ITALY: Strong Results Close 2001 At Lotto Sport
Italian sporting goods and footwear company Lotto Sport Italia reported a 16.2 per cent year-on-year increase in revenue for 2001, to €215m ($186.4 mln) compared to €185m ($160.4 mln) in 2000. Sales were also strong, registering 17.9 per cent year-on-year growth, while profit after tax rose 30.5 per cent.