzzi's Q3 revenue dips

Natuzzi SpA

16/12/2025 21:45

Overview

Italy luxury furniture maker's Q3 revenue fell 0.8% yr/yr due to weak consumer demand

Company's gross margin improved to 36.0% of revenue, from 31.8% in Q3 2024

Operating loss narrowed to €1.7 mln from €3.8 mln in Q3 2024

Outlook

Natuzzi is advancing discussions for a restructuring plan to restore efficiency

Company is investing in product innovation and marketing to enhance brand positioning

Result Drivers

GROSS MARGIN IMPROVEMENT - Co improved gross margin to 36.0% from 31.8% in 3Q 2024 due to better sales mix and cost savings from rightsizing Chinese operations

WEAK CONSUMER DEMAND - Co said store traffic and written orders remain below expectations due to weak consumer confidence and U.S. trade duties

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
€ 74.40 mln
Q3 Net Income
-€ 5.10 mln
Q3 Gross Profit
€ 26.80 mln
Q3 Operating Income
-€ 1.70 mln
Q3 Pretax Profit
-€ 4.30 mln


Press Release: ID:nBw9SbSS0a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)