Sitel Reaffirms Positive 3Q Outlook

Share this content:
Teleservices provider Sitel Corp. said that its performance estimates for the third quarter of this year remain on target despite falling markets and national turmoil over terrorist attacks on the United States.

The Baltimore company said it would generate $170 million to $175 million for the quarter and earnings of up to 2 cents per share. The aftermath of the Sept. 11 disaster disrupted the company's momentum, but Sitel employees responded well and the company is recovering, chairman/CEO Jim Lynch said.

Lynch, highlighting positive developments for Sitel over the past five months, said the company has won new contracts from several major players overseas, including Alcatel in Europe, Germany's CallInvest, Avaya in Europe and Singapore and Ericsson in Switzerland.

The company is expanding operations for Seeboard in the United Kingdom, American Express in the Netherlands and Belgium, Deutsche Telekom in Germany, Belgium's Belgacom Mobile, the government of Belgium, Hewlett-Packard in Spain and France, New Zealand's Genesis Power, Capital One in the United Kingdom and United States, and Aegon and Mass Marketing Insurance Group in the United States.

The present uncertainty of the business environment makes projecting future results difficult, Lynch said. Sitel said it planned to provide its fourth-quarter 2001 outlook along with its normal third-quarter results announcement.

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above