Financial Times FT.com

Logica benefits from clients’ cost cutting

By Philip Stafford

Published: February 25 2009 09:51 | Last updated: February 26 2009 03:06

Strong orders in the final three months of last year helped Logica, the IT outsourcing specialist, to beat profit expectations, as the financial crisis forced European companies to outsource more business.

Andy Green, chief executive, said the group’s order pipeline had increased 50 per cent since August, as its customers considered shifting business processes to Logica’s cheaper offshore locations such as India and Morocco.

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