Recently, Unisys Corporation’s (UIS - Free Report) Dutch subsidiary has been selected by Nutreco, a producer of animal nutrition and fish feed. With this contract, the company will be supplying various types of end-user and data center support solutions.
Per the latest contract, the company through its service centers based in Budapest, Bogota, Sao Paulo and Shanghai will be offering a complete suite of single-point-of-contact (SPOC) service desk solutions to Nutreco for answering any queries related to IT matters. Moreover, the company will be rendering its services to Nutreco’s 6,000 employees in fourteen different languages including Czech, English, French, German, Indonesian, Italian, Japanese, Mandarin, Polish, Portuguese, Russian, Spanish, Turkish and Vietnamese.
The company will also give various on-site services across 180 locations in 29 countries. Additionally, the company through its data center and disaster recovery services will be controlling various Nutreco sites and its 900 servers based in the United Kingdom and United States.
Nutreco has selected Unisys given its highly developed technology, advanced and integrated systems, which can help enhancing its businesses, especially in Brazil, Russia, Southeast Asia and China in future. Nutreco will be also deploying the company’s Continuous Service Improvement and Innovation Plan technique and Service Excellence Office for improving its end-user supply chain.
Management is highly encouraged by its association with Nutreco. The company through integrating its technologically advanced services with Nutreco will work diligently to improve the efficiency and productivity of its clients.
Contract wins have always been the niche strength for Unisys. Recently, the company received a $7.2 million contract from the U.S. National Archives and Records Administration. As per the latest contract, the company will be engaged in the migration of U.S. National Archives’ 4,500 users to Google Apps for Government.
Unisys competes with bigwigs like Accenture plc (ACN - Free Report) and Hewlett-Packard Company (HPQ - Free Report) . Accenture recently declared that it has won a 10-year outsourcing deal from the ace French general insurer, Generali. Under the terms of the deal, Accenture will be handling Generali’s existing life insurance policies (roughly 100,000 accounts).
The current Zacks Consensus Estimates for Unisys are $1.00 and $2.20 for the fourth quarter of 2012 and for the full year of 2012, respectively. The estimates represent year-over-year growth of (51.8%) for the fourth quarter of 2012 and (50.2%) for 2012.
As the macroeconomic conditions continue to be challenging, we prefer to have a Zacks #5 Rank on the stock, which translates into a short-term rating of ‘Strong Sell’. In the long run, we have a ‘Neutral’ recommendation on the stock.