Summary
IT services giant LogicaCMG insisted it was on the cusp of a recovery today after a torrid start to the year that has seen revenues dive by almost 19% in its key mobile phone software business.
Chief executive Martin Read said orders were on the up and a clear pipeline of prospects was beginning to emerge as markets improve. "Overall we are confident that our business is well positioned for the future," he said.See the full content of this document
Extract
Logica 'Is On the Brink of Recovery'
Underlying pre-tax profit...
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