Lotto Breaks Even On Mixed Sales Results

2010-08-06T00:00:00

The final results for 2009 were better than the management had expected when it decided to cut down its personnel costs drastically in January of this year. Lotto Sport Italia’s gross margin fell to 39.1 percent from 43.5 percent in 2008, and the operating margin before amortization (Ebitda) dropped to ...

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