BULL INTENDS TO DOUBLE ITS PROFITABILITY BY 2002
The French information technology group, Bull, intends to achieve a profitability rate of at least 5% by 2000-2002, compared with the 2.5% it returned in 1997, according to its CEO, Guy de Panafieu, in an interview he gave to the French daily financial publication, Agefi. De Panafieu said the group is aiming for a growth strategy split half and half between services and information technology products. In 1997 Bull recorded a growth of 60% in net profits, to reach FF603 million on a turnover...
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