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Stock impact report

Natuzzi Announces Financial Results for the Second Quarter of 2025 [Yahoo! Finance]

Natuzzi, S.p.A. (NTZ) 
US:NYSE Investor Relations: natuzzigroup.com/en-en/ir/investors.html
Company Research Source: Yahoo! Finance
Gross margin at 34.0% of revenue, compared to 38.1% in 2Q 2024, primarily due to the decrease in sales and the planned production shift of Natuzzi Editions for the North American market from China to Italy. 2Q 2025 operating loss of (€2.7) million, compared to an operating loss of (€0.4) million in 2Q 2024. Net finance costs were (€3.2) million, compared to net finance costs of (€2.0) million in 2Q 2024, primarily due to unfavorable currency movements. During 2Q 2025, we invested €4.3 million, primarily to upgrade the Group's Italian factories. As of June 30, 2025, we held €22.8 million in cash, from €20.3 million as of December 31, 2024. Cash availability includes €9.9 million of proceeds from the disposal of two non-strategic assets, namely the sale of a plot of land in Romania, in addition to the sale of the building in High Point which was completed in March. Approval by the BOD of the guidelines of a restructuring plan mainly focusing on the Italian industrial hub and Show less Read more
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