Shares in Logica Fall 14%

The HeraldAugust 06, 2011

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Summary


Shares in IT services firm Logica tumbled yesterday as investors dismissed the company's improved sales forecast to focus on its problem areas.

The Anglo-Dutch firm nudged its full-year sales outlook higher, on the back of strong demand for its outsourcing unit, but sounded a note of caution on its margins as trading remained tough in the Benelux region.

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Shares in Logica Fall 14%

As the FTSE-...

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