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first_img Tags: NULL TELECOMS firm Cable & Wireless Worldwide is comfortable with full-year expectations after posting first-half sales and earnings in line with forecasts despite pressure from cuts to UK public spending.C&W Worldwide (CWW), which concentrates on the global corporate market and has a large presence in Britain, said the “satisfactory” results had been held back by the challenges in the UK public sector but said they had developed good momentum by the end of the first half. The group posted revenues down 1.6 per cent to £1.12bn, in line with a company-supplied forecast. Earnings before interest, tax, depreciation and amortisation (EBITDA) were up 4.4 per cent to £214m, also in line with forecasts.Pre-tax profit at £53m was comfortably ahead of the forecast of £40m.C&W Worldwide said the strong finish to the first six months had given it good momentum going into the second half of the year and said a Memorandum of Understanding it had with the British government would help it build its presence in this market.“Overall we remain comfortable with full year expectations,” chief executive Jim Marsh said in a statement.The company yesterday announced two new deals with Tesco Bank to provide data centre services and a hosted contact centre solution. It also announced a deal with UK business of pharmacy retailer Alliance Boots and has existing contracts with the Foreign & Commonwealth Office. whatsapp Share whatsapp Cable & Wireless Worldwide says it is happy with current full-year target center_img KCS-content Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Tuesday 16 November 2010 8:11 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemlast_img

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