General Shareholders’ Meeting of Natuzzi S.p.A.
April 30 2010 - 7:15AM
Business Wire
The Natuzzi ( NYSE:NTZ) Annual General Shareholders’ meeting,
held today in Santeramo in Colle, has approved the Parent Company
Financial Statements as at December 31, 2009 and has taken note of
the Consolidated Financial Statements 2009.
As previously announced the Natuzzi Group reported for the
entire year 2009 Total Net Sales of € 515.4 million down by 22,6%
versus last year, and a Net Group loss of €17.7 million, a
significant improvement of 71,4% versus last year.
The General Meeting has, moreover, appointed the Board of
Statutory Auditors in the names of Carlo Gatto, Gianvito Giannelli
and Cataldo Sferra, respectively as Chairman and effective
statutory auditors for the next 3 years 2010-2012.
The General Meeting, lastly, has appointed Reconta Ernst &
Young S.p.A., as External Auditors for the next 3 years
2010-2012.
About Natuzzi
Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. designs and
manufactures a broad collection of residential upholstered
furniture. With consolidated revenues of EUR 515.4 million in 2009,
Natuzzi is Italy's largest furniture manufacturer. Natuzzi Group
exports its innovative high-quality sofas and armchairs to 130
markets on five continents under 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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