Logica Posts a Profit but Remains Cautious

The ScotsmanAugust 10, 2009

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Summary


IT SERVICES group Logica has beaten expectations to post an 8 per cent rise in profit, boosted by a programme of cost savings.

But the firm, which employs about 300 people in Scotland and has a turnover from its Scottish division of close to GBP 40 million, said it was cautious in its outlook as companies held back on major IT projects.

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Extract


Logica Posts a Profit but Remains Cautious

Anglo-Dutch Logica reported adjusted operating profit of GBP 127m for ...

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