26 May 2023 - trading update
The global digital transformation consultancy has issued a trading update covering the year ending 31 July 2023. Following the release of interim results on 15 March a number of external factors have combined to reduce expectations for the year. Enterprise clients have been reluctant to commit to large programmes of work in an uncertain environment, which has slowed new business growth. Some contracts have also commenced later than forecast. This means that net revenue growth in the current year is expected to be flat to +2% with a like-for-like decline of around11%. The . . .
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