Ing C Olivetti & Co SpA repeated it will post worse results in the second half than it did in the first, when the company lost the equivalent of $68m at the current exchange rate: The second half is always worse than the first, Olivetti Chairman Carlo De Benedetti told shareholders of his Compagnia Finanziaria De Benedetti, who also said that Olivetti had a preliminary agreement with a large Chinese bank and would reveal it shortly.
