IT services company Sema has turned in what it describes as 'disappointing' results with pre-tax profits down 4.4 per cent on last year to £91.9m.
Published: 16 February 2001 13:01 GMT
Turnover was up 7.3 per cent on 1999 from £1.41bn to £1.51bn.
The results come after two profit warnings from the Anglo-French company. However, Sema said its strategic direction remains sound and it has embarked upon activities to improve performance.
The company said it has put in place a detailed integration plan following its acquisition of telecoms company LHS, including the finalisation of a product development roadmap.
Sema also said it is going to implement general and administrative cost-cutting measures across the group in the first half of this year.
Earlier this week, it was announced that Schlumberger will acquire the company for £3.6bn.
Demonstrate and leverage broad understanding of the business (including profit drivers, sales processes, and regulatory requirements, retail ...
To contribute to the Product Development and strategy of Performance Reporting related services and ensure a pragmatic delivery roadmap is agreed to ...
They must also have a business or finance-related degree and have specific experience relating to either profit centre management, flow of funds ...
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