Natuzzi revises 2005 earnings

April 2006
Furniture/Today;4/17/2006, Vol. 30 Issue 32, p101
Trade Publication
The article reports on the issuance of the revised financial statements by Natuzzi that reduces its loss in 2005 and in the fourth quarter of the year by 2.1 million euros. They made the adjustment after learning from authorities in Brazil that the company will be benefited from a corporate tax reduction in that country. The revised financial statements declared a net loss of 0.7 million euros in the fourth quarter of 2005 and 14.6 million euros in the year 2005.


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