Natuzzi Q1 FY26 operating loss widens to €2 million; revenue drops 23.8% to €59.5 million
NTZ•Q1 FY26 results
- Natuzzi posted 1Q 2026 revenue of €59.5 million, down 23.8% year over year.
- Operating loss widened to €2 million from €0.8 million, while gross margin slipped 1.2 percentage points to 32.9%.
- Net loss was €4.7 million; net loss attributable to owners was €4.4 million.
- Cash fell to €13.8 million at March 31 from €20.3 million at Dec. 31, 2025.
Management actions
- Management cited weak demand; it is cutting Italy plants, moving Natuzzi Editions production to Romania, and pursuing asset sales and a negotiated crisis settlement.
