LogicaCMG: RFID on the Threshold of European Breakthrough
LONDON, April 15 /PRNewswire/ -- The key findings of an international study undertaken by LogicaCMG (LSE: LOG.L - news - msgs) ADVERTISEMENT


reveal that Radio-Frequency Identification (RFID) is high on the agenda for European retailers, food manufacturers and logistic service providers. A majority of the companies interviewed in the Netherlands, UK, Ireland, Germany, France and Belgium, gave RFID top priority in terms of planned IT investment.

RFID is seen as the successor to barcoding. By using RFID it is possible to electronically identify and track objects, such as supermarket goods, without time delays or the need for human intervention. As a result, supply chain logistics are more streamlined and efficient and this ultimately leads to lower costs and higher revenues.

The study shows that half of the 50 companies interviewed in Europe have or are planning to deploy RFID pilot projects throughout 2004, with the vast majority planning to start implementing the technology within the next three years. A number of major retailers, such as Tesco (LSE: TSCO.L - news - msgs) (UK) and Metro (Germany) will initiate large-scale rollout of RFID. Whilst these projects will be finalised by 2007, the research indicates that companies will not begin to tag consumer products until 2008 when prices of tags will have naturally lowered. The focus for the moment is on Returnable Transport Items (RTIs), such as crates and pallets. The tagging of these RTIs will be standard as of 2005. The research highlights when and how RFID will be used on a large scale for RTIs within European retail supply chains. Due to the large variety of RTIs in retail supply chains, the management, recording and administration is both complex and labour intensive. RFID is set to eliminate these concerns.

Since RFID will have great impact on the processes and IT systems of companies, it is necessary that they thoroughly prepare themselves. The use of RFID with RTIs will only take place if the financial benefits are greater than the cost of implementation. The cost/benefit analysis part of the research showed that based on a tag price of 50 eurocents the handling cost per pallet could decrease by 8.5%. This leads to a payback period of between two and three years.

A majority of companies that have trailed RFID prefer the EPC (Electronic Product Code) network as standard for information exchange and UHF (Ultra High Frequency) as frequency. In the short term there are a number of issues that should be solved before RFID can be broadly adopted. First, the EPC network has not been finalised yet. Second, limitations in European legislation mean that the use of UHF technology is currently restricted. Finally, the software to integrate RFID in the existing IT infrastructure is not mature yet. LogicaCMG anticipates that by the end of 2004, the main issues will be resolved. As volume deployments will increase in the next few years, the cost of RFID tags will be naturally lower.

Paul Stam de Jonge, Director Sales and Marketing of LogicaCMG: 'The research shows that we are on the threshold of a breakthrough of RFID technology in the European market. The quick introduction of the EPC network is key for the broad acceptance and implementation of RFID. For this reason we, together with many organisations within the sector, have put a lot of effort in the definition of the EPC network."

Since the whole supply chain is involved, the RFID implementations of the large retailers in 2005 will have a great impact on the food manufacturers, logistic service providers and retailers. According to Paul Stam de Jonge 'the RFID implementations will lead to an irreversible process in the retail market. In the short term, it is therefore of the up most importance for companies to gain knowledge and experience with RFID'.

About RFID technology

RFID technology is based on a relatively simple concept. It consists of two elements that communicate through radio transmission - a tag and a reader. The tag contains a small chip and an antenna and can be placed on any object. The information on the tag, such as an identification number, can be transmitted to an RFID reader over a distance of a few meters. The readers are placed in various locations throughout the supply chain. RFID allows objects to be electronically identified and followed throughout the complete distribution chain.

There are two main reasons for the application of RFID technology in RTIs. On the one hand it allows RTI pool organisers and logistic service providers to electronically follow the RTIs. On the other hand it allows manufacturers and retailers to follow and identify products. Both reasons result in a higher cost-effectiveness.

The dominant position of the retailers in the supply chain means that they have a leading role in the uptake of RFID. The study shows that retailers are particularly interested in tracking at an individual product level. Tagging at pallet level is not as crucial as they are often only used to transport the goods to the distribution centre, as opposed to throughout the entire supply chain.

NOTES TO EDITORS
About the research
- The research is an initiative of LogicaCMG in close co-operation with
EAN Netherlands and ECR D-A-CH and is sponsored by Checkpoint Systems (NYSE: CKP - news) ,
Euro Pool System, Intermec, Omron, Zetes, SAS and Container
Centralen A/S
- The geographies researched were the Netherlands, UK, Ireland, Belgium,
France and Germany
- The study consisted of 50 in-depth interviews with potential users of
RFID technology (retailers, manufacturers, logistics service providers
and RTI pool organisers) as well as extensive desk research
- As it is expected that Returnable Transport Items (RTIs) will be fitted
with RFID relatively quickly, the study focused on the application of
RFIDs in pallets, crates and containers within the supply chain

About LogicaCMG

LogicaCMG is a major international force in IT services and wireless telecoms. It provides management and IT consultancy, systems integration and outsourcing services to clients across diverse markets including public sector, telecoms, financial services, energy and utilities, industry, distribution and transport. Formed in December 2002, through the merger of Logica and CMG, the company employs around 20,000 staff in offices across 34 countries and has nearly 40 years of experience in IT services. Headquartered in Europe, LogicaCMG is listed on both the London and Amsterdam stock exchanges (LSE: LOG; Euronext: LOG). More information is available from www.logicacmg.com.

About EAN Netherlands

EAN Netherlands plays an active and leading role in the promotion and implementation of the global, open EAN-UCC standards for automatic identification and electronic communication in the Netherlands. EAN Netherlands is a non profit organisation, with 5.800 member companies from 30 industry sectors, and is a member organisation of EAN International www.ean.nl.

About ECR D-A-CH

Efficient Consumer Response (ECR) is a joint initiative by manufacturers, retailers and other partners in the supply chain. ECR aims to improve processes and provide consumers with optimum quality, service and variety of products at the best price www.ecr.de.

LogicaCMG also gained, up 4-1/2 pence to 240-1/2, after the IT services
company's house broker Merrill Lynch repeated 'buy' advice and played down the
significance of recent forecast downgrades from rival brokerages.

STOCKWATCH LogicaCMG raised to 'buy' at ING ahead of trading update
LONDON (AFX) - Shares in LogicaCMG PLC have been upgraded to 'buy' from 'hold'
at ING ahead of the Anglo-Dutch IT service group's trading statement on Tuesday.

LogicaCMG stock has been buffeted over the past couple of weeks as a number of
prominent brokers cut their 2004 earnings forecasts for the group.

The fall in consensus earnings forecasts was a reaction to previously 'inflated
first-half expectations', according to ING, which expects LogicaCMG to reassure
investors that it is in good shape to deliver strong full-year results.

'We expect management to reiterate its guidance for a return to growth in
2004,' said the broker.

Losses in the group's German operations should fall this year, while there
should be a 'modest' uptick in the IT services market and the 'normal'
second-half surge in demand for LogicaCMG's wireless software, according to ING.

The Dutch broker is looking for first-half revenues of 871 mln stg, resulting
in operating profits of 60.4 mln and pretax earnings of 53.4 mln.

By 8.33 am, LogicaCMG rose 2-1/2 pence to 207-3/4.

sd/ak

One to watch Tues, v/large buy volume on + after the bell, anyone know why?

LogicaCMG lower as warns on H1 revenues May 18 2004 11:28

LogicaCMG opens down 5.8% at 178.8p on downbeat trading statement May 18 2004 08:15

LogicaCMG says wins 1m contract with the MoD to centalise military health records May 17 2004 09:42

LogicaCMG up 2.3% at 209.8p on upbeat contract news May 13 2004 09:45

LogicaCMG says wins inventory management contract from BT Wholesale May 13 2004 09:43


http://mwprices.ft.com/custom/ft-com/quotechartnews.asp?subtab=&FTSite=FTCOM&q=LOG&searchtype=equity&expanded=&countrycode=UK&s2=uk&symb=LOG&sid=121702&site=&company=NEW&selected=Logicacmg

LogicaCMG warns of lower revenues
AFX
Interim revenue from IT Services and Wireless arms to be lower year-on-year

LogicaCMG said first half revenues in IT Services and Wireless Networks are expected to be lower year-on-year.

In a statement ahead of today's AGM, the group said its IT services are currently trading in line with expectations for the year.

It added that, overall in the first half, the group expects a slight revenue decline in IT Services at reported currency over the second half of 2003, primarily due to reductions in Germany, lower materials revenues in France and the adverse Euro effect.

In Wireless Networks, the group said it also sees lower revenue in the first half but the group said the medium-term outlook is positive.

LogicaCMG said it has continued to make solid progress in the UK market in IT Services with public sector and telecommunications being the strongest drivers. The momentum in Benelux during the latter part of last year has been maintained with improving utilisation and stable rates. As a result, the group is actively recruiting in both the UK and the Benelux businesses.

The board said France also continues to develop in line with the improvement in the quality of business achieved during 2003. As expected, Germany remains a difficult market for IT services, but the board said that following an initial reduction, it is seeing some signs of top line stability during the early months of this year.

Margins for IT services in the first half will be slightly down on the second half of 2003, following the usual seasonal pattern and the impact of lower revenue in Germany. For the full year, the group said it believes it can achieve growth at constant currency, although the weaker Euro will impact growth on a reported basis.

As stated at the preliminary 2003 results in March, the group said full year margins for IT services are likely to be a little ahead of the second half of 2003.

Turning to Wireless Networks in more detail, the group said revenue and order intake in the first quarter were consistent with the normal seasonal pattern.

However, as the second quarter progresses, the group said it is becoming clear that a higher proportion of the orders the group is winning have longer delivery schedules and a more substantial solutions and hardware component which extends revenue recognition.

Although these contracts are subject to more protracted negotiations, Logica said it still expects that overall order intake in the first half will be in line with last year. However, the slower conversion to revenue in the first half will not compensate for the gradual, expected reduction in core SMS revenue.


Consequently the group said it anticipates that first half revenue for Wireless Networks will be approximately 10 pct behind last year and, with a slightly higher hardware element in the gross margin, the division will incur a loss in the half, as it did last year.

The group is making solid progress in multimedia messaging and mobile payments and continues to trial replacement MMS systems with tier one operators. The group's customers continue to see increasing data revenues, which is the key driver for investment in the product portfolio, and camera enabled handset penetration has grown further this year.

With solid order intake in the first half and in line with normal seasonality, the group added that it expects increased revenue in the second half. 'We will gain further operating synergies as Wireless Networks continues to be more closely aligned with the rest of our business,' it said.

The group expects that the division will be profitable for the year and remain positive on the medium-term outlook for the business.

The company's interim results will be announced on Sept 1 and a business briefing for analysts is planned for the second half of the year.

Its shares dropped 2.5% to 185.25p.

After yesterday's profits warning LogicaCMG rallied 3.5p to 186.5p as CSFB upgraded its stance to "hold" from "underperform" and Goldman Sachs published a 260p price target and an "outperform" recommendation.

LONDON (AFX) - Shares in LogicaCMG PLC have been upgraded to 'buy' from
'neutral' at UBS, dealers said.

The broker cut forecasts to reflect LogicaCMG's profit warning last week, but
still valued the stock at 220 pence compared to Friday's closing price of 183p.

UBS argued that LogicaCMG's underperforming Wireless Networks unit reflects
slow market development, and sees delayed demand for next-generation mobile
products as a significant ongoing risk.

However, the broker said it thought LogicaCMG can still emerge with a 'viable'
market share in multimedia messaging service systems.

Given the possible outlooks for Wireless Networks, UBS valued the unit at
anything between 100 mln stg and 750 mln. A middle value led it to a 320 mln
valuation.

The broker's various scenarios yielded a range of price targets on LogicaCMG
shares of 190 pence to 275p.

'This is a tight call, with no clear near-term catalyst,' UBS cautioned
clients.

From saturday's Guardian

"Among the techs, LogicaCMG gained 4.75p to 189.25p amid suggestions that US rival Comverse, which has around $1.5bn (815m) in the bank, is lining up a bid for its wireless network division"

http://www.guardian.co.uk/business/story/0,3604,1231964,00.html

''LogicaCMG saw its shares gain ground after broker CSFB advised investors to "buy" the stock on the back of expected good news from US peer Accenture later today ''

LogicaCMG: don't let wireless distort the picture
Published: 12:14 Thr 24 June 2004
By Joanne Wallen, Associate Editor

LogicaCMG's shares have plunged 70% since February; in an exclusive interview with Citywire the company's finance director blames the market's unhealthy obsession with its wireless networks business which has been marked down to virtually nothing by disgruntled investors.

We tipped the shares (LOG) in March last year at just 114p and they went as high as 311p in February this year. Today they are up 3.75p at 177.5p, reflecting both issues still outstanding at the company itself and the correction in tech stock shares that we have been warning about for some time now.


Citywire met chief financial officer Seamus Keating to find out what issues both LogicaCMG and the IT services sector generally are facing and to get a feel as to whether the shares are likely to recover or have still further to fall.


Keating believes that sentiment toward LogicaCMG is highly weighted toward the company's wireless division, which provides infrastructure software to network operators for SMS text messaging, picture messaging, prepay subscriber access and unified messaging. However, he points out that his business still accounts for only 15% of total revenues.


A year ago Keating points out, the wireless business was valued at zero in a sum of the parts valuation. By the end of last year it was being valued at between 500-750 million. Today, it is back to being valued at virtually nothing. Keating believes that sell side analysts got a little over excited in February at the annual GSM mobile congress in Cannes, believing the new data and picture services they saw demonstrated would happen sooner rather than later. Hence, no doubt, the spike in LogicaCMG's shares to 311p.


It is on the one hand understandable that the company believes there is too much importance being attached to the success or otherwise of 3G and new mobile services in general. However, it is also inevitable that the market would get both excited and disappointed at what potentially could be a far higher growth part of an otherwise traditional, well-established IT services business.


That said, Keating says the wireless side is increasingly starting to look like the rest of the business. The products are getting ever more complex and therefore need the same sort of systems integration and support that LogicaCMG provides elsewhere. But operators are so far still testing out new services, buying only in small quantities. The hope is that as demand for new services grows, so operators will have to keep coming back to buy more capacity from the likes of LogicaCMG.


In the UK Keating thinks there is 'more happening' than there has been for the past three or four years, and that more projects are being considered. That said, companies continue to be cautious and are far more focused on either saving money or tangibly increasing revenues with the help of new IT systems. If they do not believe the system will deliver, they simply will not buy.


Medium term prospects are better, however. Keating believes that the UK ratio of capital expenditure to GDP is at an all time low, and is likely to start picking up some time soon given that companies have paid down a lot of debt.
The company is particularly seeing increased 'enthusiasm' from the telecoms sector, and some freeing up of budgets in financial services. The Netherlands business is much the same as the UK but around 6-12 months behind in the recovery cycle. France is further behind still and then there is Germany, one of the main areas of concern for LogicaCMG followers.


'Germany is still really struggling,' says Keating, and so far it is difficult to see a way out for the economy as a whole. It is 'over-banked, and paying too much for producing too little,' Keating reckons. But Germany is and always will be too large and important a market for any European company to ignore. Keating says many of the company's European customers have headquarters in Germany, and reckons that is essential to have a presence where the decisions are being made.


LogicaCMG had its own internal problems in Germany to compound the general economic situation, and has since strengthened its management team and cut costs. Keating believes it should be possible to run a profitable business in Germany even on a smaller scale than elsewhere. The new chief executive for Germany is Peter Herman, formerly of IBM, Lufthansa and EDS. He has been in the job for just three months, and while he has apparently identified the problems, he has not yet had time to come up with the solutions.


In the UK, outsourcing is a big driver for growth - it currently represents about 20% of total turnover - but neither France or Germany is really culturally ready for this wholesale change in the way IT services are provided. That said, Keating believes the move toward outsourcing has been gathering momentum for long enough to suggest that it will keep going, and LogicaCMG prides itself on being able to offer the high value, high margin end of the business, managing processes such as personnel and payroll and applications such as SAP.


Keating reckons the IT services sector is only now emerging from a three-year period of decline, and acknowledges that everyone from staff to shareholders is looking forward to a renewed period of growth across all sectors and markets. Keating thinks this will come gradually, and that it will be 'patchy' on a country-by-country basis.


The new merged business is in a strong position to lead what Keating sees as an inevitable further consolidation in the industry. He believes large companies are increasingly looking at a smaller number of larger suppliers to fulfil more of their needs.


'We've done pretty well in the last couple of years and we now have the right things in place for growth again,' Keating said.


Citywire Verdict:
Shares are currently rated at 13.2 times 2005 earnings estimates, lower than Xansa (XAN), which reported today It is understandable that without the potential of the wireless story, LogicaCMG looks a pretty solid business with a dividend yield of around 3.5% and with steady but not wildly exciting growth prospects. On that alone it is worth a hold, and the wireless potential adds spice, if greater volatility with it.

