Latest news with #NatuzziS.p.A
Business Wire
a day ago
- Business
- Business Wire
Natuzzi Announces Appointment of Non-Executive Director
SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) ('Natuzzi' or the 'Company') announced today that Mr. Pietro Labriola has formally accepted the appointment as a non-executive director of the Company by way of co-optation, effective August 6, 2025, further to the resolution adopted by the Board of Directors on July 29, 2025. Mr. Labriola will remain in office until the next Shareholders' Meeting, at which time it will be submitted for confirmation by the shareholders. Mr. Labriola currently serves as Chief Executive Officer and General Manager of Telecom Italia S.p.A. (TIM), one of the leading telecommunications companies in Europe. He has over 30 years of experience in the telecom and technology sectors, having held senior executive positions in both Italy and abroad, including as CEO of TIM Brazil. He holds a degree in Business and Economics from the University of Bari and a Master in Management of Innovation and Technologies from Tecnopolis, the Scientific and Technological Park of Bari. He is a member of the board of GSMA, the organization that brings together mobile network operators worldwide, and a member of the General Council of Confindustria, the main representative association of manufacturing enterprises and services in Italy, where, since May 2024, he has the mandate for the Digital Transition. He is also President of Asstel, the Italian trade association within Confindustria that represents the telecommunication sector. In the TIM Group since 2001, he has held increasingly senior roles in the field of Marketing for the corporate and consumer segments in both fixed and mobile telephony services. Before joining TIM, he worked at Infostrada, then Boston Consulting Group, Cable&Wireless, and France Telecom. The Board of Directors believes that Mr. Labriola's extensive international executive experience and deep knowledge of innovative technologies and services, combined with its strategic vision and operational expertise, will contribute to driving the Company's digital transformation and sustainable growth. ***** 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 inherent risks and uncertainties, as well as other factors that may be beyond our control. The Company cautions readers that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors include, but are not limited to: effects on the Group from competition with other furniture producers, material changes in consumer demand or preferences, significant economic developments in the Group's primary markets, the Group's execution of its reorganization plans for its manufacturing facilities, significant changes in labor, material and other costs affecting the construction of new plants, significant changes in the costs of principal raw materials and in energy costs, significant exchange rate movements or changes in the Group's legal and regulatory environment, including developments related to the Italian Government's investment incentive or similar programs, the duration, severity and geographic spread of any public health outbreaks (including the spread of any future epidemic), consumer demand, our supply chain and the Company's financial condition, business operations and liquidity, the geopolitical tensions and market uncertainties resulting from the ongoing armed conflict between Russia and Ukraine, the Israel-Hamas war and other conflicts in the Middle East, the inflationary environment and potential increases in interest rates and energy prices, as well as protectionist trade policies, tariffs and related retaliatory measures. The Company cautions readers that the foregoing list of important factors is not exhaustive. When relying on forward-looking statements to make decisions with respect to the Company, investors and others should carefully consider the foregoing factors and other uncertainties and events. 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. As of March 31, 2025, Natuzzi distributes its collections worldwide through a global retail network of 610 monobrand stores in addition to galleries. Natuzzi products embed the finest spirit of Italian design and the unique craftsmanship 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. 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).
Business Wire
30-06-2025
- Business
- Business Wire
Natuzzi S.p.A. Announces Dates for 2025 First Quarter 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 2025 first quarter financial information on Wednesday July 2, 2025, after the closing of trading on the New York Stock Exchange. The Company will host a conference call on Thursday, July 3, 2025, 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-in the following number: Toll/International: +1-412-717-9633, then passcode 39252103#, or ii) click on the following link: to join via video. Participants also have the option to listen via phone after registering to the link. A replay of the call will be available approximately 3 hours after the conference ends, until Sunday, August 3, 2025, at 11:59 p.m. Eastern time. To access the replay of the conference call, interested persons need to dial +1-844-512-2921 for calls from U.S. and Canada, or +1-412-317-6671 for calls from other countries. The access code for the replay is: 13754702. 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. As of March 31, 2025, Natuzzi distributes its collections worldwide through a global retail network of 611 monobrand stores in addition to galleries. 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. 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).
Yahoo
22-04-2025
- Business
- Yahoo
Natuzzi S.p.A. Announces Dates for the Fourth Quarter and Full Year 2024 Financial Information and Conference Call
SANTERAMO IN COLLE, Bari, Italy, April 22, 2025--(BUSINESS WIRE)--Natuzzi S.p.A. (NYSE: NTZ) ("Natuzzi" or the "Company") will disclose its unaudited fourth quarter and full year 2024 financial information on Wednesday April 23, 2025, after the closing of trading on the New York Stock Exchange. The Company will host a conference call on Thursday, April 24, 2025, at 12:00 p.m. (noon) U.S. Eastern time (6.00 p.m. Italy time, or 5.00 p.m. UK time) to discuss financial information. To join live the conference call, interested persons will need to either: dial-in the following number:Toll/International: +1-412-717-9633, then passcode 39252103#,or click on the following link: to join via video. Participants also have the option to listen via phone after registering to the link. A replay of the call will be available approximately 3 hours after the conference end time, until Saturday, May 24, 2025 at 11:59 pm Eastern time. To access the replay of the conference call, interested persons need to dial +1-844-512-2921 for calls from U.S. and Canada, or +1-412-317-6671 for calls from other countries. The access code for the replay is: 13753508. 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. As of December 31, 2024, Natuzzi distributes its collections worldwide through a global retail network of 630 monobrand stores and 650 galleries. 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. 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). View source version on Contacts Natuzzi Investor Relations Piero Direnzo | tel. +39 080-8820-812 | pdirenzo@ Natuzzi Corporate Communication Giancarlo Renna (Communication Manager) | tel. +39. 342.3412261 | grenna@ Barbara Colapinto | tel. +39 331 6654275 | bcolapinto@
Yahoo
05-03-2025
- Business
- Yahoo
Investors in Natuzzi (NYSE:NTZ) have seen incredible returns of 540% over the past five years
For many, the main point of investing in the stock market is to achieve spectacular returns. And highest quality companies can see their share prices grow by huge amounts. Just think about the savvy investors who held Natuzzi S.p.A. (NYSE:NTZ) shares for the last five years, while they gained 540%. If that doesn't get you thinking about long term investing, we don't know what will. It really delights us to see such great share price performance for investors. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. View our latest analysis for Natuzzi Natuzzi isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually desire strong revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. Over the last half decade Natuzzi's revenue has actually been trending down at about 0.4% per year. So it's pretty surprising to see that the share price is up 45% per year. There can be no doubt this kind of decoupling of revenue growth and share price growth is unusual to see in loss making companies. At the risk of upsetting holders, this does suggest that hope for a better future is playing a significant role in the share price action. The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. While the broader market gained around 15% in the last year, Natuzzi shareholders lost 20%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 45% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. It's always interesting to track share price performance over the longer term. But to understand Natuzzi better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Natuzzi (at least 1 which is concerning) , and understanding them should be part of your investment process. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
