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Ten Common Myths About 3 Seater Sofa And Recliner Chair. | 3 seater sofa and recliner chair

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SANTERAMO IN COLLE, Italy – Leather upholstery above Natuzzi appear second-quarter sales access of 7.3% with a net accident of 4.1 actor euros, or $4.78 million.

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For the aforementioned aeon aftermost year, the aggregation had a accident of 0.8 actor euros, or $950,000.

Consolidated net sales for the additional division of 2017 were 117.9 actor euros, or $141.4 million, compared to the aforementioned aeon aftermost year at 109.9 actor euros, or $131.3 million. Revenues generated by amount business (sofas, beds and furnishings) rose 5% to 109.1 actor euros, or $103.4 million, compared to the additional division of 2016.

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The aggregation acclaimed accoutrement net sales added by 15.3% over above-mentioned year aforementioned division at 7.4 actor euros, or $8.8 actor and represented 20.2% of the Natuzzi Italia branded sales.

Natuzzi branded revenues added 4.1% to 79.6 actor euros, or $95.1 million, due to an access of 5.2% of the boilerplate amount per seat. Branded sales in the Americas rose 6.5%.

Its absolute retail operations (DOS) generated sales of 15.1 actor euros, or $18 million, during the additional division of 2017, up 32.3% over the aforementioned aeon of aftermost year. These sales represented 13.8% of the amount business compared to 11% of a year ago.

Natuzzi opened one DOS in West Palm Beach, Fla., and acquired three Natuzzi Italia food in Mexico, during the additional quarter. Two anon operated Natuzzi Editions food additionally opened in China in the additional division of 2017. As of this annual report, the cardinal of DOS is 60. The aggregation affairs to accessible bristles new-generation stores, three in the aftermost division of 2017 and two in the aboriginal division of 2018.

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The aggregation appear a net operating accident of 2.9 actor euros, or $3.5 million, vs.1 actor euros, or $1.2 million, in the additional division of 2016.

Chairman and CEO Pasquale Natuzzi said the company’s access in revenues and automated allowance for the additional division are a absolute aftereffect of its efforts to abound absolute retail arrangement area it is able to accomplish sales of “higher end artefact and added complete home capacity packages.”

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