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RM back in black

Computer and technology provider to schools RM (RM) has returned to the black after a major restructuring wiped out reported profits last year, but uncertainty remains as the end of major contracts loom on the horizon. RM has built up a £37.8m cash pile to manage the decline, but analysts are still forecasting that revenue will fall by more than a fifth within two years.

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By John Ficenec,
21 February 2013

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