Natuzzi S.p.A(NTZ) - 2024 Q1 - Earnings Call Transcript

The gross margin and the level of sales led us to an operating profit of EUR0.6 million, which compared to a loss of EUR0.9 million in 2023 and a loss of EUR3 million versus pre-COVID level 2019. When we look at the operating profit, it's more difficult to compare to the year in between because there has been a lot of one-off support measures and restructuring measure that affected those figures. Another element which is worth fleshing out is that, we continue executing our restructuring. So in the first qu ...