Logica's margin challenge - 2012

This time last year we questioned the viability of Logica CEO Andy Green’s aspiration to move medium term ‘adjusted’ operating margins towards double digits (see Logica's margin challenge). In announcing results for 2011 (see Logica profits hit by restructuring), that aspiration was conspicuous by its absence. Andy Green now only forecasts that 2012 adjusted margin will exceed 6.5%, in line with that expected by Atos, though below that of Capgemini’s outlook of >7.4%. We think even 6.5% will present a challenge, and eligible TechMarketView subscription service clients can see why we think that, by downloading Logica's margin challenge - 2012.

Posted by HotViews Editor at '18:14'