15 September 2005
15 September 2005
Xansa - AGM Statement
At the company's Annual General Meeting held at 12.00 noon today, Alistair Cox,
Chief Executive, stated:
"Trading for our financial year 2005/06 to date has been in line with management
expectations. Investment has continued in all areas of the business and progress
in the key business areas in which we focus is on track. Specifically, in the
Government sector we have expanded our NHS joint venture operations to provide
payroll services, in addition to finance and accounting, and are pleased to
welcome 160 new colleagues as a result. There is strong demand from new and
existing clients for our unique onshore/offshore service model and accordingly
the transition of an offshore element on most contracts to India is continuing.
This is reflected in the growth of our offshore operations to over 3,000 people,
now representing half our workforce."
Xansa Financial Dynamics
Alistair Cox, Chief Executive Giles Sanderson
Gordon Stuart, Finance Director James Melville-Ross
Steve Stratton, Investor Relations Director Tel : + 44 (0)20 7831 3113
Tel : + 44 (0)8702 416181
Email : firstname.lastname@example.org
Xansa is the outsourcing and technology company. Committed to delivering
guaranteed business outcomes through a combination of technology and process
expertise, Xansa gives its clients the freedom to do more with their business.
Strong relationships, commercial innovation and an integrated Indian delivery
capability ensure that Xansa drives real and long-term cost reductions,
performance improvements and new ways of working tailored to each client. The
services Xansa provides are Business and Technology Consulting, IT
Implementation, IT Outsourcing and Business Process Outsourcing. Head-quartered
in Reading, Berkshire, Xansa is listed on the London Stock Exchange (LSE:XAN)
and has over 6800 people in the UK and India.
This information is provided by RNS
The company news service from the London Stock Exchange