IBM France SA says it expects turnover this year to be little changed from 1993, chairman Claude Andrezza said yesterday. For IBM France, with CGI, we will have about 2% growth, excluding exports, he said, but exports continue to suffer from a price war which is undermining the positive effect of a rise in demand, he added – IBM France was once the kingpin in Europe because it made all the biggest mainframes, but now that mainframes have gone so emphatically ex-growth, its position is decidedly unenviable vis-a-vis its siblings. IBM France’s turnover fell 15.7% in 1993 to the equivalent of $5,237m; domestic sales rose 2.2% to $3,424m, but exports plunged by 36.7% to $1,810m.
