UK IT services company Logica saw its revenue rise slightly in the first quarter of financial year 2008, up just 3.6 per cent to £856m from £826m a year earlier.
Despite modest growth elsewhere in Europe, UK revenues remained stationary at £175m, a fact Logica chief executive Andy Green was keen to play down.
“I am pleased with the progress we are making in the UK where we have announced a number of new wins since the beginning of the first quarter,” he said in a statement.
Logica announced a restructuring program, which includes up to 1,300 job losses, in April this year in a bid to improve its revenue growth.
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