LogicaCMG added 8 pence to 171-1/4 after Deutsche Bank upgraded its
recommendation to 'buy' citing valuation. The broker believes that the
"worst-case scenario" for profit growth this year has been priced in

Strong results from Logica
MoneyAM
Anglo-Dutch IT services and wireless network group LogicaCMG reported stronger than expected H1 results and said the strength of its IT services order book means H2 margins and revenues in this business will be ahead of the first half.

The company reported pretax profits before exceptional items and amortisation of goodwill of 39.2m, compared with 38.9m a year earlier. (Analysts had expected a pretax profit figure of 24.7m.)

"Across our IT services business, both the order intake and the prospect pipeline continue to strengthen," said Martin Read, LogicaCMG's CEO. "We anticipate that margins in the second half will be ahead of those achieved in the first half despite the impact of poor performance in Germany and ahead of 8% for the year as a whole."

In its wireless networks business, LogicaCMG expects gross margins to be "similar to" those seen in the first half.

First-half revenue was 809.2m, down 5.1% from a year earlier while adjusted operating profit rose 3.8% to 46.1m.

Operating profit was 34.2m, compared with a loss of 52.7m a year ago.

The interim dividend was maintained at 2.3p.

LONDON (AFX) - Anglo-Dutch IT services and wireless network provider
LogicaCMG PLC sees the deal to take a majority interest in Edinfor, the IT
services arm of Electricidad do Portugal, "in the next few weeks," said chief
executive Martin Read.
"We're now down to the last two... up against a well-know American group and
in negotiations at the moment... and we expect to know the outcome I think in
the next few weeks," Read told reporters on a conference call.
The well-known American group referred to is Electronic Data Systems
Corporation ("EDS"), according to Electricidad do Portugal which has announced
that the shortlist is made up of LogicaCMG and EDS.
Read said there were originally ten companies bidding for the deal, which
would be part of a strategic partnership including an outsource contract for
continued work at the parent company.
Edinfor is a services provider in the Portuguese market and is developing
its business in Spain.
"This is a significant opportunity for LogicaCMG and is similar in concept
and structure to the Hyder deal won in 2001.
"At the time of writing we await EDP's decision as one of only two remaining
bidders in the final round of submissions," the company said earlier in a
statement.
The company earlier reported stronger-than-expected first-half results and
said the strength of its IT services order book means second-half margins and
revenues in this business will be ahead of the first half.
The company reported pretax profits before exceptional items and
amortisation of goodwill of 39.2 mln stg, compared with 38.9 mln a year earlier.
oliver.wagg@afxnews.com
ow/slm/

Hey guys is it just me following this? good medium term potential next stop 200 soon and the possible back to 250-300. All comments welcome. DYOR

i think you r de only one ,no scope 4 growth mate.

You maybe right Bash but still 200 within next few weeks. bought in @152 so in decent profit at the moment. I still have a feeling they will reach 250-300 trading range within next 5/6 months.

what makes you say "no scope 4 growth mate". I would be interested to here your negatives.

For someone that bought at 260 on the back of press and broker reports that the target was 330 Logica makes for good watching as it slumped during the lows of the last 2-3 months in the FTSE but has started to recover of recent times.

I would still bank on a long term high of 330 - 350 within 6-9 months time as the sector is a strong sector but also a highly volatile sector. As sharply it dropped will be as sharply it rises. This is unfounded however but just a hunch that Logica are a safe bet for more rises in the future.

Hey welcome to LOG thread Duncs. I was getting worried that i was the only one here. Yes I agree the only issue is with germany at the moment. LOG have stated that they will in profit by 2005 so that will be interesting to see. The last highs were reached cos LOG stated that they would be profit in 2004 which then became impossible and sp began to decline.

Tuesday September 21, 08:03 AM
LogicaCMG Enters Fast-Growing Algerian Mobile Market With Wataniya Next Generation Messaging Contract
LONDON, September 21 /PRNewswire/ --
- Siemens Mobile Networks and LogicaCMG Maintain Partnership Momentum With New Deal in Africa
LogicaCMG (LSE: LOG.L - news

- msgs) today announced it has been selected to provide a Next Generation Messaging solution to Wataniya Algeria. Wataniya has secured one of three GSM network licences awarded in Algeria, strengthening its position as a key mobile operator in the region. This is the first major mobile infrastructure project for LogicaCMG in Algeria and this deal has been won through LogicaCMG's longstanding strategic partnership with Siemens Mobile Networks.
Wataniya Algeria is deploying the Next Generation Messaging architecture that provides network operators with a cost-effective solution in every phase of market development whilst preparing networks to accommodate future service demands. LogicaCMG's Next Generation SMSC will support the launch of its range of value-added SMS and content delivery services targeting both consumer and corporate users. The ability to provide these advanced messaging capabilities will unlock new SMS market opportunities for Wataniya in Algeria, increasing potential revenue generation and enabling it to speed the return on investment for the region. Wataniya Algeria and Siemens Mobile Networks selected LogicaCMG for its proven experience in mobile messaging.
Mr. Joseph Ged, Chief Technical Officer at Wataniya Telecom, said: "The market for mobile services is growing at an astonishing rate in Algeria, creating exciting new opportunities for us as a major provider of SMS and other value-added mobile services. Our strategy to invest in new markets such as this has led to us operating GSM networks in several high-growth territories, including Kuwait and Iraq where we are also working with LogicaCMG. We are pleased to continue developing this business relationship in the confidence that we are building a solid platform for our mobile services."
Dr. Bhanu Sud, LogicaCMG's director and general manager for the wireless business in the Middle East and North Africa, said: "This project with Wataniya enables us to secure a firm footing in the Algerian market and we see this agreement as a precursor to similar deals in the region. The African continent is one of the fastest growing mobile markets in the world, with mobile phone usage rocketing in many countries. LogicaCMG's technology, in partnership with Siemens Mobile Networks, will enable Wataniya Algeria to deliver services that meet the growing demands of the region's users."
LogicaCMG is the global leader in telecom messaging and payments, delivering two out of every three text messages and supplying next generation messaging and billing solutions to 250 of the world's top operators in over 70 countries. These solutions serve more than 500 million active mobile phone subscribers. LogicaCMG also delivers one out of every four multimedia messaging systems, with commercially deployed MMS solutions serving over 130 million subscribers around the world.
Notes to Editors
About Siemens Information and Communication Mobile
The Siemens Information and Communication Mobile Group (Siemens (Xetra: 723610.DE - news) mobile) offers a complete range of mobile solutions including mobile devices, infrastructure and applications. Devices include mobile phones, wireless modules, mobile organizers and cordless phones as well as products for wireless home networks. The infrastructure portfolio includes GSM, GPRS and 3G mobile network technologies from base stations and switching systems to intelligent networks, e.g. for prepaid services. Mobile Applications cover end-to-end solutions for Messaging, Location Based Services or Mobile Payment. For fiscal 2003 (September 30), Siemens mobile recorded sales of EUR 10 billion and employed approximately 26,900 people worldwide. You can access press releases, photographs and further information on the Internet at: http://www.siemens-mobile.com/press
About LogicaCMG
LogicaCMG is a major international force in IT services and wireless telecoms. It provides management and IT consultancy, systems integration and outsourcing services to clients across diverse markets including public sector, telecoms, financial services, energy and utilities, industry, distribution and transport. Formed in December 2002, through the merger of Logica and CMG, the company employs around 20,000 staff in offices across 34 countries and has nearly 40 years of experience in IT services. Headquartered in Europe, LogicaCMG is listed on both the London and Amsterdam stock exchanges (LSE: LOG; Euronext: LOG). More information is available from www.logicacmg.com

Tuesday September 21, 08:30 AM
Related Quotes


Emblaze Ltd

Philips to merge MMS software ops with Emblaze unit
AMSTERDAM (AFX) - Royal Philips Electronics NV and Emblaze Ltd (LSE: BLZ.L - news) said they have agreed to merge their respective transcoding operations, which help facilitate mulitmedia messaging (MMS) on mobile phones.
Philips MP4NET Ltd and Emblaze Transcoding will be merged to form Adamind Ltd, based in Ra'anana Israel. After the merger, Emblaze will hold 70 pct in Adamind and Philips (Amsterdam: PHG.AS - news) 30 pct.
Transcoding software components are inherent in all MMS systems and facilitate messaging between different types of phones and devices.
Adamind will continue to work with resellers such as Ericsson (Stockholm: ERICb.ST - news) , LogicaCMG (LSE: LOG.L - news - msgs) and Openwave. The business has over 70 commercial operator customer deployments worldwide.
Financial details of the venture were not released.

All was going well until Broker puts an oar in - strange that so many small holders are selling day before ex Div - I have just bought in again and Div will pay my dealing costs (lets hope it dosn`t drop to 160p but bounces back to 190p)

LONDON, September 21 /PRNewswire/ --

- Traffic information service based on GSM network available in the
entire province



The province of Noord-Brabant in the Netherlands has announced the
extension of the Mobile Traffic Service (MTS), developed by LogicaCMG, to its
whole region for the next two years. MTS, provides information about speed
and journey times, drawn anonymously from the GSM network. From 2005 this
information will be available to motorists via the internet and route
information panels on provincial roads.



Last year a pilot programme was run in part of the province around the
Breda and Tilburg area - on and between the motorways A16, A58, A59 and
secondary road N261. A validation study by Goudappel Coffeng research and
consultancy has shown that MTS provides reliable traffic information. The
province wants to get better insight in traffic flows and wants to provide
motorists with real-time information about traffic jams and travel period of
vehicles.



Unlike other systems, MTS is capable of providing traffic information on
the entire road network - including both national and local road networks.
The present loop detection system only provides information on national
roads. What's more, the infrastructure is costly, logistically complex and
requires maintenance. MTS makes all of this superfluous. In addition
implementation of loop detection takes significantly more time than the
installation of the MTS software. The roll-out of MTS within the whole
province will only be three months. Also the client - usually the road
manager - does not have to set up an additional management organisation, as
MTS is subscription-based.



Haye Mensonides, managing director of LogicaCMG's public sector business
said: "We are very pleased that the Provincial Executive of the province has
decided to extend MTS to the entire region. This agreement is another step in
the right direction for our ambition for a national roll out of MTS."



MTS makes use of the GSM network and is implemented in cooperation with
Applied Generics and telecom operator Vodafone. The MTS traffic data is
calculated using data anonymously retrieved from the GSM network. A
representation of the movement of mobile telephones across the road network
is obtained by means of coded data. Travel times and speeds are then
calculated based on this information. Anonymous information is retrieved from
the GSM network via passive monitoring, without individual mobile telephones
actually being approached.



Notes to Editors

About LogicaCMG

LogicaCMG is a major international force in IT services and wireless
telecoms. It provides management and IT consultancy, systems integration and
outsourcing services to clients across diverse markets including public
sector, telecoms, financial services, energy and utilities, industry,
distribution and transport. Formed in December 2002, through the merger of
Logica and CMG, the company employs around 20,000 staff in offices across 34
countries and has nearly 40 years of experience in IT services. Headquartered
in Europe, LogicaCMG is listed on both the London and Amsterdam stock
exchanges (LSE: LOG; Euronext: LOG). More information is available from

www.logicacmg.com





For more information or to request an interview with LogicaCMG please contact:
Press Contacts Isabell Horvath Pete Hendrick/Matt Harris, +44(0)20-7446-1259
+44(0)20-7419-7000 Mobile: +44(0)7739-774512

http://www.ukwire.com/cgi-bin/newsalert?conf=680678490

NOTIFICATION OF MAJOR INTERESTS IN SHARES
THE CAPITAL GROUP COMPANIES, INC. has increased its holdings from 4.7% on 27/09/2004 to over 6% on the 28/09/2004. Do they know something that we don't?

tell us frankly how much you holding and we will join into ramp it up

Is that what you do Bash? How much do you charge for your services?

LONDON (AFX) - Shares in LogicaCMG PLC were 2.5 pct higher in midmorning
deals as Deutsche Bank urged clients to buy into the Anglo-Dutch IT group on the
back of recent weakness, dealers said.
The broker said the shares have underperformed the sector by 6 pct in the
past two weeks, which it regards as "unwarranted".
In a bullish note, Deutsche said concerns over growth in the UK were
"misplaced" as it gave a positive assessment of the group's German prospects and
Wireless division.
At 10.28 am, shares in Logica were 4-1/2 pence higher at 174-3/4.
rn/ra

it seems you eat lots of chillis
you sound very bitter for some reasons ,i was very sincere in my offer and for free.

1 October 2004, LogicaCMG: Negotiations with EDP in Portugal

LogicaCMG has today been informed by Electricidade de Portugal (EDP) that it
has been selected as their preferred outsourcing partner. This will include the
acquisition of a majority interest in Edinfor, their IT services subsidiary. We
look forward to finalising our due diligence and contractual agreements with
EDP over the coming weeks and ensuring a smooth and beneficial transition for
Edinfor employees, customers and partners.

LogicaCMG to buy 60 pct of Electricidade de Portugal's IT unit Edinfor UPDATE
AFX


(Adding analysts' comments)

LONDON (AFX) - Anglo-Dutch IT services company LogicaCMG PLC said it has been selected as Electricidade de Portugal's preferred outsourcing partner in a deal that will include the acquisition of a 60 pct stake in Edinfor, EDP's IT services subsidiary.

The company gave no terms, since it wants to complete due diligence and contractual agreements with EDP over the coming weeks.

Miguel Viana, an analyst at Espirito Santo Research, values the stake at 142 mln eur.

A LogicaCMG spokesman said the deal would give the company an 'Iberian footprint' and access to over 600 highly trained energy utility experts.

The deal will allow EDP to reduce its costs with IT services and to reduce net debt through the disposal of a non strategic business, Viana of Espirito Santo said.

Cazenove analysts said in a note after EDP said last night it was in the final stage of exclusive talks with LogicaCMG that Edinfor's margins will be lower in the future since it had been allowed to earn a high margin from its parent while part of the EDP group.

Although the situation has been corrected to some degree before the announcement, the price LogicaCMG pays must reflect the rate of future profitability, they added.

In 2002, Edinfor's margin was 14.9 pct compared with an average of 8 pct at European peers.

A premium takeover rating might be justifiable given the opportunity for LogicaCMG to use Edinfor as a platform of expansion into Portugal and Spain, although these benefits would accrue gradually, the Cazenove analysts said.

LogicaCMG was up against the US' Electronic Data Systems Corp in the auction.

There were originally 10 companies in the bidding.

oliver.wagg@afxnews.com

ow/jc

Merrill Lynch
The broker reiterates its buy rating for LogicaCMG

I am just about into profit with this one so any positive news is good - thanks azhar

OK its now down 4% and I am again losing - even so just about more buuys than sells. The tidy will turn - "its only Logic!"

Optimistok IMO I think these will be trading around 250-300 within six months.

Invitation to Global Aviation RFID Forum 2004
MUNICH, Germany, October 8 /PRNewswire/ --

Global Aviation RFID Forum ; October 20, 8:30 am - 5:30 pm, Munich

Arabella Sheraton Grand Hotel, Arabellastrasse 6, 81925 Munich, Germany

- Aircraft manufacturer Airbus is working ADVERTISEMENT


intensively on advancing radio frequency identity (RFID) technology in the aviation industry.

- Airbus Spares Support and Services in Hamburg, Germany, already uses RFID technology to optimize the global use of its service and repair facilities (tool cycle management). Airlines benefit from faster availability and aircraft manufacturers from enormous cost advantages.

- This is the world's only solution for installing RFID chips in flying aircraft parts as required in the aviation industry. The effects of metal on the radio frequencies used in RFID present particularly difficult challenges for the solution.

- The technology and system solution to make it possible is provided by the consulting, software development, and system integration company LogicaCMG (LSE: LOG.L - news - msgs) .

- Under the lead of LogicaCMG, Airbus, and others, the aviation industry is establishing an important precedent for other sectors.

- RFID tags with integrated chips and mini antennas that can be tracked over short distances by radio waves are considered a megatrend in numerous industries, including logistics, commerce, and manufacturing (supply chain management).

The Global Aviation RFID Forum is sponsored by Airbus and Boeing.

Additional Information: www.globalaviationrfidforum.com

11 Oct 2004
ATLANTA, Georgia, October 11 /PRNewswire/ --

- LPA Will Enable Banks to Cater for All Future Demands for Payments
Services

LogicaCMG launched today the LogicaCMG Payments Architecture (LPA). This
strategic approach to reengineering payments operations enables banks around
the world to transform their payments businesses delivering high quality
services to customers at a significantly lower operational cost.

