Phoenix predicts hitting end of year mark
Phoenix IT Group confirmed today that trading, cash generation and non-recurring costs for the year ended 31 March 2009 have been in line with expectations. The company said it is saddled with net debt of £72.4m compared to bank facilities of £109m, and finance lease liabilities were about £16m. Non-recurring costs relating to …
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Posted Tuesday 7th April 2009 12:16 GMT
Well..... #
..... making a profit but making people redundant.
All I can say is the ICM BSC arm of Phoenix might be getting the sales in but belive me the level of service will have dropped dramatically!
Anon for obvious reasons!
Posted Wednesday 8th April 2009 12:28 GMT
Pay rise? #
Not for anyone at Phoenix, due to the "difficult conditions"...
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