Natuzzi S.p.A.: Unaudited Consolidated Results for the Fourth Quarter and Full Year 2019
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The Board of Directors of Natuzzi S.p.A. (NYSE: NTZ1) ("Natuzzia?? or the "Companya??) approved today its 2019 fourth quarter and full year unaudited consolidated financial results and the Companya??s draft stand-alone financial statements. The stand-alone financial statements of the Company for the year ended December 31, 2019 will be approved by the Company's shareholders on a meeting to be held, on first call, on June 12, 2020, or, on second call, on June 14, 2020.
Update on COVID-19 Impact on Groupa??s Operations
On March 11, 2020, the World Health Organization declared the recent outbreak of disease caused by the novel coronavirus (COVID-19) a pandemic. As a result, severe lockdown measures were introduced in most countries, leading to a significant reduction in the Groupa??s and its customersa?? activities worldwide.
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