Across the whole of the payments industry, there is a growing recognition
that fundamental transformational changes are needed that place new and
different requirements on models of operation and technical architecture.
Marginal enhancement to existing operations and supporting systems has
resulted in today's system complexity and an inability to meet the challenge
of providing a flexible, scalable payments business.

With more than 30 years experience of implementing innovative payments
infrastructures and commercial payments processes, LogicaCMG is uniquely
equipped to support organisations through the analysis, design and
implementation of transformational change.

The LPA applies to all payments systems and processes, high and low
value, simple and complex, and covers all participants in the payments value
chain. It provides flexibility, high levels of automation and rapid
differentiation in payments services.

Under the LPA banner, LogicaCMG provides solutions and market leading
services to central banks, clearing houses and global, regional and domestic
banks. For central banks there is the award-winning real time growth
settlement (RTGS) and Government securities settlement systems. For
commercial banks there is innovation in liquidity management, electronic
invoicing, payment pricing and cash reporting. And in financial messaging,
LPA includes solutions for reporting, corporate connectivity and message
bulking.

The solutions and services that LogicaCMG has recommended for many years
are available as demonstrable solutions with live customers. To this we add
our global experience in implementation of major change programmes to deliver
the safe and progressive transformation of existing payments infrastructures.

Nick Caplan, international managing director of LogicaCMG's global
financial services business, said: "LPA brings together our market knowledge
and implementation experience in a model for the transformation of payment
businesses. It truly builds on LogicaCMG's understanding of the payments
industry to deliver a payments infrastructure that can meet the demands of
customers and regulators now and into the future."

LogicaCMG will be exhibiting at Sibos 2004 (stand D068) where LPA will be
a focus. Additionally at Sibos, Terry Quigley, head of global financial
messaging, LogicaCMG, will moderate the seminar 'Payments services in the
digital world. Are you getting what you pay for?' on 12 October at 14:00. If
you are attending the show and would like to speak to LogicaCMG and discuss
the LPA, please contact Matt Harris or Pete Hendrick on +44-(0)20-7429-7000
or email.

LONDON, October 11 /PRNewswire/ -- LogicaCMG will demonstrate its leadership
position in the transportation
industry, through the strength of its mobility solutions, at this year's
Intelligent Transport Systems (ITS) World Congress, taking place in Nagoya,
Japan from 18 to 22 October. The company is supporting the congress from its
offices in Japan located in Osaka and Tokyo.



LogicaCMG will share ITS Netherlands' stand 3048-2, Hall 3. Two
particular areas where it will detail its expertise in the mobile solutions
market are Mobile Ticketing and Mobile Traffic Services (MTS).



On Thursday 21 October, 11:00 - 12:30, LogicaCMG will give a presentation
entitled Cooperation and Traffic Management with its Dutch customer, the
province of Noord-Brabant, on the successful deployment of its Mobile Traffic
Services (MTS) solution. Following an initial pilot scheme in November 2003,
Noord-Brabant has extended its use of MTS to the whole region for the next
two years. The presentation will showcase how the service has delivered
reliable information on travel times and vehicle speeds on the entire road
network. Using a GSM network, LogicaCMG's MTS provides historical and/or real
time traffic information enabling the province of Noord-Brabant to inform
motorists of the traffic situation, recommend alternative routes or apply
measurements for leading the traffic over the road network more efficiently.



In addition, LogicaCMG will make a presentation entitled: Sustainability
- Funding Sources and Mechanisms, 14:00 - 15:30 on Thursday 21 October.
LogicaCMG will highlight the benefits and long term impact of mobile traffic
services, cell broadcast emergency alerting, GSM-rail developments and
Galileo based positioning for road user charging. LogicaCMG will focus on
sustainable business models and transition paths to scale from regional
pilots up to nation-wide implementations.



Cees de Wijs, Director Wireless Enterprise Solutions at LogicaCMG
commented; "With Mobile Traffic Services and Mobile Ticketing LogicaCMG can
provide solutions for governments, consumers and business users alike -
enabling significant time and cost savings. LogicaCMG's systems integration
track record coupled with its global reach enables it to provide unparalleled
support to global corporations in their use of these innovative services."




To request a meeting with a LogicaCMG spokesperson at the ITS World Congress,
please contact Pete Hendrick or Cathy Owen, Band and Brown, +44(0)20-7419-7000,

Wednesday October 13, 12:00 PM
LogicaCMG Announces a Global Alliance With Dovetail Systems
ATLANTA, Georgia, October 13 /PRNewswire/ -- LogicaCMG (LSE: LOG.L - news - msgs) Advertisement

announced today a global marketing and licensing agreement with Dovetail Systems to transform the payments processes, operations and infrastructure of commercial banks.

LogicaCMG and Dovetail have identified that banks needing to transform their payments operations require a safe and progressive method to deliver business value, renovate current business processes and technology. These changes need to be based upon existing operational capabilities. This alliance brings the complementary skills and strengths of both companies together to implement their shared vision quickly, efficiently and with minimum risk. The risk of change is substantially reduced by implementing a step-by-step change, rather than the one-time 'big bang', which many competing technologies demand.

Visitors to Sibos 2004 can see this capability demonstrated at the LogicaCMG and Dovetail stands (LogicaCMG - D068, Dovetail - G126). The combination of the two companies' strengths provides multi-currency payments processing functionality, capable of operating in both the US and European environments.

LogicaCMG's All Payments Solution, part of the all-embracing LogicaCMG Payments Architecture (LPA), combines technology from Dovetail with its own components and those from other providers, to enable banks to exploit the changing economics of the payments business.

Nick Caplan, international managing director of LogicaCMG global financial services said "We welcome the addition of Dovetail Systems to the range of providers we have selected in our payments solutions. Banks which have defined a strategy to grow their payments business will need an adaptable cost-effective infrastructure capable of satisfying customers' demands for new services and the ever-growing burden of regulation in a cost-effective manner. With Dovetail's capability to deliver increased straight through processing, this alliance provides a platform to meet the challenge."

Richard Little, Chairman of Dovetail, added, "By working with LogicaCMG we can leverage their expertise and reputation for delivery to time and to budget to help banks around the world to transform their payments operations. Our shared approach in managing an effective payments business enables distributed functionality resulting in reduced costs, empowered staff and an improved contribution to profitability."

http://uk.biz.yahoo.com/041013/250/f4gyj.html

LONDON, October 15 /PRNewswire/
LogicaCMG today announced that it has signed an GBP 8.1 million five year contract with EDF Energy in the UK.

The deal covers the delivery of IT services, consultancy and support for two critical areas of EDF Energy's business - the electricity distribution network (the UK's largest), and its back-office SAP systems.

Following a competitive bid, LogicaCMG was selected to provide
applications management and support for all EDF Energy's Networks Branch
business systems. The service is flexible to meet the changing demands of EDF
Energy's electricity distribution network, which serves more than a quarter
of the UK's population.

LogicaCMG will be responsible for controlling, monitoring and
maintaining key network applications to ensure they are always operational
for more than 3,500 staff in the branch.

As part of the deal, LogicaCMG will also be responsible for
all EDF Energy's SAP support requirements across the company. This integrated
back-office software includes the IT systems used to manage Work Management,
Materials and Warehouse Management, Procurement, Finance and HR requirements.

Benefits to EDF Energy include:

- Operational cost savings

- Experienced support of key business critical applications

- Helping to provide a high quality customer service

The key challenge will be in maintaining key applications to
make sure the electricity distribution network is served to the highest
safety standards, ensuring that there is no down-time and making operational
changes to improve service and performance.

Director of IT Andy Hooper said: "A highly reliable
performance is essential when it comes to systems that support the power
distribution network. In effect we are helping to keep the lights on.
LogicaCMG's proposition meets our demanding requirements at a realistic
price.

LogicaCMG's commercial approach is linked to continuous
improvement which means that EDF Energy's payment for services can be made in
inflation-linked instalments in proportion to the company's IT spend over the
period of the five year contract.

Jim Yeats, UK managing director for Energy and Utilities at
LogicaCMG said: "This is a very important win for LogicaCMG and our EDF
Energy client team, which have worked closely with EDF Energy to build strong
relationships and trust - delivering a service that matches the needs of the
customer."


http://www.uk-wire.com/cgi-bin/articles/20041015090000nd037.html

Union Telephone selects LogicaCMGs next generation multimedia messaging infrastructure

19 October 2004

LogicaCMG has secured a contract with Union Telephone Company to deploy its Next Generation Multimedia Messaging Service Centre (MMSC) and Wireless Service Broker (WSB) solutions. These will enable Union Telephones subscribers in Wyoming, north western Colorado and eastern Utah to have access to new value added services such as picture messaging and WAP services.


LogicaCMGs MMSC is a part of its Next Generation Messaging solution, which offers an integrated environment for key data services such as SMS, MMS, WAP and voice and video messaging. The high-performance, high availability solution provides the scalability necessary to maintain the quality of service users expect from MMS services. Critical functions such as transcoding, which ensures an optimum end-user experience by adapting the multimedia messages to different handsets, underpin the high levels of service delivered by LogicaCMG.


Alan Marchant, CIO and director of Billing, Union Telephone, said: Its great to be working with LogicaCMG to deliver a broader range of services to our customer base. Using this technology will enable us to expand our service options across our network, all delivered efficiently and at a high standard. We were already a customer of LogicaCMG and wanted to continue to offer our customers the highest quality and most competitive service offering. The best technology fit and the fact that LogicaCMG has such a strong heritage in the MMS marketplace were key factors in choosing them over the competition.


DeWayne A. Nelon, president of LogicaCMGs telecoms business in North America, said: Wireless carriers achieve significant revenues by providing high-quality MMS services. We are playing a valued role in supporting companies who want to enter and compete effectively in this marketplace. Im very pleased were extending our relationship with Union Telephone Company by providing the ability to deliver further value added services to its customers.


http://www.logicacmg.com/pressroom/press_releases/press_releases.asp?display=detail&id=1030

LogicaCMG wins order from Amsterdam hospital
AFX


AMSTERDAM (AFX) - LogicaCMG PLC said it won an order to implement an electronic patient status system for the Academic Medical Hospital in Amsterdam.

The project is expected to start this month, with full implementation taking about three years. LogicaCMG will use the EMD/EPD software of MI Consultancy for the project.

A spokesman for the company said the order is worth 'millions'.

amsterdam@afxnews.com

cjs/cmr

Institutions have started building on their holdings

http://moneyam.uk-wire.com/cgi-bin/articles/20041020170000P6D48.html

NOTIFICATION OF MAJOR INTERESTS IN SHARES

THE CAPITAL GROUP COMPANIES, INC. 51,367,180 increased to 7.00%
http://moneyam.uk-wire.com/cgi-bin/articles/20041028120000P0E38.html

Phoenix provides a range of managed and network services, data center hosting, systems management, and help-desk services to IT services clients including LogicaCMG (LSE: LOG.L - news - msgs) , IBM (NYSE: IBM - news) , and Syntegra.

In its most recent financial year ended March 2004, Phoenix made an operating profit before amortization of 10.8m pounds ($19.5m), compared to a profit before amortization of 9m pounds ($16.3m) in 2002, on revenue that grew 10.6% to 58.3m pounds ($105.5m), of which 50.6m pounds ($91.6m) was from continuing operations.
http://uk.news.yahoo.com/041028/221/f5gmt.html

Next year end (to be reported) 31 - Dec - 2004

Tuesday November 2, 02:44 PM
LogicaCMG Appoints New International Managing Director for Energy and Utilities
LONDON, November 2 /PRNewswire/ -- LogicaCMG (LSE: LOG.L - news - msgs)

today the appointment of Jim Tapper as international managing director for its energy and utilities line of business. Jim joins from Novera Energy Europe where he was managing director.

At LogicaCMG Jim will be responsible for the strategic direction and solution development of the company's worldwide activities in the energy and utilities sector. In 2003 this sector contributed GBP272 million to the group revenues.

Commenting on his appointment Jim said, "This is an exciting challenge. LogicaCMG has been at the heart of some of the most dramatic changes seen in the energy and utilities sector. I believe that the next few years will see a greater demand for the expertise and experience which the company has developed."

Jim has over 20 years experience in the energy and utilities sector holding senior positions with companies such as Accenture (NYSE: ACN - news) and the International Energy Agency in Paris

http://uk.biz.yahoo.com/041102/250/f5skt.html

Slowly creeping up again we need to break 195 to get things rolling.

Pressroom. Press releases.
Interbrew Germany awards large outsourcing order to LogicaCMG joint venture NordIT

3 November 2004

nordIT, a LogicaCMG joint venture, has expanded its business relationship with Interbrew. The brewery group recently awarded LogicaCMG a five-year contract for the provision of outsourced IT support and consulting services for Interbrew in Germany.


Interbrew Germany comprises the brands Becks, Dinkelacker, Gilde, Spaten and Diebels and is a subsidiary of InBev, the largest brewery company in the world. LogicaCMG, which is among the top 10 European IT service companies, is supporting Interbrew with a service portfolio which includes the integration of various legacy IT systems from recent Interbrew acquisitions. This is one of LogicaCMGs largest individual contracts for outsourcing in Germany.


This contract demonstrates the importance of nordIT and LogicaCMG to Interbrews integration projects. nordIT will take on the hosting of the complete SAP environment and provide computer center services for more than 2500 employees at Interbrew.Key element of the contract will be the provision of consultancy services. In addition, LogicaCMG and nordIT will be responsible for all of the helpdesk services for Interbrew.


LogicaCMG regards this substantial order from the brewery company as an endorsement of its outsourcing capabilities and indication of the success of the IT service companys outsourcing strategy in Germany. LogicaCMGs combination of industry knowledge and technical expertise sets it apart in this market. Outsourcing is one of the fastest growing market sectors for LogicaCMG and already accounts for around 20 per cent of group revenues.


Notes to editors
NordIT is a joint venture set up by LogicaCMG with Interbrew and Stadtwerke Bremen and in 2002 LogicaCMG acquired a controlling interest in the business.

About inBev
InBev is a stock exchange listed corporation (Euronext: INTB) headquartered in Leuven, Belgium. It is one of the oldest breweries in the world, which today is the largest brewery company overall when measured according to sales volume. InBevs strategy is to build strong platforms in the important beer markets worldwide. We value natural growth, first-class efficiency, selected takeovers, and customer orientation. The portfolio includes more than 200 brands, among them Stella Artois, Brahma, Becks, Leffe, Hoegaarden, Staropramen and Bass Ale. The company employs nearly 70,000 employees and is active as a producer in 30 countries in America, Europe, Asia, and the Asian-Pacific rim. In 2003, InBev generated net sales of nearly EUR 9.3 billion (preliminary number from 2003). For additional information, please see www.inbev.com.

Some heavy volumes today.

The Times - Business section
6th November 2004

"Logica-CMG firmed 4p at 193.5p on hopes that the Atlas consortium, of which the computer services group is a member, will secure the eagerly awaited 5 billion outsourcing contract from the Ministry of Defence."

A good contract for Logica-CMG to be involved in!

AMSTERDAM, November 9 /PRNewswire/ --

- Traditional Ringback Tone Makes Way for Music

Vodafone will be the first telecom provider in the Netherlands to
introduce its customers to ringback tones. This new service, introduced by
Vodafone as 'Welcome Tunes', offers mobile subscribers the opportunity of
replacing the usual ringback tone with the latest top-40 hits or sound clip.



Welcome tunes allow a subscriber to change how callers experience
contacting them. Traditionally, a caller hears the standard ringback tone
before the phone is picked up at the other end, but in future, when callers
get through to a Vodafone subscriber, they are more likely to hear music or a
sound clip.. The subscriber can select a tune which can be personalised to
each caller, ensuring that no-one need listen to the traditional ring tone
when making a call again. Subscribers can determine settings of the welcome
tune via either the web or WAP.



As opposed to the popular ring tones, which reside in the handset, the
ringback tone service resides on the network of the telecom provider. There
are no requirements in respect of the handset, and every mobile caller can
use the ringback tones.



Vodafone's Welcome Tunes service is based on the product, MyCaller, from
NMS Communications. LogicaCMG is responsible for the implementation and
maintenance of the solution.



"The fruits of our partnership with NMS have paid off with Vodafone
Netherlands," said Menno Breedveldt, sales and marketing director Telecoms
LogicaCMG in the Netherlands. "We're pleased to be partnering together to
bring a new application to market and believe that the technical excellence
of the MyCaller solution, coupled with our experience working with mobile
operators will deliver true value to Vodafone Netherlands and its
subscribers."



