Preliminary audited results for Fujitsu Services in the
year ended 31 March 2005 have displayed soaring profits before and
a record order book.
The company says that for the financial year it made an
operating profit before exceptional items of £73.8m and a profit
before tax of £85m, an increase of 69% from the corresponding
period a year ago. The company’s order book has grown to £6.2bn.
Total revenue for 2004/05 was £1,986.1m, an increase of 14.5% from
2003/04.
Fujitsu attributes the performance to growth in UK Government
business plus a significant upturn in commercial sector new
business, for example in retail and financial services, have all
contributed to the company’s growth. Comments CEO David Courtley:
“Fujitsu Services continues to improve substantially since its
return to profit in 2002/03. Major customers appreciate not only
our capabilities but also our straightforward approach to business,
and another year of solid growth and significant profit increase is
testament to this.”
He adds: “Not only have we increased revenue and profit this year,
but the order book stands at a record £6.2bn. This strong pipeline
will fuel revenue growth next year and secure strong foundations
for the long term success of our business.”
