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Earnings Call Summary | Natuzzi SPA(NTZ.US) Q1 2024 Earnings Conference

Earnings Call Summary | Natuzzi SPA(NTZ.US) Q1 2024 Earnings Conference

業績會總結 | 納圖茲傢俱(NTZ.US) 2024年第一季度業績會
富途資訊 ·  06/25 22:18  · 電話會議

The following is a summary of the Natuzzi S.p.A. (NTZ) Q1 2024 Earnings Call Transcript:

以下是納圖茲傢俱(NTZ)2024年第一季度業績會簡報:

Financial Performance:

金融業績:

  • Natuzzi S.p.A. reported sales of EUR 84.5 million, essentially in line with the previous year.

  • Gross margin improved to almost 37%, up by about 1.5 percentage points from 2023.

  • Operating profit was EUR 0.6 million, compared to a loss of EUR 0.9 million in 2023.

  • 納圖茲傢俱報告的銷售額爲84.5億歐元,與去年基本持平。

  • 毛利率提高至近37%,比2023年上升約1.5個百分點。

  • 營業利潤爲0.6億歐元,而2023年虧損0.9億歐元。

Business Progress:

業務進展:

  • Focused on a retail-centric strategy, significantly growing directly operated store sales, particularly in North America.

  • Ongoing restructuring resulted in reducing the workforce by approximately 18% since 2021, enhancing operational efficiency.

  • Emphasized on expanding margin and decreasing the breakeven point, with a notable improvement of seven percentage points in gross margin since 2019.

  • 專注於以零售爲中心的策略,特別是在北美直營店的大幅增長。

  • 持續進行重組,自2021年以來減少了約18%的員工,提高了運營效率。

  • 着重於擴大利潤率和降低盈虧平衡點,自2019年以來的毛利率顯著提高7個百分點。

Opportunities:

機會:

  • Continuation of expanding directly operated stores in North America and new partnerships for gallery agreements in North America and Europe highlight opportunities for market expansion and strategic partnerships.

  • Leveraging brand strength and initiating new business avenues such as contract agreements in several sectors including hotels and branded buildings.

  • 繼續擴大在北美的直營店,並在北美和歐洲建立新的畫廊協議合作,突顯市場擴張和策略性合作的機會。

  • 利用品牌優勢,並開始在酒店和品牌建築等多個領域開創新的業務渠道。

Risks:

風險:

  • Dependence on global real estate markets, notably impacted by high interest rates affecting consumer spending and investment in home furnishings.

  • 依賴全球房地產市場,尤其是受高利率影響的消費者支出和家居投資。

More details: Natuzzi SPA IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


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