Notes to Editors

About LogicaCMG

LogicaCMG is a major international force in IT services and wireless
telecoms. It provides management and IT consultancy, systems integration and
outsourcing services to clients across diverse markets including public
sector, telecoms, financial services, energy and utilities, industry,
distribution and transport. Formed in December 2002, through the merger of
Logica and CMG, the company employs around 20,000 staff in offices across 34
countries and has nearly 40 years of experience in IT services. Headquartered
in Europe, LogicaCMG is listed on both the London and Amsterdam stock
exchanges (LSE: LOG; Euronext: LOG). More information is available from

www.logicacmg.com

http://www.ukwire.com/cgi-bin/articles/20041109111000NJ058.html

WHAT A RIDE TODAY. finsihed 204ish

LogicaCMG fell back as well after also being downgraded to 'hold' from 'buy' on valuation grounds by Deutsche Bank.

The IT services firm's shares shed 2-1/4 pence at 201- 1/2

THE CAPITAL GROUP COMPANIES, INC. 12 NOVEMBER 2004 Increased stake 8.16% from 7.00%

Monday November 15, 08:06 AM
LogicaCMG Delivers Next Generation Messaging Solution to Bulgaria's Fastest Developing Mobile Operator
LONDON, November 15 /PRNewswire/ --

- Cosmo Bulgaria Mobile EAD - Operating Under the Brand GloBul - Selects LogicaCMG (LSE: LOG.L - news ADVERTISEMENT


- msgs) 's Leading Next Generation SMSC

LogicaCMG announced today it has been selected to provide a Next Generation Short Message Service Centre (SMSC) to GloBul, Bulgaria's fastest developing mobile operator. Once implemented as part of a three-year, EUR1.1 million contract, LogicaCMG's SMSC will enable GloBul to offer its 1.3 million subscribers exceptional SMS service levels, even during peak times when traffic volumes are at their highest.

GloBul has decided to move to LogicaCMG's Next Generation Messaging IP-based SMS architecture in order to have a resilient and robust messaging solution that can cope with increased traffic demands. The LogicaCMG solution offers high quality, uninterrupted SMS services to customers during high SMS traffic times such as Christmas, New Year's Eve and text voting television programmes. LogicaCMG's Business Tools suite alongside the SMSC will also enable GloBul to offer on-line customer care for data services. This enables Globul to undertake service and subscriber targeting from the in-depth analysis of their data usage that Business Tools provides, providing them with a competitive edge in the Bulgarian market.

LogicaCMG's platform offers GloBul a cost-effective solution in every phase of market development, whilst preparing its network to accommodate future service demands. It will support expansion of GloBul's range of value-added SMS and content delivery services to the operator's pre- and post-pay subscribers. The ability to provide these advanced messaging capabilities will unlock new SMS market opportunities for GloBul, increasing potential revenue generation and enabling it to speed the return on investment. In addition, LogicaCMG's Pre-delivery Service Agent - successfully deployed in 2002 - is automatically integrated as part of this deployment and will provide real time rating and charging of all data traffic.

Mr. Stefan Kolev, Switching and Services Director at GloBul Bulgaria, said: "The provision of SMS to our customer base is a critical source of revenue for the foreseaable future. We needed a solution that could perform under pressure at peak times, deliver excellent levels of customer service and thereby protect SMS revenues. We are confident that moving to a LogicaCMG messaging platform will deliver the high perfomance we need to retain and grow our customer base through the provision of the highest quality of SMS."

Chris McDermott, CEO of LogicaCMG's global telecoms business, said: "Our reputation for successful implementation of flexible, robust and scalable messaging platforms has made LogicaCMG the ideal partner for mobile operators to grow their mobile messaging services. We are very pleased to be helping GloBul to take advantage of the growth in mobile services and to maximise their revenue opportunities with our Next Generation SMSC solution."

LogicaCMG's Next Generation Messaging solution offers an integrated solution for key data services such as SMS, MMS, WAP and voice and video services, integrating best of breed modules and applications seamlessly into operator networks. Combined with common components such as rating and charging, customer care, provisioning and management, it provides operators with an open standards, all-IP architecture.

NOTES TO EDITORS

About GloBul

GloBul is the trademark through which Cosmo Bulgaria Mobile EAD offers mobile telecommunication services in Bulgaria. Following commencement of its commercial operation in September 2001, the company develops its activity on the grounds of rich international experience and know-how. The overall investments made by the company so far exceed EUR 500 million.

Within the three years of its operation GloBul has covered 98% of the population and 83% of the territory of Bulgaria and has established 247 roaming agreements with partners in 115 countries all over the world. GloBul's customer base already exceeded a number of M 1,3 and this number is constantly growing. This ensures the company a reputation of one of the fastest developing operators in Europe.

The company has developed an extensive and flexible distribution network. Its products and services are offered in more than 450 commercial outlets in the entire country. GloBul's official agents are Germanos, Office 1 Superstore, GlobalNet and Da, da. In addition, the company has a network of 24 exclusive shops and works intensively for its expansion.

Over 700 highly qualified employees with considerable professional experience and work motivation works for GloBul at present. The company is driven by the principle that professionalism, respect to the client, market broadening and constant high quality of services offered are the keys towards achieving trust, correctness and respectability in its relations with clients. GloBul's aspiration is to continue to offer its clients high quality, accessible, straightforward and human mobile communications. More information is available at www.globul.bg

About LogicaCMG

The Questor column
Edited by Harry Wallop (Filed: 13/11/2004)

You'll need plenty of courage to run with the Logica bull

This time last year life at LogicaCMG was all about job cuts. Formed by an Anglo-Dutch merger in 2002, the computer services giant was in the midst of a redundancy programme aimed at squeezing costs.

Fast forward to today and chief executive Martin Read is hiring aggressively in the UK and the Netherlands as order books begin to swell.

So bullish is Mr Read that he wants to double the size of the business over the next half decade.

He has form. The company's market value of more than 1billion represents an almost tenfold increase on Logica's worth when he arrived from Marconi in 1993.

It's been a bumpy ride and the combined shares are worth a fraction of the price they fetched during the dotcom craze, when Logica and CMG's text messaging technology set investors salivating. Those who bought then are nursing painful losses but the lucky few who got in at the start of 2003 and sold in December last year, as Questor recommended, trebled their money. Since then, the shares have drooped - they were back down at 196.5p this week - but prospects have improved. The UK business is seeing shoots of recovery in the financial and utility sectors.

In Germany, business is still tough and 300 job losses should generate 17m of annualised cost savings.

The wireless business that made the company famous has failed to replicate its SMS success in the world of picture messaging but Mr Read is confident it can return to a small profit at the March year end.

Trading on 15 times forecast earnings for 2005 and yielding 3pc, the shares are at a small discount to the sector and are worth a look if you're feeling brave.


http://www.money.telegraph.co.uk/money/main.jhtml?xml=/money/2004/11/13/cxquest13.xml&menuId=242&sSheet=/money/2004/11/13/ixfrontmarkets.html

Big boys may want to buy them cheap that is why they downgraded them.

LogicaCMG wins 7-yr order from Amsterdam VU university
AFX


AMSTERDAM (AFX) - LogicaCMG PLC said it won a 7-year order from Amsterdam's VU university to implement SAP Payroll and a salary processing system for 3,800 employees.

A spokesman for LogicaCMG said the contract was worth around 1 mln eur.

He noted the order was of important strategic value as it combines outsourcing salary processing with payroll systems, and said LogicaCMG hopes to sign several more similar orders in the future, primarily in the Netherlands.

amsterdam@afxnews.com

ls/jlw

LONDON, November 16 /PRNewswire/ --

LogicaCMG today confirmed its biggest
ever outsourcing deal in Australia
with Integral Energy, the second largest electricity supply company in New
South Wales (NSW), serving around 820,000 homes and businesses.

Under the new deal LogicaCMG will take over the management and support of
Integral Energy's IT infrastructure and applications for the next four years.

Commenting on the contract Greg Forbes, head of LogicaCMG's energy and
utilities business in Australia said, "This is a milestone agreement for us
in the Australian energy and utilities market and secures our position as the
dominant provider of IT services to this sector."

"We believe that the relationship with Integral Energy will prove to be a
long and mutually beneficial one. The shared ambition and commitment to
excellence of both companies will ensure a sucessful outcome."

Jim Tapper, the international head of LogicaCMG's energy and utilities
business, said, "The strength and depth of sector knowledge which LogicaCMG
has in this area puts us in a unique position. This kind of expertise is
helping to drive our energy and utilities business worldwide."

LogicaCMG has recently extended contracts with both Aurora Energy in
Tasmania and Eraring Energy in NSW.

NOTIFICATION OF MAJOR INTERESTS IN SHARES THE CAPITAL GROUP COMPANIES, INC. Increased stake further to 67,843,957 (9.0%)

Thursday November 18, 07:02 AM
LogicaCMG Supplies Digital Tachograph Reading System
AMSTELVEEN, The Netherlands, November 18 /PRNewswire/ --

- Combining Smartcard, Verification, Identification and Mobile Technology

LogicaCMG (LSE: LOG.L - news ADVERTISEMENT


- msgs) and the Dutch Transport Inspectorate (Inspectie Verkeer en Waterstaat - IVW) have signed an agreement for the development and deployment of a digital tachograph reading system. The tachograph, which is installed in all lorries and buses, is the tool for monitoring the mandatory periods of driving and breaks for coach and truck drivers. The system to be created is called DIANTA and supports IVW inspectors reading digital tachographs. European legislation states that inspectors should be able to obtain digital readings from tachographs from August 2005.

IVW makes a contribution to the improvement of safety in national and international transport of goods and passengers. Using its powers of enforcement, monitoring and tracing IVW aims to increase road safety, achieve fair competition conditions, and improve social conditions in the transport industry. DIANTA will be developed to assist IVW inspectors in the field, by enabling them to read digital tachographs, to record data from analogue tachograph discs, to plan and justify time and to record inspections.

Like the current analogue version the new digital tachograph will register and record driving and break periods, speed and covered kilometres. With the digital tachograph this can be done more efficient and it is in addition less sensitive to fraud.

The inspectors will be equipped with tablet PCs from FujitsuSiemens. A smartcard is used to connect these tablet PCs to the tachographs that have been built into the vehicles to be inspected. Inspectors may use the application both online and offline, enabling them to always process or consult the latest information. With this solution, inspectors can make on-site inspections and take appropriate action.

The technical solution is based on the client/server concept, using mobile communication via GPRS, while the use of a smartcard guarantees a high degree of safety. To ensure smooth communication between the various application layers, the system uses a middleware solution by Aventeon.

Haye Mensonides, Managing Director Public Sector of LogicaCMG in the Netherlands said "This development will help the IVW perform its inspections with greater ease and accuracy. It is a solution which can be easily deployed around Europe to meet the new EU regulations."

NOTES TO EDITORS

About LogicaCMG

http://www.uk-wire.com/cgi-bin/articles/20041122080000ni027.html

LONDON, November 25 /PRNewswire/ -- LogicaCMG will showcase its mobility
telematics services and solutions at
the EU Road User Charging Conference 2004, Tuesday 30 November and Wednesday
1 December 2004 in London.



Anne Tip, principal consultant in mobility telematics at LogicaCMG will
give a presentation entitled `Interoperability and Integration: getting to
the benefits' at 14:40 GMT on 1 December 2004. The presentation will focus on
streamlining back office processes and functions for transparent road
pricing.



LogicaCMG has been involved in road pricing projects since 1990, working
on projects for the National Road Authority of Ireland and the Asfinag, the
Austrian highway concessionaire - among many others. LogicaCMG has
demonstrated its road pricing expertise through its work on the `active road
management assisted by satellite' (ARMAS) project for ESA. Due for launch in
2005, LogicaCMG, together with Skysoft, will demonstrate a road user charging
scheme supported by global navigation satellite systems.



Notes to Editors

About LogicaCMG

LogicaCMG is a major international force in IT services and wireless
telecoms. It provides management and IT consultancy, systems integration and
outsourcing services to clients across diverse markets including public
sector, telecoms, financial services, energy and utilities, industry,
distribution and transport. Formed in December 2002, through the merger of
Logica and CMG, the company employs around 20,000 staff in offices across 34
countries and has nearly 40 years of experience in IT services. Headquartered
in Europe, LogicaCMG is listed on both the London and Amsterdam stock
exchanges (LSE: LOG; Euronext: LOG). More information is available from

www.logicacmg.com

http://www.uk-wire.com/cgi-bin/articles/20041125125800nq568.html

November 25, 2004

UK-based services company LogicaCMG has picked Melbourne for a new systems monitoring facility that will support its outsourcing clients in more than 30 countries.

The mid-tier outsourcer will staff the centre with 20 new positions in a move that Victorian IT Minister Marsha Thomson touted as a "multi-million dollar investment boost" for the state's technology industry.

"The time difference between Victoria and Europe offers unique opportunities - while Europe sleeps we can be working to deliver ICT solutions," Ms Thomson said. "The combination of our European heritage, our location in the Asia Pacific region and our strength in ICT gives Victoria a set of insights ... that is unique in the world."

LogicaCMG has consolidated its global support operations in two countries -- Australia and the the UK -- and will use the Melbourne monitoring centre and its existing helpdesk facility in Hobart to support its operations worldwide.

"In terms of capabilities, efficiency and maturity, Australia measures very well against other Logica locations," a company spokesman said.

The decision to opt for Melbourne comes as LogicaCMG continues to build its links with NSW, picking up its biggest-ever outsourcing contract with utility Integral Energy earlier this month.

The four-year deal will see LogicaCMG take over responsibility for Sydney-based Integral's infrastructure and applications.

LogicaCMG's energy and utilities business recently re-signed existing contracts with NSW's Eraring Energy and Tasmania's Aurora Energy.

Australian IT

http://www.news.com.au/common/story_page/0,4057,11495635%255E15316,00.html

Telefónica Móviles Selects Mobile Communities From LogicaCMG
LONDON, December 1 /PRNewswire/ -- LogicaCMG (LSE: LOG.L - news - msgs) today announced Advertisement

that it has been selected by Telefónica Móviles España (TME), the leading operator in the Spanish market, to provide a Community Solution infrastructure. The solution will support Telefónica Móviles' strategy to provide advanced and value added mobile messaging and community building services to its 18.7 million customers in Spain.

LogicaCMG's solution, including Colibria Communities software, will equip Telefónica Móviles España with a flexible and scalable platform for community services. The platform supports and integrates messaging services and applications in addition to Communities, i.e.: Instant Messaging, Chat and Presence, creating an open platform for the operator's future messaging strategies.

Mobile Communities is a strategic market for operators aiming to provide more innovative and integrated mobile services, which will enable new communication capabilities to friends, families, professionals and people with common interests. Users can create their own mobile communities for other users to participate in, with tools such as diaries, content sharing to groups (like pictures and photos), alerts on SMS and MMS, and search functionality that include both people and other communities. Research by Baskerville[1] estimates that the global Mobile Communities market will be worth US$ 9.2 billion by 2006.

Interconnection with other operators may be achieved by means of industry standards protocols from OMA, GSMA and others. TME, LogicaCMG and Colibria are actively working to enhancing existing protocols to enable new compelling -standards based- services and promoting integration between operators and service providers to make them more successful.

Álvaro Plaza, Managing Director LogicaCMG's telecoms business in Iberia said: "Mobile Communities and Instant Messaging services have enjoyed great success on the desktop for both business and personal use, becoming a core communication tool for many. Making this service mobile opens up a myriad of new revenue-generating opportunities for network operators. Our mobile messaging expertise, combined with Colibria's mobile software solutions, will provide Telefónica Móviles España with a solid platform to capitalise on these opportunities. We view this as an important next step in our relation with Telefónica Móviles with whom we share 10 years of messaging success."

http://uk.biz.yahoo.com/041201/250/f7nq7.html

Looking strong this morning. Should be testing 200 again soon

I think there will be a trading update tomorrow.

Analyst meeting on IFRS tomorrow as well.

LogicaCMG plc: Analyst Briefing

LogicaCMG plc is today holding a briefing session for analysts in London. The
briefing will contain no new trading information. The supporting presentation
will be available on the company's website at

LogicaCMG will issue regular trading updates on
entering close periods. Accordingly, the company will make a close period
statement on Tuesday 18 January 2005 which will be released to the London Stock
Exchange at 0700 hrs (0800 CET for Euronext in Amsterdam). The full results for
the 12 months to 31 December 2004 will be announced on Wednesday 2 March 2005

Friday December 10, 06:45 AM

Phoenix Reports 43% Revenue Growth
ComputerWire Staff

Support services vendor Phoenix IT Group Plc has reported strong growth in revenue for the first half of its financial year.

Announcing the companys first results since its flotation on the London Stock Exchange (LSE: LSE.L - news) last month, the Northampton, UK-based company reported a 10.5% increase in net profit to 4.2m pounds ($8.1m) on sales that rose 43% to 41.5m pounds ($80m) in the six months ending September 30, 2004.

