Italian gaming and lottery supplier GTECH S.p.A expects to achieve annual cost savings of €50m over the next two years through a number of initiatives that it has identified and started to implement, as the company reported a 23 per cent drop in net profit to €205.2m for the full 2013 year.
Revenue fell marginally by 0.4 per cent to €3.1bn during the year, with 10 per cent generated by the company’s interactive operations. Lottery continues [...]