OLIVETTI PREDICTS RISING IN PROFITS IN 1998.
The Italian telecommunications and information technology group Olivetti announced on December 15 that it expected to close the year with a net consolidated profit of 240 billion Lire (USD145 million). Turnover is expected to show a 60% improvement on 1997, rising to L6,800 billion (USD4.12). Two thirds of turnover will be drawn from telecommunications. The...
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