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Natuzzi S.p.A. (the “Company” and, together with its subsidiaries, the “Group”) announced today the successful completion of the transaction contemplated by the agreement that the Company and the Vita Group (or “Vita”) entered into on January 8,...
Natuzzi (NTZ) and The Vita Group has entered into an agreement whereby Vita Italy S.r.l., will acquire I.M.P.E., a wholly owned subsidiary of Natuzzi based in Naples, Italy. The sale of I.M.P.E. S.p.A. is for a value of €6.1M and the transaction is expected to be completed in Q1 2021. ...
Today, Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi”) and The Vita Group (or “Vita”) announced that they have entered into an agreement whereby Vita Italy S.r.l., a wholly owned subsidiary of The Vita Group, will acquire I.M.P.E. S.p.A., a wholly owned subsidiary of ...
Investors and analysts expect the economy to start recovering quickly based on positive news on the coronavirus vaccine front and an anticipated agreement on another coronavirus relief plan by lawmakers. While most companies in the retail space were hurt by the pandemic, some are now well pos...
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Natuzzi S.p.A. has no research coverage and trades at a significant discount to peers and intrinsic value. The business is inflecting. The company trades at ~20% of forward sales and below tangible book – which significantly understates the value of the Natuzzi brand. NTZ h...
Natuzzi SpA finally seems to be out of the woods, after the company’s quick reaction to the pandemic. A bonanza will materialize in the next quarters and will give the management time to execute its reorganization. However, this stock has been literally unstoppable in the l...
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First Quarter 2024 Highlights 1Q 2024 Overall Invoiced Sales Amounted to €84.5 Million, Substantially in Line With the Level of Activity of Last Year. In 1Q 2024, Sales From Directly Operated Stores Were €20.5 Million, up 13.6% From 1Q 2023 and 10.0% From 1Q 2022...
Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi” or the “Company”) will disclose its unaudited 2024 first quarter financial information on Friday June 21, 2024 , after the market closes. The Company will host a conference call on Monday June 24, 2024, at 10:00 a.m...
2024-06-16 17:54:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...