CGEY reported 2003 group turnover of €5.75bn (£3.83bn), down from €7.05bn a year ago, a 12.5% slide, or 18%, when taking into account the deterioration of the US dollar.
Outsourcing provided the only growth, and it is likely to grow again in 2004 when CGEY takes on the £3bn, 10-year Revenue contract later in the year, in partnership with Fujitisu.
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