The Channel logo

News

By | Team Register 18th January 2006 11:48

LogicaCMG cites operating profitability

Hits market targets

LogicaCMG claimed a “significant improvement in operating profitability” in 2005 in a trading statement this morning.

The services group, which completed its acquisition of French services group Unilog earlier this month, said overall operating results were “in line with market estimates”, with organic revenue growth of 5 per cent on 2004. That year it turned over £1.7bn with pre-tax profits of £42.2m.

While 2005 went smoothly at LogicaCMG’s UK, Dutch, and Iberian operations, it said “Germany remained difficult”. Preliminary results are due 1 March.®

alert Send corrections

Opinion

Houses of Parliament in night-time

Andrew Orlowski

Come on everybody, let's upload all our stuff into Government by Cloud
Joe Tucci EMC
frustration_anger_irritation_annoyance pain

Felipe Costa

Pressure to perform for stock market bearing down on disties

Features

Alistair Darling and Alex Salmond debate Scottish independence
You keep the call centres, Hamish, we'll take the banks
Internet of Things
Everyone loves those Things, just not on each others' terms
No email? No CRM? No Daily Mail iPad edition? You need a plan
Sinofsky's hybrid strategy looks dafter than ever