LogicaCMG downgrades sales forecast

IT group LogicaCMG said on Monday that it expected 2007 turnover growth to be lower than earlier forecast.

Instead of growth of between 4% and 6%, full year growth will now be around 3%, the company said. The Anglo-Dutch company booked turnover of €3.3bn in the first nine months of this year, a 3.6% increase on 2006.
In the Netherlands, turnover was up 9.5% to €164m, buoyed by strong growth in the public sector.

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