back to article Logica profits slump in 'much more difficult' 2011

Logica said its 2012 revenues could go up or down as it turned in full year 2011 figures that showed a massive drop in profits. The services giant reported full year consolidated revenues of £3.92bn for the year to December 31, up 6 per cent on the year. Consolidated pre-tax profits were £32.7m, a dramatic fall on the previous …

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  1. PeterM42
    Unhappy

    I feel sorry for the employees

    It was bad enough when I worked for that bunch of t****rs, years ago. Even the favoured few are unlikely to get pay rises now, so that just leaves the top brass sitting pretty. And if you don't believe that - just have a look at the next Directors' Remuneration section of the Company Report.

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