The Channel logo


By | John Oates 27th September 2005 10:10

Phoenix IT confident on year

Trading update

Phoenix IT Group told the Stock Exchange that trading for the first six months to 30 September 2005 was in line with expectations. The firm's directors remain confident that trading for the year will be in line with expectations.

Negotiations with BT and the Department of Work and Pensions over renewing a contract worth £12m a year are still ongoing and the firm said it would make a further announcement as soon as a conclusion is reached. The contract expires 31 December 2005.

Interim results will be announced 23 November and will be the first posted under International Financial Reporting Standards. ®

alert Send corrections


Huge Clouds Ocean

Chris Mellor

Tech Unplugged sees Reg presenter unplugged


Boats storm girl photo via Nikolina Mrakovic
The puppets from Team America: World Police gather at a bar for drinks.
Child measuring image via Shutterstock
VMware, Hyper-V… XenServer? The choice is yours