European SI Profitability

Operating margins at the leading European SIs seemed trapped in mid-single digits, less than half the level of global majors and a fraction of the Indian offshore services firms. UK margins are little better. Management are mostly confident that they will be able to improve profitability in 2012. But we wonder if they can do so without relying on further ‘restructuring’.

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Posted by HotViews Editor at '17:07'