The Channel logo

back to article Markets whack Phoenix shares

Phoenix IT Group shares took a dive this morning after the company told markets this morning that business was on track, but it still has some worries about public sector cutbacks. Sales and profits from the end of last year, from 1 October, were in line with expectations. The Servo business it bought in 2006 had a decent …

COMMENTS

This topic is closed for new posts.
Anonymous Coward

1st April?

"The integration of ICM/Servo is going well, and the two firms should be working as one by 1 April 2011."

Is this the lead up to an April's Fool joke? Servo / Phonix Group have some very good engineers led by some quite bad management involving way to much process and not enough common sense.

AC for Slander reasons.

0
0
This topic is closed for new posts.

Forums

Opinion

Microsoft CEO Satya Nadella
Stranded_ships

Chris Mellor

Thousands of layoffs announced as spinning rust enters its death spiral

Chris Mellor

BTIG analysts ponder Pure's position and fall in (qualified) love

Features

Plan b, image via Shutterstock
EU workers, new markets: post-Brexit pressure on May & Co
Tough question, pic via Shutterstock
Honest mistake with your licensing? Audit police look at it on a 'case by case basis'
Kevin Turner
Last of Steve Ballmer's old guard heads for the exit