Feeds

Logica ups revs and orders

Rest of the world saves UK

Build a business case: developing custom apps

Logica had a decent first quarter and grew revenues by 5 per cent to £978m, compared to £932m last year.

The reseller said orders were up 29 per cent to £1,4m. Logica's consulting and professional services division stayed steady after nine quarters of falling revenues.

Outsourcing was up 13 per cent and commercial sectors up 9 per cent overall.

Chief Executive Andy Green said: "The order performance in the UK was particularly encouraging, boosted by significant multi-year contracts with the Serious Organised Crime Agency and Shell."

The company is spending £30m on restructuring in the first half of this year, which it hopes will provide £15m in savings during the second half.

Sales in the UK were down 4 per cent to £179m thanks to public sector cutbacks – sales to government fell 9 per cent compared to 5 per cent growth last year.

France grew sales by 11 per cent to £224m, Northern and Central Europe grew revenue by 12 per cent to £210m.

International (Australia, the Americas) was down 2 per cent to £85m.

Outsourcing wins grew revenue in Sweden by nine per cent to £159m. Benelux performance was less good - sales down five per cent to £121m thanks again to government and public sector cutbacks.

Staff numbers increased by 3 per cent over the year to 39, 864. Offshore staff, in India and the Philippines, grew 14 per cent

Logica's full statement is available from here. ®

Boost IT visibility and business value

More from The Register

next story
The police are WRONG: Watching YouTube videos is NOT illegal
And our man Corfield is pretty bloody cross about it
China hopes home-grown OS will oust Microsoft
Doesn't much like Apple or Google, either
Super Cali signs a kill-switch, campaigners say it's atrocious
Remote-death button bad news for crooks, protesters – and great news for hackers?
UK government accused of hiding TRUTH about Universal Credit fiasco
'Reset rating keeps secrets on one-dole-to-rule-them-all plan', say MPs
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
e-Borders fiasco: Brits stung for £224m after US IT giant sues UK govt
Defeat to Raytheon branded 'catastrophic result'
Don't even THINK about copyright violation, says Indian state
Pre-emptive arrest for pirates in Karnataka
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Scale data protection with your virtual environment
To scale at the rate of virtualization growth, data protection solutions need to adopt new capabilities and simplify current features.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?