CSC secures $110m in UK contracts
Beer, fags and DIY - it's all here
CSC has announced a bunch of UK contracts that will bring in $110m. The IT services company has signed up Allders department stores, DIY chain Homebase, cigarette-maker Gallaher and brewery Whitbread.
Allders is extending its oursourcing contract with CSC by an extra two years until 2009. CSC provides wide area and local networks and supports about 1,700 desktop computers, 1,500 electronic tills and 100 servers. The previous five year contract was valued at $42m when it was first awarded in 2002.
Homebase had a contract with CSC for its financial planning software and has extended it for another year - financial terms were not disclosed. CSC and Gallaher have extended their services agreement for another two years until 2008. CSC provides desktop and infrastructure support and SAP services. Brewer Whitbread has picked CSC for a seven year ERP project. CSC will support Oracle's 11i ERP applications and replace some legacy apps with Oracle products. CSC has also signed a contract with a "significant company in the leisure industry" for an outsourced data center.
CSC announced its results yesterday. CSC brought in revenues of $4bn, up almost 30 per cent, for the fourth quarter ended 2 April 2004. The company made a profit of $190.6m in the period. This contributed to annual revenue of $14.8bn, up 30.2 per cent on 2003, or 25 per cent in constant currency.®