This growth was partly attributable to the acquisition of Trend Network Services in March, which added 19m pounds ($37m) in annual revenue, putting it on course to top the 100m-pound ($193m) mark in the full-year period.

Both Phoenix and Trend make the bulk of their revenue by acting as sub-contractors to larger services providers such as LogicaCMG (LSE: LOG.L - news - msgs) and BT Global Services, which lack large numbers of onsite break/fix engineers and helpdesk support staff, and are less inclined to take on lower-margin work.

Phoenix (Xetra: 603100.DE - news) announced a new contract with LogicaCMG at the end of March to provide desk-side support on the latters 20m pound ($39m) deal with the British Council. This helped to drive organic services revenue growth of 11% to 39.9m pounds ($77m) during the first half. Phoenix said its order book stood at 108.2m pounds ($209m) at the end of September.

Phoenix also secured a large UK-based subcontract with an Indian offshore services company, and said it is also pursuing future deals with business process outsourcing vendors.

The companys small French operation made an operating profit of 56,000 pounds ($108,000) compared to a loss of 22,000 pounds ($42,000) in the year-ago period, on sales that grew 10.3% to 1.3m pounds ($2.5m).

LONDON, January 5 /PRNewswire/ --

LogicaCMG today announced that it has won the contract to set up the
Czech national emissions registry, a mandatory part of Czech compliance with
the EU Emissions Trading Scheme (ETS). Completion of the implementation phase
will be rapid - with a deadline of the 1st March 2005. LogicaCMG has already
set up, and continues to operate, a similar registry in New South Wales,
Australia.



Under a five year deal running until the end of 2009, LogicaCMG, together
with subcontractor Soluziona, will implement and operate the IT for the
national emissions registry from its data centre in Prague. The emissions
market will be supervised by Czech environmental ministry, which has made the
Czech electricity market operator (OTE) responsible for the infrastructure of
this market. LogicaCMG is a long term technology partner of OTE.



Market participants will access the LogicaCMG implemented solution
through the Internet. This solution will cover all necessary functions,
including allowance registration, transactions registration and settlement
and approval workflow, as well as communication with other European systems.



All of the other EU member states will require similar solutions to set
up and operate their national registries. Additional registries will be
needed outside the EU, given that the Kyoto Protocol is due to come into
force in February 2005. LogicaCMG also helps individual companies to
cost-effectively comply with the EU ETS through its EMISSIONS logic software,
developed with environmental specialist CarbonSim.



Miroslav Marvan, general manager, Operor trhu s elektrinou, a.s. said:
"We selected LogicaCMG because of their excellent track record in delivering
mission critical projects within demanding timescales. This ability was also
confirmed by our experience from launching the electricity market. I am
convinced we will benefit from their knowledge of emissions trading processes
and solutions as well."



Jim Tapper, managing director, energy and utilities international line of
business, LogicaCMG commented: "We are delighted to have been selected to
implement a national registry solution for the Czech Republic. We are
committed to helping our clients - be they registry operators or individual
companies - to cost-effectively manage compliance with the EU Emissions
Trading Scheme."



Petr Hl, managing director, industry and utilities at LogicaCMG in the
Czech Republic added: "I am fully convinced that this project will be as
successful as the implementation of the core electricity market system which
LogicaCMG built for OTE. Czech companies now have a unique chance to benefit
from the ETS by selling some of their allowances. However, to do this, they
need to implement new processes, organisational changes and IT solutions. We
are ready to help them through both our consulting capacity as well as our IT
skills."

http://www.ukwire.com/cgi-bin/articles/20050105080000N9006.html

tradings statement due on the 18th. any views?

7 January 2005

LogicaCMG Finalises Acquisition of Controlling Interest in Edinfor in Portugal

- Acquisition of controlling stake in leading Portuguese IT services provider

- Outsourcing contract with Energias de Portugal worth Euros 510 million over
10 years

- Strengthens global energy and utilities business

LogicaCMG announced today that it has concluded an agreement to acquire a 60%
controlling interest in Edinfor SA, the IT business of Energias de Portugal
(EDP), with arrangements that purchase the remaining shares. Based on an
Enterprise Value of Euros 135 million, LogicaCMG will pay Euros 81 million (GBP
57 million) in cash on completion, expected to be in early 2005 following
clearance from the competition authorities. LogicaCMG expects the addition of
Edinfor to be modestly earnings accretive in its 2005 financial year.

As part of the transaction, LogicaCMG has signed a contract with EDP worth
Euros 510 million (GBP 359 million) to provide IT outsourcing services for ten
years. Additional IT resources will be provided to EDP on an ongoing basis
under a preferred supplier framework agreement.

The minority interest is the subject of a put/call option, exercisable by EDP
after two years and by LogicaCMG after four years. The ultimate consideration
is dependent on the performance of the business and is subject to a floor and a
cap.

Edinfor is one of the largest IT services providers in Portugal and has
operations in Spain and Brazil. It employs some 1,300 people who deliver
solutions across a wide range of industries, in addition to energy. Edinfor
will benefit from LogicaCMG's international profile and proven methodologies
and will become part of LogicaCMG's global delivery organisation.

The total adjusted net assets acquired are expected to be approximately Euros
80 million (GBP 56 million). Earnings before interest, tax, depreciation and
goodwill amortisation (EBITDA) for the year ended 31 December 2003 was Euros
34.1 million (GBP 24 million), giving an operating margin of 5%. Revenue for
2004 is expected to be around Euros 175 million (GBP 123 million).

The partnership with EDP provides a platform for growth:

- One of the largest outsourcing contracts awarded over the last year in
mainland Europe and a powerful reference point for winning new contracts

- Strengthens LogicaCMG's position in energy and utilities, one of its key
market sectors

- Edinfor is a leading Portuguese IT company with scope for expansion in Spain
and in South America from its significant operation in Brazil

- Edinfor is an additional nearshore resource for the LogicaCMG Group, with a
major data centre and skills including SAP consultants, which can be deployed
on cross-border projects.

The current structure of the Edinfor business - including an up to date
technical, commercial and support infrastructure - will be largely retained.
Jim Yeats from LogicaCMG will become chief executive, reporting to Jim McKenna
on the LogicaCMG Group board. Jim Yeats was most recently managing director of
LogicaCMG UK's energy and utilities division.

Commenting on the transaction, Dr Martin Read, LogicaCMG's Chief Executive,
said:

'We look forward to working with EDP to deliver excellent services that enhance
both their business and that of Edinfor. The deal reflects LogicaCMG's
strengths in energy and utilities and in outsourcing, significantly broadening
the propositions we can take to our customers across the group.'

LogicaCMG signs 510 mln eur outsourcing contract with Portugal's EdP
AFX


LONDON (AFX) - LogicaCMG PLC said it has signed a 510 mln eur outsourcing contract over 10 years with Energias de Portugal as part of a deal which also sees Logica acquire a controlling stake in Edinfor from EdP.

Logica said last October that it was buying 60 pct in Edinfor, an IT servcies provider, from EdP. It said today it will pay 81 mln eur for the stake.

bam

http://www.uk-wire.com/cgi-bin/articles/20050111090000NI137.html

http://www.uk-wire.com/cgi-bin/articles/20050111090800NI616.html

LONDON, January 12

Comptel Corporation, leading convergent
mediation and provisioning
software vendor and LogicaCMG, have delivered Comptel EventLink(TM)
convergent mediation solution to T-Mobile subsidiary T-Hrvatski Telecom
(T-HT) in Croatia.



Comptel EventLink(TM) will ensure reliable, flexible and centralised
collection of subscriber usage data from the entire operator's network, and
will transmit the processed data further to operators' business support
systems such as interconnect billing.



"The delivery to T-Hrvatski Telecom continues our close co-operation with
the T-Mobile Group. With a robust mediation solution the operator is better
prepared also to welcome the new business models with emerging non-voice
services," said Markku Penttinen, Executive Vice President, Account
Management, Comptel Corporation.



"This project for T-HT is another demonstration of the benefits of our
long term relationship with our clients. Both companies have strengthend
their positions in the telecoms markets in Central and Eastern Europe.
LogicaCMG as the leading systems integrator and Comptel as a leading software
vendor," stated Rert Sdor, managing director for Slovakia, Hungary and
the Balkans at LogicaCMG.

http://www.uk-wire.com/cgi-bin/articles/20050112070000ng715.html

LONDON, January 14

LogicaCMG celebrates critical role pushing IT to the limit in
successful Cassini-Huygens mission to Saturn

LogicaCMG today received confirmation that the European Space Agency
(ESA) Huygens space mission to Titan (one of Saturn's moons), has been a
success, breaking new boundaries in IT endurance and demanding total
reliability in a hazardous environment.

The aim of the mission was for the Huygens probe to conduct scientific
experiments on the atmosphere of Titan, which is thought to be similar to
that of Earth several billion years ago, and thus give new insights into
theories on the formation of the Earth and how life there may have developed.
LogicaCMG's software has been supporting the Huygens probe throughout its
journey, controlling both the flight software and the communications back to
Cassini. As scientific data and images are captured, the link can then relay
information back to Earth. The most critical part of the mission was during
the descent when the heat shields needed to be removed and the parachutes
opened. The software executed a number of algorithms to measure the
atmospheric deceleration and calculate when to release the parachutes and
other equipment to high precision - less than a second for the main
parachute.

Thorough and regular testing of the software was crucial to the success
of the mission, both before and during its seven year flight to Saturn.
Rigorous trials were carried out on the software, with the ultimate checks of
the Huygens probe software being completed successfully over a 3 hour period
on 23rd December 2004.

Jim McKenna, chief operating officer at LogicaCMG said: "This has set new
standards not only in space science and international collaboration, but also
in developing IT that is robust enough to withstand such challenging
environments. The ground breaking mission has taken information technology to
a new frontier and is further proof of LogicaCMG's technical excellence in
the space industry. There is no better way to demonstrate mission-critical,
industrial strength IT solutions. We look forward to continuing our
successful long-term relationship with ESA on other programmes which need
such high reliability IT solutions, such as Galileo."

http://www.uk-wire.com/cgi-bin/articles/20050114201800NU867.html

Logica trading in-line
MoneyAM
Software and IT services group, LogicaCMG, said trading in the second half of last year was in line with expectations.

Results for 2004 would come within the range of current market forecasts, Logica said.

The current consensus forecast is for full-year sales of 1.65bn and earnings before interest taxation and amortisation of 112.6m.

In a pre-close trading update, LogicaCMG said turnover at its IT services division rose in the second half of 2004, bolstered by good performances from its UK and Benelux units.

At its Wireless Networks division, which develops software for the mobile phone industry, December sales were, as usual, strong. This seasonal uplift, coupled with a 'successful' cost reduction programme, meant the Wireless Networks unit would deliver a full-year operating result 'a little ahead of breakeven', said LogicaCMG.

Profits margins had remained strong in the UK IT services business, although margins in the Benelux regions slipped 'slightly' due to rising costs associated with bidding for new contracts.

Turning to its underperforming German IT services business, LogicaCMG said turnover had been 'stable' in the second half as it implemented a cost-cutting plan.

But it warned that second-half trading at its French unit, another area of concern for investors ahead of this morning's trading update, was 'disappointing' as LogicaCMG continued to restructure the business.

Looking ahead, LogicaCMG said a recently signed IT services contract with Energias de Portugal, in addition to good order intake in the second half of 2004, had given it a 'good platform' to build on in 2005.

LogicaCMG solid but dull
Published: 14:08 Tuesday 18 January 2005

LogicaCMG has fared slightly better than expected for the year to December but a lack-lustre trading update left the shares in negative territory.

The 1.4 billion IT services company said trading in the second half developed in line with its expectations and it should be within market estimates for the full year. Analysts are looking for around 1.6 billion of sales and 99 million profit.

Shares (LOG) fell 7p to 186p.

George OConnor, an IT analyst at Shore Capital said: The key messages from LogicaCMG's pre-closed statement are better than expected with H2 trading in line with expectations and the full year will be within market estimates. He has a hold recommendation on the stock.

The UK business performed well and maintained its strong first half margins. This is in line with what finance director Seamus Keating told Citywire back in June, namely that there was 'more happening' than there had been for the past three or four years, and that more projects were being considered
In Germany, the company said it had successfully implemented its planned cost reduction plan and second half revenues had been held stable. Again, Keating said in June that it would be perfectly possible to run a slimmed down operation in Germany.

France was a disappointment however, particularly in the second half, with markets remaining difficult. One problem for LogicaCMG is that in the UK, outsourcing is a big driver for growth, whereas France and Germany are not really ready to adopt the outsourcing model on any major scale.

Wireless networks, which is the part of LogicCMG that gets most of the media attention these days, saw a normal seasonal uplift in the second half and achieved good licence sales in December ahead of the Christmas/New Year peak demand. After continued cost cutting, the wireless business came in a little better than breakeven.

As Keating said last year, this business has a major affect on sentiment, while in reality accounting for only some 15% of total revenues.

Chief executive Martin Read said there was good order intake last year that carried over into the second half. The company signed a contract with Energias de Portugal earlier this month, and Read said: We start 2005 with a good platform from which to take our business forward.

It is always disappointing when the company is not available to talk directly about its trading update, but a LogicaCMG spokesman told Citywire that the company had nothing to add. It will announce the results on 2 March.

There would appear to be little to hide but little to shout about in todays update, hence the shares coming off a bit.

We said in June at 177p that LogicaCMG looked a pretty solid business with a dividend yield of around 3.3% and with steady but not wildly exciting growth prospects. We said it was therefore worth a hold, and that the wireless potential added spice, if greater volatility with it. The same still applies.

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=71387&MenuKey=News.Home&NewsPage=3

AMSTERDAM (AFX) - LogicaCMG PLC said it has won a contract worth 1.3 mln eur to manage Hagemeyer's e-commerce platform Maintenance, Repair and Operation "MRO4all", for a period of two years.
Nine Hagemeyer workers will transfer to LogicaCMG, the company said.
MRO4all is Hagemeyer's internet sales and acquisitions platform for
maintenance, repair and operation products in the Netherlands, Germany and North America

how logica is faring from here on azhar

LogicaCMG wins contract with Maxis to deliver next generation 3G video solutions in Malaysia

14 February 2005

LogicaCMG and Maxis Communications Berhad (Maxis), Malaysias leading telecommunications company, jointly announced today at the 3GSM World Congress 2005 in Cannes, France, that they will deliver Next Generation video mail and video portal services on the operators new UMTS network. Maxis will be the first mobile operator in the Asia region to launch 3G video services, with Maxis subscribers being able to use the service from mid 2005 onwards thanks to the uOneTM platform deployed by LogicaCMG. LogicaCMGs uOne is a cost effective VoIP-based, e-mail-centric, video/voice value-added service platform.


Maxis commands over 40 percent of the mobile market share, making it the market leader in Malaysia. These new innovative video services implemented by LogicaCMG, are expected to attract many subscribers to its upcoming 3G offering.


Videomail is the visualised version of the traditional voicemail in the 3G network. It allows an unanswered video call to be terminated within LogicaCMG's uOne platform. The calling party will hear a personalised video greeting from the called party, and be given the opportunity to record a video message. When a video message is recorded, the called party will be notified via various mechanisms like SMS, MMS, WAP or e-mail. Subscribers are then able to retrieve the deposited message via a video call or choose an alternative delivery such as MMS, e-mail or even via a web browser.


LogicaCMGs video portal is a video content delivery application built on top of the IP-based uOne platform. It delivers portals services to video callers and navigates them by using a menu structure. The content, either statically stored within the platform or dynamically loaded from external content providers, is tailor-made by Maxis to maximise its 3G content services.


Boudewijn Pesch, managing director for global telecoms of LogicaCMG in Asia, said, uOnes leading edge design, unique architecture, sound track record and a wide selection of plug-and-play applications makes our solution the best choice for innovative operators like Maxis. As subscribers become more technically savvy, the challenge is for mobile operators to stay ahead of the curve by launching new services to enhance the users experience. Our videomail service enables the seamless termination and completion of 3G calls, and we expect to see further take-up of such services as operators look to maximise their return on investment.


Edward Ying, chief operating officer of Maxis, As Maxis moves into the next era of mobile communications, we want to be able to further enhance the way people work, play and communicate. We are confident that the 3G videomail will make the experience of mobile communications more fun and compelling for our customers, and we are glad to be working with LogicaCMG to make 3G a closer reality.

BANGALORE, India (AFX) - Technology services company LogicaCMG PLC said it will hire 1,000 people for its Indian outsourcing operations this year, making it the fastest growing unit of the company.
Martin Read, group chief executive, said its unit in India will have 2,200
employees by the end of this year.
He said the additional employees will support its outsourcing growth plans
and the South Asia operations.
One-third of the firm's revenues will come from the outsourcing sector and
LogicaCMG is "considering starting high-end business process outsourcing
functions in India",

LONDON, February 16 /PRNewswire/ --

LogicaCMG today announced at the 3GSM
World Congress in Cannes, France,
that it has launched an innovative new mobile music solution that will help
mobile operators to capitalise on this booming market.



