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

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

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