Xchanging records flat profits as CSC bid nears finishing line

Insurance outsourcing and software firm Xchanging saw its adjusted
operating profit nudge down from £55.8mn to £54.6mn for
the full-year 2015.
The London-listed professional service firm recorded a broadly
flat adjusted operating margin of 13.6 percent, while on a
statutory operating basis, which includes exceptional items and
amortisation of intangible assets as well as acquisition costs,
Xchanging reported a loss of £38.5mn, against full-year
2014's £36.6mn profit.Net r