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. ®

Build a business case: developing custom apps

More from The Register

next story
Just TWO climate committee MPs contradict IPCC: The two with SCIENCE degrees
'Greenhouse effect is real, but as for the rest of it ...'
Adam Afriyie MP: Smart meters are NOT so smart
Mega-costly gas 'n' 'leccy totting-up tech not worth it - Tory MP
'Blow it up': Plods pop round for chat with Commonwealth Games tweeter
You'd better not be talking about the council's housing plans
Arrr: Freetard-bothering Digital Economy Act tied up, thrown in the hold
Ministry of Fun confirms: Yes, we're busy doing nothing
ONE EMAIL costs mining company $300 MEEELION
Environmental activist walks free after hoax sent share price over a cliff
Help yourself to anyone's photos FOR FREE, suggests UK.gov
Copyright law reforms will keep m'learned friends busy
Apple smacked with privacy sueball over Location Services
Class action launched on behalf of 100 million iPhone owners
UK government officially adopts Open Document Format
Microsoft insurgency fails, earns snarky remark from UK digital services head
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.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.