Natuzzi Q1 2024 Consolidated Revenue €84.5M Down From €86.1M YoY
Portfolio Pulse from Benzinga Newsdesk
Natuzzi reported Q1 2024 consolidated revenue of €84.5 million, a decrease from €86.1 million year-over-year.
June 21, 2024 | 8:32 pm
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NEGATIVE IMPACT
Natuzzi's Q1 2024 revenue decreased to €84.5 million from €86.1 million year-over-year, indicating a slight decline in performance.
The decrease in revenue suggests a decline in business performance, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100