Natuzzi posts 12% Q2 sales increase

SANTERAMO IN COLLE, BARI, ITALY -- Natuzzi SpA, Italy's largest furniture manufacturer and a manufacturer of leather-upholstered furniture, announced upholstery net sales of approximately $178.7 million, up 12.0% as compared to the second quarter of 2009.

Total net sales were $198.2 million, up 8.7% as compared to the same period of 2009 Industrial margin was $74 million, versus $68.9 million recorded in the second quarter of 2009

The contribution to upholstery net sales by geographic area was as follows: Europe (excluding Italy) 40.1%, Americas 37.4%, Italy 10.0% and Rest of the World 12.5%. The major commercial performances came from North America (+38%), Asia-Oceania (+42%) and Great Britain (+49%).

Read Natuzzi's press release. 

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