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Logica Deutschland Unterschweinstiege 10 60549 Frankfurt, Germany http://www.logica.com
Contact Ms Bettina Albrecht +49 69 26499651
Company logo of Logica Deutschland
Logica Deutschland

Logica reports full year results in line with 14 December guidance1,2

Full year orders up 13% to £4.6 billion, driven by Outsourcing orders up 23% to £2.2 billion

(PresseBox) (Frankfurt, )
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- Full year revenue up 3% to £3.9 billion; adjusted operating profit down significantly on last year at £114 million including the impact of the £132 million of restructuring and contract charges announced on 14 December 2011.
- Underlying revenue was up 4% to £3.9 billion. Underlying performance was:

- Outsourcing revenue up 9%, with second half revenue up 7%
- Consulting and Professional Services revenue flat, with second half revenue down 1%
- Revenue in the commercial sectors was up 7%, offset by a 3% decline in Public Sector o Fourth quarter weakness seen particularly in the Benelux and Sweden

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.