02 Nov 2007
Earnings for EDS jumped 75 per cent to $225 million (£108m) during the third quarter of 2007.
The outsourcing giant also reported sales of $5.6bn (£2.7bn), up 6 per cent from last year.
Large deals signed during the period included a $630 (£302m) agreement with US travel company Sabre Holdings, and a $489m (£235m) amendment to the Defence Information Infrastructure contract with the Ministry of Defence.
“While we have made significant progress, work remains for EDS to reach its long-term goals, and we will not settle for the status quo,” said Ron Rittenmeyer.
“Moving forward, our focus will be on improving our mix of higher-margin work, driving productivity and improving our working capital management.”
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