World renowned furniture manufacturers, Natuzzi saw net sales in the fourth quarter of 2002 of $202.7 million, up 2.6% on the same period a year earlier with unit sales up 5.4%. For the full year net sales were up 2.4% at $761.5 million while seats sold increased by 5.3%.
Leather upholstered furniture sales in the fourth quarter amounted to $154 million which was essentially unchanged over the same period in 2001. Net income for the fourth quarter 2002 decreased 1.1%.
Source: [http://www.natuzzi.com]
