Poor H1 results from Mouchel

Negotiations to withdraw from Middle Eastern market “at an advanced stage”

01-Apr-10 Mouchel's revenue and profit fell during the six months to 31 January 2010, according to financial performance data released in an interim management statement (IMS). Despite this, the company insists that its “outlook remains good” and that it is holding firm to a strategy of seeking “long-term managed service and outsourcing contracts” from UK public sector and public service clients. The company has confirmed that it...

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