UXC touts largest ICT services deals ever

26.01.2011

The deals come a time of transition for the company. In late November, chairman Geoff Lord resigned his executive duties and appointed Nicolli, formerly CEO of the UXC business solutions group, as UXC managing director.

While revenues have continued to grow from the company since 1999, earnings have declined from a peak of $56.1 million in 2008 to $50.4 million in 2009 and $50.6 million in 2010.

The deals also come a year on from in an effort to refocus the company. In a market update earlier this month the company reaffirmed these plans, stating it would divest itself of its non-core retail solutions and its loss-incurring environmental solutions businesses.