View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 28, 1988

DEC 4Q TURNOVER UP 25% AT $3.340M, PROFITS UP 6%

By CBR Staff Writer

DEC turned in a fourth quarter substantially better than expected in volume terms, with turnover up a hungry 25% at $3,340m while profits rose 6% to $401m (see Company Results, page five): the company says that while it experienced the same lacklustre tone of business in the US, overseas performance was particularly robust; most striking is that the strong fourth quarter growth shot the company past Unisys Corp into second place in the US ranking, third behind Fujitsu Ltd worldwide, with turnover for the year of $11,480m, which underlines the problems Unisys Corp faces in putting the lumbering leviathon created by the combination of Burroughs and Sperry onto a growth tack – DEC was an $8,500m company when Unisys was born as a $10,000m company but two years later, Unisys is still a $10,000m company.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU