Natuzzi Announces Consolidated Results for the Third Quarter and First Nine Months Of 2020

The Board of Directors of Natuzzi S.p.A. (NYSE: NTZ) ("Natuzzia?? or the "Companya??) approved today its 2020 unaudited third quarter and first nine months consolidated financial results.

Update Of Covid-19 Impact On The Groupa??s Operations

Third quarter 2020 saw a gradual return of the Groupa??s operational conditions to normality. Points of sales and factories (with the exception of our Brazilian plant being closed during the first two weeks of July) were operating at almost pre-COVID levels.

The Company's management continued to adopt a series of measures, some of which are temporary in nature, to limit the negative effects of the pandemic on business, with the primary aim of preserving the Group's liquidity.