Lottomatica says net income near break-even in 2010

ROME – Lottomatica SpA, the Italy-based parent company of Providence’s GTECH, said in a statement on Monday that net income was near break-even for 2010.

Earnings before interest, taxes, depreciation and amortization totaled 812 million euros for the year, the company said. The company plans to distribute a dividend on 2010 earnings in the form of shares.

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Lottomatica also forecast 2011 Ebitda of as much as 865 million euros.

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