New Overseas Business Raises Sitel Revenue, Profit

Share this article:
Boosted by new overseas contracts, teleservices agency Sitel Corp. said yesterday that revenue and profit rose for the first quarter of 2002.


Sitel's revenue for the quarter was $193 million, up 4.9 percent from the same period in 2001. Net income was $2.7 million, up from $1.7 million.


New contracts with the Royal Bank of Scotland and the taxing authority of Spain contributed to Sitel's performance, said Jim Lynch, Sitel chairman/CEO. Revenue from clients obtained in the past 12 months totaled $16.3 million during the quarter.


Sitel, Baltimore, has contact centers in more than 20 countries and manages about 1.5 million customer contacts daily.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

Hawk Search Widens its Global Reach

Hawk Search Widens its Global Reach

Hawk Search's solution offers support for more than twice as many languages as other site search providers, according to the company.

Candidates Offer Change In The Form of Targeting

Candidates Offer Change In The Form of Targeting

A campaign for Ben Carson raised $2.8 million despite his lack of cooperation.

Target Names Retail Veteran Brian Cornell as CEO

Target Names Retail Veteran Brian Cornell as CEO

He leaves the top job at PepsiCo Foods to take the spot vacated by Greg Steinhafel in the aftermath of the data breach.