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back to article Logicalis profits throttled by tight-fisted biz

Logicalis UK has been hit by a freeze in demand as customers weathered the biting economic storm. The British subsidiary saw sales edge up 1 per cent to $296m (£185.8m) year-on-year and a 24 per cent fall in earnings before interest, taxes, depreciation and amortization to $9.7m (£6.09m) for fiscal 2012 ended February. At group …


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"....Cycles are being extended by three months," said Cook.

Hmmmm. The last big dip, after the spending binge of Y2K, saw a lot of project cycles I knew of extended by a lot more than three months!

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