Natuzzi Announces Multi-City Investor and Analyst Information Meetings to Present 2009-2011 Business Plan
November 06 2008 - 1:38PM
Business Wire
Natuzzi SpA (NYSE: NTZ) today announced that its senior management
will be visiting investors and analysts in the U.S. and in Europe
in early December. As part of this tour, the Natuzzi management
team, headed by Pasquale Natuzzi, Chairman, and Aldo Uva, CEO, will
be holding a series of one-on-one information meetings to present
and discuss the details of Natuzzi�s 2009-2011 Business Plan,
announced October 22, 2008. The Plan, called 11*1*15, aims at
achieving consolidated net sales of about EUR 1 billion and an EBIT
margin of approximately 15% in 2011. Management is committed to
holding regular meetings to update the financial community
throughout the execution of the Plan. Senior Management currently
plans to be in the U.S. Monday, December 8 and Tuesday, December 9;
in the UK Wednesday, December 10 and Thursday, December 11; and in
Milan on Friday, December 12. To arrange a meeting with Senior
Management on the above dates, interested investors and analysts
may contact: Natalie Biasin: +44 20 7554 1400 Angela Tucciarone: +1
212 515 1900 or send an e-mail to: natuzzi@gavinanderson.co.uk
ABOUT NATUZZI S.P.A. Founded in 1959 by Pasquale Natuzzi, Natuzzi
S.p.A. designs and manufactures a broad collection of residential
upholstered furniture. With 2007 revenues of EUR 634.4 million on a
consolidated basis, Natuzzi is the Italy's largest furniture
manufacturer. The Natuzzi group exports its innovative high-quality
sofas and armchairs to 123 markets on five continents under the two
brands, Natuzzi and Italsofa. Cutting-edge design, superior Italian
craftsmanship, and advanced, vertically integrated manufacturing
operations underpin the Company's market leadership. Natuzzi S.p.A.
has been listed on the New York Stock Exchange since May 1993. The
Company is ISO 9001 and 14001 certified.
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