Profit Declines At Lotto

2007-06-13T00:00:00

Costs associated with the takeover of Etonic led Lotto Sport Italia to post a net profit of only €0.8 million in 2006, down from €2.9 million in the previous year. Increased operating expenses did not prevent the company from raising its operating income before amortization and depreciation (EBITDA) slightly to ...

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