In 2004, 200 million songs were bought online in Europe and the US, ten
times more than the year before, and sales generated by mobile music
downloads amounted to more than USD 3.1 billion. With the LogicaCMG solution
installed on a mobile operator's network, subscribers can use their mobile
handset to identify, download and pay for music and other multimedia content,
such as music video clips.



When users hear a favourite song played on the radio or a stereo, for
example, they simply point their handset toward the source of the music and
the mobile service will immediately identify the tune. The subscriber then
has the option to download a sample of the tune as a ring tone for their
mobile handset, or to purchase the entire song in MP3 format. A picture of
the artist as a background image for the display screen is also offered,
along with a subscription service to purchase other songs from the music
charts. LogicaCMG has trialed the new solution with several mobile networks,
including O2 Germany, which has been successfully using it as the basis for
its `Musicspy' music recognition service for more than a year.



Chris McDermott, CEO of LogicaCMG's telecoms business, said: "The mobile
music market is really going to take off in 2005 and we expect to see the
success of today's iPod business will rapidly extend to music downloaded to
mobile phones. The potential for network operators worldwide to generate new
revenue streams from it is enormous. The boom in mobile music is yet to come
and our technology solutions will make it easy for operators to make a head
start on this opportunity."



The music recognition technology used by LogicaCMG is supplied by the
Fraunhofer Institute for Digital Media Technology (IDMT), which also
developed the MP3 format. LogicaCMG's solution supports all mobile
communication channels, including SMS, MMS, WAP, streaming and voice portals.
Consumers are able to use voice control to select and purchase digital
content via a speech dialog system. Real time transcoding ensures that the
content is customised and compatible to the recipient's mobile device.
Digital rights management (DRM), which is of such importance to the music
industry, is also supported by LogicaCMG's solution as it complies with the
Open Mobile Alliance's (OMA) DRM standards 1.0 and 2.0.



LogicaCMG also supplies the link to billing systems along with the music,
making it easy for network operators to tap into additional sources of
revenue. An object-oriented framework facilitates integration into the
existing business processes. Content from different providers can be bundled
into a single offering.



http://www.uk-wire.com/cgi-bin/articles/20050216104900nh794.html

LogicaCMG wins 5 year contract to support ground control facilities for the European Space Agency

17 February 2005

LogicaCMG has been awarded a five year framework contract to support the European Space Agencys (ESA) ground control facilities until 2009 the sixth successive contract since 1980 which will extend LogicaCMGs role at the European Space Operations Centre (ESOC) to 30 years. The new framework contract covers a broad range of support activities adding spacecraft simulators and ground station software to the mission control systems covered by LogicaCMGs previous contracts.


Within this new framework arrangement, ESA has selected LogicaCMG to supply one of the initial key packages of work - the 1 million upgrade to SCOS-2000, ESAs mission control system.


Jean-Franis Kaufeler, head of ESAs ground systems engineering department, at ESAs operations centre, ESOC, in Germany noted that: SCOS-2000 has been built upon the knowledge gained from more than 30 years of satellite operations at ESOC. LogicaCMGs past performance has given ESA confidence that the new version to be developed under this contract will maintain and enhance SCOS-2000s position as the mission control system of choice for commercial and scientific satellites.


Steve Smart, director of LogicaCMGs space division in the UK commented that LogicaCMG has a long standing and strong relationship with ESA and looks forward to continuing this partnership. We are keen to use this contract to create new solutions that benefit from the economies of scale of the contracts broader scope, and to market ESAs leading ground station technology to our other space clients.


LogicaCMG has established an exciting international team to address the broad scope of IT systems of this contract. Specialist experience will be provided by CapGemini (France) in ground station technologies, by Dataspazio (Italy) in simulators and mission control systems, and by Deimos Space (Spain & Portugal) in mission planning and other systems.

Advanced computer systems to control ESAs missions high resolution version available from ESA web site at:

http://www.esa.int/export/externals/images/estec-photo-archive/715.jpg

LONDON, February 22 /PRNewswire/ --

- Five Year, GBP2million Outsourcing Deal Makes LogicaCMG the Preferred
Payroll Supplier for Central Government



LogicaCMG has announced today that it has won a new five-year,
GBP2million deal from the Department of Trade and Industry (DTI) to provide
semi-managed payroll services. The deal includes implementation of ePayfact,
LogicaCMG's proprietary payroll system, which will allow the DTI to view
detailed payroll management data, including legal reporting.



The programme, which will issue payslips annually to 9,000 employees
working across six different payrolls, acts in alignment with the UK's
e-Government modernisation programme. As part of the semi-managed service,
LogicaCMG will deliver change management and training to end-users within the
DTI .



The programme was secured under the HM Treasury Framework Agreement,
LogicaCMG's exclusive agreement to provide payroll services to a variety of
government departments and agencies. By utilising the Framework, the DTI will
benefit from economies of scale, since pricing and service contracts are
pre-negotiated for all organisations under the agreement. It will also allow
the DTI to significantly reduce its procurement process, saving time and
legal costs.



Rosemary Heyhoe, Director HR Operations at the DTI says, "With ePayfact,
LogicaCMG provides central government with a powerful payroll solution that
has a proven track record in the public sector. LogicaCMG was able to deliver
the system within a very tight timeframe - the system is already operating at
one of our agencies, The Patent Office, and the full roll-out will be
completed by the end of February 2005."



"This implementation is part of the DTI's wider e-HR programme,"
continues Heyhoe, "and in that respect, ePayfact will help facilitate future
employee self-service operations such as sick reporting and on-line requests
for pay advances for season tickets and the like. Another good example of
where the LogicaCMG system will remove unnecessary processes is in the
planned implementation of a module whereby managers will be able to directly
input staff overtime information - a great time-saver."



Gary Austin, managing director, enterprise services at LogicaCMG UK
commented, "As a result of this and other recent contracts, LogicaCMG is now
the largest supplier of outsourced payroll systems to UK central government,
with a total of 62 customers representing 125 organisations and 232,000
employees. This is a further proof-point demonstrating LogicaCMG's expertise
in the implementation and management of outsourced payroll systems."



http://www.uk-wire.com/cgi-bin/articles/20050222090000nr194.html

LONDON, February 23 /PRNewswire/ --

Five Year Partnership to Deliver Complete Systems Modernisation
Programme



LogicaCMG announced today an GBP8 million, five-year managed service
contract with the London Borough of Barnet to provide a new integrated IT
system. This will support a number of key back-office processes including
finance, procurement, asset management, HR and payroll.



The new enterprise system, built on the mySAP Business Suite, will reduce
the council's number of legacy systems whilst introducing best practice
processes. The programme is expected to deliver significant benefits through:



Increased cost savings - achieved through more effective methods of
procurement. Ninety percent of all purchases will go through the new SAP
system, providing better tracking and control, purchasing power, economies of
scale and reduction in resource required for processing.



Improved data quality - due to reduced re-keying of data

Improved management reporting - transparency and personal accountability
throughout the authority



Increased efficiency - by automating some administrative tasks and
allowing employees to focus on the council's stated objective of "Putting the
Community First". For instance, in the finance system, LogicaCMG is targeted
to reduce the time taken to close an account from three months to eight
weeks.



Improved financial controls - allowing Barnet to set targets more
effectively, control spending and reduce risk.



The programme, which comes as part of an ambitious internal change
programme, "Modernising Core Processes", also covers support and training for
all staff to allow them to maximise the benefits of the system.



This deal is the latest in a string of public sector wins announced by
LogicaCMG. All have been secured under its Local Government Framework
agreement which helps councils like Barnet meet e-Government requirements on
efficiency, and achieve value for money through economies of scale in
procurement.



Cllr Mike Freer, Barnet Council's cabinet member for Performance,
Partnerships and Best Value says, "The contract awarded to LogicaCMG is one
of the biggest projects that the council has undertaken. It is a further step
towards modernising Barnet Council and making it a businesslike borough that
manages its resources efficiently and effectively enabling it to provide
excellent services to local people.



"LogicaCMG have an excellent track record in delivering similar projects
and we are looking forward to building a strategic partnership with them
extending over a number of years that will result in real benefits for
Barnet's residents."



Rachel McClure, Sales Manager, Public Sector, SAP UK, said, "LogicaCMG
and SAP continue to partner to deliver robust solutions to clients like the
London Borough of Barnet. SAP provides the integrated, robust, flexible
platform that will grow in tandem with the requirements of Barnet, the
council, and its stakeholders."



Dave Lowson, business manager, local government of LogicaCMG UK said,
"LogicaCMG has extensive experience in managing and enabling change in many
types of organisations, both public sector and private. The London Borough of
Barnet is firmly committed to putting its citizens first and delivering value
for them, and we look forward to helping it achieve this goal."


http://www.uk-wire.com/cgi-bin/articles/20050223090000nv086.html

http://www.uk-wire.com/cgi-bin/articles/20050223174500nz136.html

this will be very good sghort term as build up to the results next week. Up a decent amount today. 200 me thinks soon.

LONDON, February 24 /PRNewswire/ --

LogicaCMG Succeeds in Allowing Telemig Celular to Attack Fast Growing
Brazilian Mobile Market

LogicaCMG announced today that it has won a contract with Telemig
Celular, a leading GSM mobile operator in Minas Gerais, Brazil, with more
then 2.6 million subscribers, to deploy its Next Generation Short Message
Service Centre (SMSC). The agreement also includes two years of support
services.

http://www.uk-wire.com/cgi-bin/articles/20050224080000nz156.html

Sunday Times:

THE Ministry of Defence is poised to award a 4 billion contract to create a unified computer system for Britains armed forces to a consortium headed by EDS and Fujitsu Services.
The Defence Information Infrastructure (DII) project is one of the worlds biggest technology contracts. It is intended to enable better communication between 100,000 civil servants and the 200,000 personnel in the Army, Royal Navy and Royal Air Force.

Creating a single network from the profusion of systems in use is initially expected to create about 2,000 jobs. The winning Atlas consortium has worked with the Welsh Development Agency to ensure that the project will create business for 20 small and medium-sized firms in South Wales.

The award of the contract the culmination of a three-year procurement process is a coup for EDS. The American company has been battered in the past by bad publicity over problems with the systems it created for the Department of Work and Pensions and the Inland Revenue.

The Atlas consortium also includes Logica CMG, General Dynamics and EADS, with IBM and HP in more junior roles.

Directors of Chime Communications and LogicaCMG have made opposite trades in reaction to results suggesting a recovery may be on the cards for both companies in 2005.

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=72836

LogicaCMG announced today that Celcom

Malaysia) Berhad, the premier
mobile telecommunications company in Malaysia, has gone live with a new
LogicaCMG prepaid solution giving 3 million subscribers access to the full
range of Next Generation messaging services.

EDS-led consortium finalises UK MOD information infrastructure contract
AFX


LONDON (AFX) - The UK Ministry of Defence said it has signed a contract with the Atlas Consortium, led by Electronic Data Systems Corp and Fujitsu Services, for the Defence Information Infrastructure Future project, the first stage of which is worth 2.3 bln stg over 10 years.

The whole contract is estimated to be worth some 4 bln stg.

The consortium was named preferred bidder for the contract earlier this month.

Key subcontractors on the project are General Dynamics Corp, EADSDefence and Security Systems and LogicaCMG PLC.

The project is aimed at replacing numerous information systems at the MOD with a single, more efficient infrastructure.

'It is intended to enable better communication between 340,000 military personnel and civil service staff and will connect and support 150,000 desktop PCs, laptops and other devices,' the MOD said in a statement.

newsdesk@afxnews.com

cw

LONDON, March 31

- LogicaCMG Software Processes Weather Images for East Asia

The first image from Japan's new weather satellite, MTSAT-1R, has now
been successfully received and processed. The image was uploaded by the NEC
Toshiba Space Systems, Ltd. (NTSpace) and LogicaCMG ground facilities at the
Japan Meteorological Agency (JMA)'s Hatoyama centre, 100km north of Tokyo.

http://www.uk-wire.com/cgi-bin/articles/20050331092000nu264.html

Tuesday April 12, 09:01 AM
LogicaCMG Locks Down GBP 31 Million Deal With the Metropolitan Police Authority

http://uk.biz.yahoo.com/050412/250/fg55q.html

UBS have increased their stake and now hold 12.12%

LogicaCMG today announced it has won a contract with DiGi
Telecommunications Sdn Bhd (DiGi), a prepaid mobile market leader in
Malaysia, to deploy Next Generation video streaming services in partnership
with Nextreaming and Inphosoft.


http://www.uk-wire.com/cgi-bin/articles/20050419080000n7685.html

LogicaCMG today announced that it has been selected by the State of
Queensland as its whole-of-government software supplier for Electronic
Document and Records Management System (eDRMS), ....

http://www.uk-wire.com/cgi-bin/articles/20050420090000nc481.html

LogicaCMG today announced that it has successfully implemented
a new billing system for SmarTone, Hong Kong's leading mobile operator in
multimedia services. The system was delivered in partnership with Convergys,
LogicaCMG's solution partner and the global leader in integrated billing,
employee care and customer care services.....

http://www.uk-wire.com/cgi-bin/articles/20050421080000ng631.html

LONDON, May 3

LogicaCMG today announced that it has reached an agreement with T-Mobile
International to build and operate the next-generation portal for t-zones.
t-zones is a mobile internet service that connects mobile subscribers to more
than 1000 external applications and a rich array of content across several
countries.

http://www.uk-wire.com/cgi-bin/articles/20050503080000ni036.html

Azhar, looks like ur on ur own here. must admit it is looking very good for 200 as Deutch have upgraded this to 190+ recently.

First Q order bookings up 37% over last year

18 May 2005

LogicaCMG Annual General Meeting: Update on Current Trading

Ahead of its Annual General Meeting for shareholders this afternoon in London,
LogicaCMG has issued the following trading update:

Results for 2005 will be presented under International Financial Reporting
Standards (IFRS). The comparable numbers for 2004, both full year and interim,
were released on 17 May, the impact of which was broadly similar to the
guidance given in March with our preliminary results.

Order bookings in the first quarter were very strong, up 37% over last year,
and we are currently in negotiation for several large contracts. The excellent
progress on orders reflects the benefits of the size and scale of the merged
company and our strategy of focusing on value propositions. Together with
completion of the Edinfor transaction at the end of April, this gives good
visibility of first half revenue and an increased order backlog.

Organic revenue growth, excluding Edinfor, is likely to be in the range of 4-5%
for the year as a whole, with the UK and Netherlands businesses performing
well. On a comparable basis, performance for the year is expected to show a
significant improvement over 2004. This will be weighted to the second half
when the benefits of restructuring in France and Germany should deliver
improved performance and the contracts won in the first quarter and with
Energias de Portugal (EDP) come fully on stream.

The UK business has achieved very good order intake in the first quarter. The
business continues to deliver strong margins, but shorter term time and
materials assignments have been subject to some rate pressure. We have also
grown strongly in the Netherlands where we have continued to win significant
opportunities. While we are still using a relatively high number of contractors
to meet short-term demand, we expect this to reduce through the year as we make
greater use of our offshore resources and recruit key skills.

We continue to make progress in improving the operating performance in Germany
and, while that market remains difficult, we expect a significant improvement
compared to 2004 as the year progresses. Our French business is performing in
line with the second half of last year as we continue to progress our
restructuring. As indicated in March, the first half of the current financial
year will also carry the estimated associated costs of ?2 million at the
operating profit level. We should begin to see the benefit of these actions in
the second half.

We have continued to recruit at our lower cost centres around the world and our
blended delivery model is proving increasingly attractive to customers wishing
to reduce cost and mitigate risk.

Wireless Networks trading to date has been consistent with our projection of a
more stable revenue stream backed by reduced operating costs and tight control
of discretionary spending. Good first half order intake increases our
confidence that revenue for the year will be slightly ahead of last year and
that in consequence profitability will be significantly improved.

At the Group level, therefore, we expect first half profit to be in line with
our expectations with the slightly lower contribution from IT services,
compensated by a better performance in Wireless networks.

In accordance with normal practice, the company will give a further trading
update in July before entering the closed period ahead of its interim results
which will be announced on 31 August 2005

Strong forward orders at LogicaCMG
MoneyAM
LogicaCMG said it expects results for the first half to be in line with its expectations.

It sees a slightly lower contribution from IT services but a better performance in Wireless networks.

The Anglo-Dutch software and IT services said order bookings were strong in the first quarter, up 37% on the same period last year.

