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Primary Recommendation

Xansa - Indian headcount to exceed 3,500

October 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • XAN
  • Price:
  • 82p
Xansa, an IT services business, with its principal market in the UK, is poised for a second burst of strong growth. The first came in the 1990s when the business was known as FI Group and grew rapidly on the back of its application manage-ment service and IT outsourcing. This was followed by acquisitions which took it into high end consultancy.The last two years have seen stagnation whilst under its new chief executive, Alistair Cox, Xansa's activities have been reorganised, with the  closing or shutting down of overseas activities and reduced exposure to project based revenues. But the recent expansion of its three campuses in India lifted Indian headcount by 80 per cent from 1,046 to 1,886 last year and the expectation is t ...

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Related Articles

Xansa - 130p bid from French IT Group (September 2007)
Xansa - Department of Health contract (November 2004)
Xansa - Expects to sign more large BPM deals (January 2003)
Xansa- 72% gain since last month's tip (November 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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