Improved Gross Margin
The company improved its gross margin this quarter, surpassing levels recorded in the first two quarters of the year, due to a more favorable sales mix. Sales of Natuzzi Italia, which deliver higher margins, grew by 18% compared to the third quarter of last year.
Strategic Discussions with Italian Government
Natuzzi is in discussions with the Italian government, which has recognized the company as an enterprise of strategic relevance, to seek measures aimed at improving quality and reducing transformation costs at its Italian factory.
International Trade Show Participation
The company continues to invest in international trade events and visual merchandising to enhance customer shopping experiences. Recent events include participation in India and a commercial roadshow in China.
Growth in Contract Trade Division
The Contract Trade Division is viewed as having significant potential, with a forecasted revenue of between EUR 5 million and EUR 10 million for 2026, and is expected to grow exponentially.