It said visibility for first-half revenue is good.

The company also added that it was currently negotiating several large contracts without giving any further details.

It said that organic revenue growth, excluding Edinfor, is likely to be in the range of 4%-5% for the year, with the UK and Netherlands businesses performing well.

On a comparable basis, performance for the year, it said, is expected to show a significant improvement over 2004, which will be seen in the second half of the year after the completion of restructuring in its France and Germany operations, and should deliver improved performance.

The company also said it expected to reduce its relatively high number of contractors in the Netherlands

LogicaCMG wins 5-yr outsourcing contract from Aviva's Dutch unit Ohra
AFX


AMSTERDAM (AFX) - LogicaCMG PLC said it won a five-year outsourcing contract with an option for extension from Ohra, a unit of Aviva PLC's Dutch insurer Delta Lloyd.

No financial details were disclosed.

LogicaCMG will provide IT outsourcing services for all backoffice insurance systems. Nineteen Ohra employees will transfer to LogicaCMG.

amsterdam@afxnews.com

SINGAPORE, June 13 /PRNewswire/ -- LogicaCMG today announced that it has
been chosen as a solutions and
systems integration partner for Bridge Mobile, an alliance encompassing eight
leading Asia Pacific mobile operators, to go live with its inaugural regional
mobile services offering.



Bridge Mobile alliance, serving a combined subscriber base of
64 million, aims to facilitate a regional mobile infrastructure and a common
service platform. This platform will enable the creation and seamless
delivery of regional mobile services across all geographies and enhance the
quality of service to roaming subscribers of the member operators. The eight
operators in the alliance are SingTel Mobile (Singapore), SingTel Optus
(Australia), Airtel (India), Maxis (Malaysia), Telkomsel (Indonesia), Globe
Telecom (Philippines), Taiwan Mobile (Taiwan) and CSL (Hong Kong).

http://www.uk-wire.com/cgi-bin/articles/20050613121500NV545.html

LONDON, June 15 /PRNewswire/ -- Comptel Corporation, a leading convergent
mediation, charging and
provisioning software vendor, and LogicaCMG, a leading global solutions and
IT services provider, today announced a formal outsourcing co-operation. The
arrangement will ensure high quality and cost-efficient operations for
Comptel, as well as flexible use of resources in order to respond to growing
market demand, mainly in the Middle East, Europe and growing markets in Asia
Pacific. As a result, Comptel expects to achieve enhanced operational
efficiency and cost savings from mid 2005 onwards.



Comptel will use LogicaCMG's global services delivery capability for
customer services and implementation. This agreement, which commenced in the
first quarter 2005, will re-inforce the existing long-term relationship
between the companies.

http://www.uk-wire.com/cgi-bin/articles/20050615080000n8375.html

LONDON, June 20
LogicaCMG today announced that MTS (Mobile TeleSystems), Russia's largest
mobile operator, has awarded LogicaCMG a EUR5.9 million order - confirming
LogicaCMG as its preferred supplier of Next Generation Messaging solutions.
The new order is part of the framework agreement signed with MTS in September
last year. This new order builds on the first phase contract valued at EUR4.6
million, which saw LogicaCMG upgrading MTS' existing LogicaCMG Short Message
Service Centre (SMSC), and the deployment of LogicaCMG Wireless Service
Brokers (WSBs) and Multimedia Messaging Service Centres (MMSCs) in February
this year.

http://www.uk-wire.com/cgi-bin/articles/20050620080000nc848.html

AMSTERDAM (AFX) - LogicaCMG PLC said it has won a six-year IT outsourcing order from Metronet Rail worth 18 mln stg.

LogicaCMG said the contract is to support and transform Metronet's IT network and desktop applications for its 5,000 employees.

As part of the deal, LogicaCMG will provide Metronet Rail with an enhanced IT service to support the out-of-hours work by engineers and other IT users.

Metronet Rail is a consortium of five companies, and is responsible for upgrading, replacing and maintaining two-thirds of London Underground's infrastructure, under a 30-year-old Public Private Partnership (PPP) contract which came into operation in April 2003.

amsterdam@afxnews.com

mrk/jfr

AMSTERDAM (AFX) - LogicaCMG PLC said it won a seven-year contract worth 22
mln stg to provide Thames Water PLC with billing services in Wales.
LogicaCMG will deliver IT services for Thames Water from its outsourcing
centre in Waterton near Bridgend, Wales. Other customers already being serviced
from the new Waterton offices include Welsh Water, Britannia Airways, Ofcom and
the British Council.
LogicaCMG will provide applications management, development and support,
mainframe and server hosting, data and voice network management services and
call centre infrastructure support to Thames Water in Wales.
The deal is expected to result in cost savings for Thames Water, starting
with a reduction and upgrade in the number of servers.

Recovery at LogicaCMG

LogicaCMG said it expects to see a significant improvement in its full year performance.

Operating profits came in line with market expectations in the first half.

In a trading update for the six months ended June 30th 2005, the group said its IT Services showed a continuing gradual recovery in the first half with very strong order taking. Wireless Networks produced a solid performance underpinned by resilience of the SMS market, it added

Group order intake was very strong in the first half, up 50% over last year.

It added that, as in previous years, cash flow was seasonally weaker in the first half from the effect of annual insurance premium payments with some additional impact due to the acceleration in revenue growth.

The UK performed well with the Industry, Distribution & Transport sector in particular showing a marked recovery from the last year and the Public Sector

continuing its strong trend. The group said some pricing pressure was felt in short term, time and materials assignments, notably in the Telecoms sector.

The Netherlands continued to achieve good revenue growth with Financial Services performing very strongly. The board said that while the group is still using a relatively high number of contractors to meet short-term demand, it expects this to reduce through the year as it makes greater use of offshore resources.

In Germany, the board said the market remains difficult, but it said it expects a significant improvement in the operating performance compared to 2004 as the year progresses. 'We are making good progress in Outsourcing and Financial Services but the Industry, Distribution and Transport market remains very difficult, slowing the return to profitability of the business.'

In France, the group carried through some reductions in the overhead structure in the first half as planned and focused attention on targeting pre-sales effort more effectively. The board expects to see the benefit of these actions progressively through the second half.

LogicaCMG also said it has continued to recruit aggressively in Bangalore where it expects to exceed 2,000 staff by year end and it is now commencing the next phase of campus development. The group has also outsourced a significant proportion of its own back office systems and processes to its offshore facility.

In Wireless Networks, revenues from the traditional text messaging (SMS) market are holding up better than originally expected as developing countries install capacity to meet demand and existing customers add IP-based functionality.

The group said revenues on a like for like basis were similar to the same period last year and, with the benefit of its reduced cost base, the group's business was marginally profitable. Good first half order intake increases confidence that revenue for the year will be slightly ahead of last year and that in consequence profitability will be significantly improved, it added.

Organic revenue growth for the group, excluding Edinfor, is likely to be at the top end of the previously indicated range of 4%-5% for the year as a whole, driven by higher start-up revenue on several outsourcing contracts in the first half, LogicaCMG said

The Times says "buy" LogicaCMG -

SHARES in LogicaCMG, the computer services group, have traded at an average price of about 175p over the past year. Stock has changed hands at the same average price over the past three years. Yesterday, as the firm posted a first-half trading update, the share price moved up from 187p to 187p. But while the shares sit at a value only barely above these averages, the company appears to be in a stronger position than at any time since the enthusiasm for all things IT imploded five years ago.

LogicaCMG is strengthening thanks to a combination of reasons. IT spending in general improved as economic activity picked up and the investment overhang created by the spending ahead of the millennium date change dissipated. LogicaCMG has helped itself by tapping into the popularity of outsourcing. All sorts of customers are understandably keen to reduce running costs, and outsourcing is a favoured route. It is only relatively recently that the company has begun to earn the full benefits of the merger of Logica and CMG. The deal was signed nearly three years ago. Integration issues occupied lots of time in the early days, but the winning of big contracts with the likes of Energias de Portugal, which the company doubts would have been possible pre-merger, is evidence that the benefits were worth waiting for.

LogicaCMGs strengthening prospects are not immediately evident in the sales numbers reported yesterday. Sales, the company said, grew at 11 per cent in the first half. But it also said that full-year sales would be up in the range of 4-5 per cent. The relatively rapid rebound in sales in the middle part of 2004 represents important context, however. The fact that LogicaCMG told investors that the total value of its order book rose by 50 per cent in the first half of this year adds to the good news. This also sends encouraging signals about the quality of earnings moving forward. It has increasing amounts of work slated in for several forthcoming years. Profits from mobile phone text-messaging software, meanwhile, are proving more resilient than was previously anticipated. Buy.

Interim Results

31 August 2005


LogicaCMG Reports Interim Results
- Strong Growth in Earnings Per Share

Note: This is the first set of results to be issued under IFRS and
comparatives have been restated accordingly


First half performance in line with expectations, featuring strong order
intake and good organic growth

Basic earnings per share up 63% to 3.1p from 1.9p

Adjusted earnings per share on a like-for-like basis grew 33% to 2.8p from
2.1p

Order book up 50%, driven by outsourcing, with closing book-to-bill ratio of
1.59:1

IT Services revenues (87% of total) grew by 11.5% (8.6% organically)

Wireless Networks revenues (13% of total) increased 7% and the division
achieved a major turnaround in profitability compared to the first half of last
year

Edinfor transaction completed in the first half - good early progress

Revenue growth for the Group for the full year is expected to be circa 5% on
an organic basis and circa 10% following the consolidation of Edinfor

First half dividend raised to 2.4p from 2.3p


Commenting on the results, Dr Martin Read, Chief Executive, said:

"The long term benefits of the Logica - CMG merger in terms of scale and market
positioning are now very much in evidence. Earnings grew 33% in the first half
and order intake was very strong, up 50% over the first half of last year.
Revenues were up some 11%, driven by our largest territories, the UK and the
Netherlands. Outsourcing remains a key growth area, representing 24% of group
revenues, and was a major factor in first half order bookings.

"Our Wireless Networks business has returned to revenue growth and had another
profitable half. We expect to improve the performance further in the
seasonally stronger second half. While we continue to dominate the traditional
messaging market, we are also focusing on new opportunities as mobile and fixed
operators converge towards new broadband business models.

"Having got off to a good start, performance for the year is expected to show a
significant improvement over 2004 and positions LogicaCMG well as the IT
industry develops."

LONDON, September 1

LogicaCMG today launches a new e-Identity initiative that will provide a
global centre of excellence for the development of solutions for electronic
identification, travel documents, border crossing and public safety
initiatives.

This programme brings together LogicaCMG's expertise in systems
integration, security, identification and tracking technologies, such as
biometrics, smart cards and Radio Frequency Identification (RFID). LogicaCMG
has successfully completed e-Identity projects worldwide, such as the
biometric-enabled fast-pass border crossing at Schiphol airport in Amsterdam.
In addition, the company has extensive experience in the provision of smart
card based solutions for financial applications and access control.

A number of factors are leading to a growth in demand for these
technologies and solutions, particularly biometrics. For example, many
countries are planning to deploy national identity cards and e-passport
projects in the near future and there is also a growing realisation that
corporate identity cards to control physical and systems access are
necessary.

.
.
.

http://www.companyannouncements.net/cgi-bin/articles/20050901080000NJ817.html

Tuesday, December 06, 2005 17:40
Andrew De Cleyn, GSD business development director writes:

On Wednesday 16th November GSD hosted four analysts from CSFB and 15 institutional investors. This was part of the CSFB Tech Tour 2005. Over three days they visited various IT services companies including Cap Gemini. Atos Origin, Infosys and Wipro exploring their capabilities and strategy moving forward. During the visit we explained why we have created GSD, what it means to LCMG and most importantly what it means to our customers. Technopolis, our new facility in Bangalore, was well received as were the discussions with various Indian, Dutch and UK members of the GSD team. Our ability to retain customer proximity and domain knowledge whist delivering a "blended model" through GSD was seen as key. We have received a tremendous response to the visit (see attached flash report and photo) including the following GSD related statements:

"We upgrade our rating for LogicaCMG to Outperform .... The key changes at the company driving our change in stance are its meaningful execution of an offshoring strategy in India with the adoption of a Global 's Service Delivery Model, ....."

"Our visit to LogicaCMG's Bangalore facility on our recent field trip to India was a significant positive surprise"

Log now beginning to perform, seems to be heading up to 200p. Indicates trading statement on 18th Jan may be positive. H

PRAGUE, January 10 /PRNewswire/ -- Trading of allocated greenhouse gas
emission allowances is now fully
under way in the Czech national emissions registry. The Czech Republic has
fulfilled the requirements of the European emissions trading scheme (ETS) and
Czech companies can now buy and sell emissions allowances. Some Czech
companies have already sold a part of their allowances to foreign entities.



The Czech market for emission allowances is supervised by the Ministry of
Environment, while responsibility for ensuring the technical infrastructure
lies with LogicaCMG's client, the Czech Electricity Market Operator (OTE).



LogicaCMG operates the central registry of emission allowances from its
data centre in Prague, on behalf of OTE. The solution was designed in close
co-operation with the Spanish software company Soluziona and is
technologically based on Seringas from the French software vendor CDC. The
system provides the functionality necessary for the market's smooth operation
including: Registration of individual allowances, their allocation to CO2
producers (companies), registration of contracts, and keeping records of
emission volumes released into the atmosphere by particular sources. Market
participants are connected to the system via the Internet.



LogicaCMG's system also provides automatic communication with the
European Commission's systems and for generating reports. The company's
consultants also participate in activities of the European expert group that
focuses on resolving issues regarding standards and cooperation among the
national emission registries.



Miroslav Rehor, IT Director of the OTE, said: "Emission registries
administration is a new and very important activity for us. An additional
challenge is to ensure an ongoing communication with the Czech Ministry of
Environment and the Czech Ministry for Trade and Industry, as well as with
the EU bodies. LogicaCMG delivered, and provides support for, a very good
solution which has successfully been passed through the EU certification
process."



Jim Tapper, managing director for global energy and utilities at
LogicaCMG commented:



"We are proud to be working with the OTE to run the registry that is
essential to support the emissions market in the Czech Republic. Czech
companies can now trade allowances as required. The next step is for these
companies to develop their strategies to comply with the EU ETS and,
potentially, for those with low emissions to realise profit opportunities by
selling spare allowances."



In addition to providing the central market registry, LogicaCMG has been
active in supporting individual companies. It offers consulting services and
the EMISSIONS logic software, jointly developed with partner CarbonSim.
EMISSIONS logic manages companies' compliance with the EU ETS and other
emissions trading schemes by: Tracking their greenhouse gas emissions and
compliance against obligations; managing their emissions allowances and
credits; evaluating strategies and projects for emissions reduction and
generating internal and external reports. To companies not wanting to acquire
such a system, LogicaCMG can provide its services as an application service
provider. In this case a customer can use the information system that is
situated in LogicaCMG's data centre for a monthly fee.

Barclays have upped LOG to BUY from neutral. If this breaks 200 then 250 next target. Unilog accquisition has created a great opportunity.

Share of the Week

Logica symbol : LOG

Business spending on IT has been picking up and LogicaCMG should be one of the beneficiaries. Following its acquisition of French IT services business Unilog last September, the company is certainly better positioned to take advantage of strong demand in its core markets.

LogicaCMG is a provider of IT services and wireless telecoms solutions, created through the merger of Logica and CMG in 2002. One problem that has dogged the company is its lack of critical mass in Europe, where it hasnt had the scale to win some of the really key contracts. Its operations in both France and Germany have suffered as a result, losing a combined 9.5 million in the first half of 2005.

But the acquisition of Unilog should change that. We think the deal was a good strategic move because it transforms LogicaCMG into a truly pan-European IT services company, much better equipped to win key European contracts. Indeed, the acquisition gives the company the scale it needs in France and helps to improve the situation in Germany.

Following the take-over, LogicaCMG says it expects cost savings of 9.5 million in 2006 and 19 million in 2007 targets that we feel are achievable, given the managements good track record of cutting costs from previous acquisitions. And because of its offshore capabilities, pan-European coverage and strong industry knowledge, LogicaCMG should be able to sell more services to Unilog clients.

Over the next two years, we forecast top-line growth in the mid single digits, and we expect earnings to increase by 15% a year because of improving profitability. Following completion of the Unilog acquisition, the group should be able to boast one of the best IT services operations in Europe, with strong offshore capabilities. It could be time for investors to log on to the shares.

LogicaCMG (LSE: LOG.L - news) rallied 6 to 190 after being upgraded to 'buy' from 'hold' at Deutsche Bank (Xetra: 514000 - news) on the back of the group's offshore strategy and high expectations for Unilog (Paris: FR0000034662 - news) in 2006.

