Rule reminder
In Italian business language, several terms are often confused: 'il fatturato' is total revenue (turnover); 'l'utile' or 'il profitto' is net profit after costs; 'il guadagno' is a general word for earnings or gain; 'le entrate' are income flows (often used for public finances); 'i ricavi' are revenues recorded in accounting. Distinguishing these terms is essential for reading financial reports and Italian business press.
La società ha dichiarato un **profitto lordo** di 8 milioni prima delle imposte.