Deutsche highlighted the firm had made significant progress in scaling its offshore operations, adding that it believed the market had underestimated the potential the offshore business holds for margin protection and offers LogicaCMG a different growth strategy.

Investtech

LOGICA ORD 10P (LOG) - 21 Feb. Price: 191.00
Has broken the floor of the rising trend, which indicates a weaker initial rising rate. Has broken through the ceiling at 188 of a rectangle pattern. A decisive break will signal a further rise to 199 or more. The stock has broken up through the resistance at p 189. This predicts a further rise. The stock is overall assessed as technically positive for the medium long term.

Logica beginning to waken up. If it can get above 203 or so the chart will have completed a reverse head and shoulders made over the last year with a target of around 240p. Recent upgrades from Barclays and Deutsche banks will help it on it's way. H

Suth.. thanks. Yes been here for a long time and took up the rights. Will soone be in profit. Good luck all in.

Azhar, I also took up the rights and topped up @192p. Overall I am about 15% in profit on capital and anticipate all being well to get out between 240 and 300p, depending on what the chart does when it (fingers crossed) gets to around 240p. Divi hasn't been too bad either over the last few years. H

LogicaCMG full-year profit surges UPDATE
AFX


(adds detail from results)

LONDON (AFX) - Anglo-Dutch computer services company LogicaCMG PLC reported a surge in full-year profit in line with expectations, with strong UK and Netherlands businesses offsetting weak French and German markets.

Logica, which bought France's fourth-biggest IT services firm Unilog SA for 931 mln eur last October, said pretax profit for the year to December 31 rose to 105.6 mln stg from 63.7 mln a year earlier.

Revenue rose 10.6 pct to 1.83 bln stg from 1.65 bln.

The average analysts' forecast was for pretax profit, excluding exceptional items and goodwill amortisation, of 104.7 mln stg on revenue of 1.83 bln.

'Our IT services businesses in the United Kingdom and The Netherlands once again performed well, with a marked improvement in second half year operating margins,' said Logica chief executive Martin Read in a statement.

'The combination of improving market conditions, increased scale and a broader geographic footprint should enable the LogicaCMG group to make further progress in 2006.'

Adjusted earnings per share rose 18.8 pct to 7.6 pence.

Bit of a jump today, needs to get above 205p to get really motoring. Don't know why the leap today? hopefully good news on the way. H

I have not got a share interest in Logica but have noticed that the CEO was effectively forced to resign by Morley Fund Management who presumably had other institutional backing. Capital Group International which has been successful with turn around situations has announced that it holds a 4.89% stake. From the brief look I have had, the Co sold off its telco side and intends to use 130m (about half of the proceeds) to buy back shares. This may well be worth a look for the considered recovery investor. Currently waiting for the appointment of new ceo. sp currently 156p.

Made an initial purchase today at 153.5p as a recovery play. Also tipped on 2nd July on www.iii.co.uk (then click on "expert opinion)

I got out of LOG around the 180p mark some while ago. I also think they look a recovery play although down a little today. They have a resonable yield of about 3.5%. 140 -150p seems to be a long term support level. I changed to NIS which is now just back in profit.
I am also considering an initial repurchase of LOG, maybe a quarter unit of my normal purchase which is around 1/20 of my portfolio. H

Fidelity announced that they are interested in 4.98% of the issued share capital. sp 154.5p

MoneyAM
LogicaCMG, the Anglo-Dutch computer services company, said IT services revenues increased 3.3% for the half year.

The group reported strong growth in the Nordic region, Netherlands, Germany and France offsetting a 9% revenue decline in the UK.

In a separate announcement to its trading update Logica said it had appointed Jim McKenna as interim CEO and was making progress in the search for a permanent replacement after Martin Read announced his resignation in May.

'Our executive search firm is working on a shortlist of suitable candidates for consideration and the board remains focused on appointing the best candidate to run the business,' Logica said in a statement.

Revenue in the first half was 1.52bn and Logica said its guidance for full year remained unchanged.

Logica, seen as a takeover target after the resignation of Read in May, days after a profit warning, said it expected its UK business to return to growth in the second half of its year.

'Our outlook on market demand remains unchanged, with European market growth expected to be between 4% and 6%, Logica said.

'As indicated at the time of our May trading update, we still expect revenue growth around the lower end of this range for 2007.'

Adjusted operating profit will be weighted slightly towards the second half than the previous year, mainly due to 'UK commercial sector weakness in the first half' and previously disclosed costs, the company said.

Guscavalier comment: sp strong today up 7p to 157p after announcement. Pamure Gordon have rated shares as a Buy.

Shares are a strong market today at 159.5p. Tempus in The Times today given the Company a favourable write up. Can be found on business.timesonline.co.uk

LOG mentioned in Shares Magazine this week (vol 9, issue 30, page 17) as play of the week.

Just bought March 150 calls @ 18.5.
2517

I'm in too and hoping the new CEO they'll be bringing in will please the markets.

David Tyler, deputy chairman of computer services group LogicaCMG, has bought his first shares in the company. Tyler, who is to become chairman of the Anglo-Dutch company in November, bought 199,000 shares at 154p each. sp currently 162p

Guscavalier------Yes I saw that, looking good for my call options. I've also noticed (mentioned in one of the sunday papers today) that directors are buying far more shares in their own co's than they are selling, has to be viewed as positive. Good luck all.
2517

Any news of a new CEO.

Looks like a coup albeit that log is paying Andy Green a 3.5m golden hello. to secure his services from BT. sp up strongly today on the news at 168p.

This is the news we've been waiting for! Andy Green has a strong track record for growing an already large and complex business so I reckon we can see Logica's shares moving upwards again over the long term. They've been somewhat rudderless for a while...

I believe LOG have a top duo now with David Tyler the new chairman, he was FD of GUS for 10 years and is well respected in the city by all accounts, and now Andy Green from BT where he has been for a good many years, so not flybynight management, hopefully they will release the undoubted value in LOG.
2517

I have just sold my options in LOG, 34.6% profit in less than 2 months. Whilst I like LOG, more so with the new top management I could not resist that profit. If they fall back to the mid 150's I will, funds permitting, buy the shares. Good luck all holders.
2517

Hi George - I sold mine today, too, as I wanted the funds for other stocks. Only a small profit though, unlike yours! I will continue to keep an eye on LOG but at the moment I think BLT and others are likely to move faster in the short term - and, regrettably, can't stretch to holding them all!

Toya, a profit is a profit, regarding BLT they have had a terrific run this year, maybe that will continue, long term commodities are bullish but nothing goes up in a straight line and if I were going for BLT I would buy on weakness. My preferred route is MLW because of its spread of companies, I mentioned them only a matter of weeks ago @ 507p, now look @ them. Anyway best of luck with BLT.
2517

Hi George, thanks for the info re MLW - I didn't know about them and probably didn't see your posting if it was a few weeks ago. I see that's gone up significantly!

Re BLT (though this is really the LOG thread): I was really lucky a few weeks back, having bought it at around 1350p and sold last week just when it ducked below the 1800 (missed the peak of 1840 which appeared very briefly!). If only I could learn from that and repeat it!

As per post 144 I have bought LOG call options again this morning.
2517

A penny share for the first time since 2003.

Yes been pretty grim of late, I seem to have caught a cold here skinny. Hopefully the new boss will start to turn things around soon.
2517

Obviously this latest statement not well recieved - I do not hold.

IBM, LogicaCMG seen winning 'giant' software contract with Veolia




PARIS (Thomson Financial) - A consortium of IBM and LogicaCMG is best placed
to win a "giant" contract to install SAP software for Veolia Environnement, Les
Echos reported without citing sources.
Accenture and a consortium of Sopra Group and Capgemini are also bidding for
the contract, Les Echos said. Veolia Environnement declined to comment for the article.

LogicaCMG restructuring to cost 110m
MoneyAM
LogicaCMG PLC. outlined plans for a 110 million pound restructuring programme which is expected to save 80 million pounds annually by 2010 as the company attempts to revitalise its ailing business and improve shareholder return.

The Anglo-Dutch computer services firm said 1,300 jobs will be axed, 500 of them in the United Kingdom, as it streamlines its organisational structure and shifts operations offshore.

The company also announced new guidance for revenue and margin improvements, targeting 3 percent sales growth at constant currency in 2008, and adjusted operating margins in the current year similar to last year's 7.6 percent.

Improvements are expected to lift margins 0.5 per cent in both 2009 and 2010 and over the medium term the company plans to deliver sustainable double-digit margins.

The cost of the restructuring will be a one-off charge of 110 million pounds, with 70 million pounds taken in 2008 and the remainder in 2009.

Gearing will remain well below the 2.65 times net debt to EBITDA banking covenants throughout the period of the plan.

The company said it will maintain its dividend policy.

LogicaCMG reaffirms full-year guidance
MoneyAM
LogicaCMG said its Q1 revenue stood at 856m against a pro forma revenue of 826m a year ago, and reaffirmed its 2008 guidance.

The IT services company said its UK revenue was stable in the first quarter, with positive momentum going into Q2.

For 2008, the company said it expects revenue growth of around 3% at constant currency and margins similar to the underlying 7.6% achieved in 2007.

The company said it continues to see examples of slower spending in an uncertain market environment, but said overall market activity levels appear resilient.

sp 130p

Logica posted pretax profits fell 48 percent to 44m and dividend also cut 48% to 3p a share

sp now only 68p.

33% rise in the last 3 weeks and an upgrade today.

Another good move today.

Logica clinches 113m contract extension with CPS
Business Financial Newswire
Logica's 10-year partnership with the Crown Prosecution Service of England and Wales is being extended by three years.

It said that following the success of the COMPASS programme the extension, worth 113m, will see Logica provide enhanced services to aid the modernisation of the CPS and support continuing business transformation.

The original partnership was signed in 2001, and has been extended to 2015 to support the CPS as it shifts to electronic case management.

The updated contract will deliver a set of services to support more mobile working and major enhancements to the national Case Management System (CMS), building on the desktop IT and infrastructure services provided by Logica.

Logica upgraded to neutral from sell at UBS, target price rising to 130p from 120p. Also upgraded to outperform from underperform at Cheuvreux with 145p target price.

Thursday's free share tip on UK-Analyst.com is from cautious, long-term blue chip investor Robert Sutherland Smith of UK350.com

StockMarketWire.com
Logica upgraded to buy from neutral at UBS.

StockMarketWire.com
"IT services group Logica today reported orders up 2% to 2.142bn in the half-year to end-June, enjoying continued strength in outsourcing orders.

Total revenue was down 1% but Outsourcing Services revenue up 9%.

There was a return to growth in Financial Services and IDT.

The group reported improving trends through the first half in France, Northern & Central Europe and Sweden.

Second quarter revenue was unchanged on last year, underpinning confidence in return to modest growth in the second half.

Adjusted operating margin in line with last year at 6.7%

Operating profit up significantly by 54m due to reduction in amortisation and no exceptional charges.

Logica said it expects strong second half cash conversion to lead to net debt/EBITDA comfortably below 1.0x at year end.

Interim dividend was hiked to 1.9p, up from 1p in 2009, with the dividend payout ratio steadily increasing to at least 40% by 2012"

In Clubby portfolio @ 102

StockMarketWire.com
Logica upgraded to buy from fair value at Singer, target price raised to 143p from 130p.

Some more broker targets from digital look....

Date Broker name New Price Old price target New price target Broker change

05-Aug-10 Panmure Gordon Buy 109.40p 160.00p - Reiteration

04-Aug-10 Evolution Securities Buy 109.90p - - Reiteration

160p SP target from Panmure.

Another Broker upgrade out this afternoon.....

Logica FTSE 250 Technology Overweight 141 117.2 20.3% Piper Jaffray

Target SP 141p Upside 20.3%

Good to see pro TAer Zak Mir following this stock.....

Zak Mir



Reged: 28/06/07
Posts: 1372
Re: LogicaCmg (LOG)
#468487 - 09/08/10 04:50 PM Edit Reply Quote



Log was my chart of the week on zaks-ta.com on Friday, so i am obviously a fan, the mid 120p's as a min in the near term seems likely.

Bye Bye LOG.

A bit of life in this old dog?

Logica reports revenue up 4% for the 9 months to Sept



Headlines

Group orders up 10% for the nine months to September driven by continued strong
growth in Outsourcing

Revenue for the nine months to September up 4%, with third quarter revenue up
2% on last year to GBP914 million

Outsourcing revenue growth still strong, up 10% on a year to date basis and up
8% in the quarter

Consulting and Professional Services broadly stable for the nine months to
September despite third quarter revenue down 3% and mixed trends across our
markets

Revenue up in all geographies except the Benelux on a year to date basis, with
particularly strong third quarter growth in the UK

Revenue growth expected to be above 3% for the year, with adjusted operating
margin now to be in the range of 6.5% to 7.0%

Year endnet debt/EBITDA expected to be comfortably below 1.0x; strong second
half cash conversion expected

Logica accelerates restructuring in a tougher climate

Results on the 22nd - doesn't look very good!

Logica reports full year results in line with 14 December guidance(1,2)

Up over 5% today - trading statement tomorrow!

1st Quarter Results.

Logica reiterates full year guidance with its first quarter results



At its Annual General Meeting being held today, Logica will comment on trading
for the first quarter of 2012. The following is the interim management
statement based on unaudited results for the three months ended 31 March 2012.





Headlines1

New orders totalling £1,057 million, 23% of 2011 record order book of £4.6
billion

Revenue stable at 2011 level

Good progress on delivering our 2012 objectives

Restructuring programme fully on track

Full year guidance remains unchanged.

28 May 2012

Tapiola Data and Logica sign a Letter of Intent to establish a new company

Tapiola Data, a subsidiary of the Finnish insurance company Tapiola Group, and
business and technology service company Logica have signed a Letter of Intent
to develop a new company to provide information and communication technology to
the Local Insurance companies of the Tapiola Group.

Negotiations relating to forming the new company will begin on 1 June 2012. The
aim is to establish the new company by October 2012. The purpose of the new
company is to develop and produce ICT services relating to banking and
insurance activities of Local Insurance - Tapiola Group in order to harmonise,
reshape and intensify operations.

"Local Insurance - Tapiola Group's business operations and tasks relating to
the merger require a partner with strong IT service knowledge and industrial
operating models. With a strong partner, we are able to ensure that the quality
and the cost structure of service production meet our customer service and
business requirements. The partner must also be able to provide enough
resources for the project," said Juha Suutala, Managing Director at Tapiola
Data.

"The letter of intent enables true partnership where both parties make
investments to meet our common goals. We are creating new operating models and
services by combining the knowledge in Tapiola Data with Logica's strong
experience and expertise in producing business and technology services in the
financial sector. The new company will also offer professional development and
new career paths to skilled employees both locally and via our global
operations," said Heikki Nikku, CEO in Logica Finland.

For further information, please contact:
Logica Investor Relations: Karen Keyes +44(0)7801 723682/Jose Cano +44(0)20 7446 1338
Logica Media relations: Louise Fisk +44(0)7798 857770
Brunswick: Sarah West/Jonathan Glass: +44(0)20 7404 5959

END

29 May 2012

Logica sells its stake in Silta Oy

Logica today announces the conditional sale of its 50% stake in Silta Oy to Private Equity company
Sentica Partners. The gross asset value is estimated at GBP1.1 million.
The transaction is subject to approval by the competition authorities.

Silta Oy is a venture with Finnish insurance companies Varma Mutual Pension Insurance Company and
Sampo Oyj. The disposal will allow Logica to focus on its core competencies of IT and business
services, in this particular instance around HR Business Process Outsourcing.

Silta Oy is the leading market provider of payroll outsourcing business and financial management
in Finland.

It really is bye bye LOG :- Offer For Logica.

Summary
· The boards of directors of Logica plc ("Logica") and CGI Group Inc. ("CGI") are pleased to announce that they have reached agreement on the terms of a recommended cash acquisition of Logica by CGI Holdings Europe Limited ("CGI Europe"), a wholly owned subsidiary of CGI, pursuant to which CGI Europe will acquire the entire issued and to be issued ordinary share capital of Logica (the "Acquisition"). The Acquisition will be implemented by way of a scheme of arrangement.

· Under the terms of the Acquisition:

Logica Shareholders will be entitled to receive 105 pence in cash per Logica Share.

The Acquisition price represents a premium of approximately:

· 59.8 per cent. to the Closing Price per Logica Share of 65.70 pence on 30 May 2012 (being the last Dealing Day prior to the date of this announcement);

· 49.6 per cent. to the average Closing Price of approximately 70.20 pence per Logica Share for the one month period ending on 30 May 2012 (being the last Dealing Day prior to this announcement); and

· 32.8 per cent. to the average Closing Price of approximately 79.05 pence per Logica Share for the six month period ending on 30 May 2012 (being the last D