ASIANET: ANDERSEN WORLDWIDE REVENUES FOR FISCAL '97 UP 19% TO $11.3 BIL

ข่าวต่างประเทศ Wednesday November 26, 1997 09:24 —Asianet Press Release

ANDERSEN WORLDWIDE REVENUES FOR FISCAL '97 UP 19% TO $11.3 BILLION ANDERSEN CONSULTING GROWS 25% TO $6.1 BILLION, ARTHUR ANDERSEN GAINS 13% TO $5.2 BILLION NEW YORK, Nov. 25 /PRNewswire - AsiaNet/ -- Andersen Consulting postedrevenues of $6.1 billion, up 25%, and revenues at Arthur Andersen were up 13%to $5.2 billion, for the fiscal year ended August 31, 1997. The recordresults at the business units of Andersen Worldwide total $11.3 billion, anincrease of 19%. Each business unit achieved across-the-board growth in allregions of the world. W. Robert Grafton, Acting Chief Executive of Andersen Worldwide, attributedthe strong results to "The world-class excellence of the people of ArthurAndersen and Andersen Consulting in serving their clients, as well as theoverall strength of the global economy." He added, "We are confident thatboth businesses will continue to grow at double-digit rates in fiscal 1998." Arthur Andersen is a global multidisciplinary professional services firmthat helps its clients improve their business performance. AndersenConsulting is a global management and technology consulting organization whosemission is to help its clients change to be more successful. The Arthur Andersen and Andersen Consulting business units serve clients intheir respective marketplaces in 78 countries. Correspondent relationships ofArthur Andersen with other firms exist in 46 additional countries. Attachment: The accompanying table summarizes worldwide results. Andersen Worldwide Financial and Operating Highlights ($ billions) (Fiscal Years ended August 31) (Percentage changes reflect actual, rather than rounded, numbers) Arthur Andersen Revenues by Geographical Area 1997 1996 % change Americas $2.6 $2.3 13 Europe, Middle East, India and Africa 1.9 1.7 13 Asia/Pacific .7 .6 12 Total Arthur Andersen $5.2 $4.6 13 Andersen Consulting Revenues by Geographical Area 1997 1996 % change Americas $3.4 $2.7 27 Europe, Middle East, Africa and India 2.1 1.7 24 Asia/Pacific .6 .5 18 Total Andersen Consulting $6.1 $4.9 25 Andersen Worldwide Combined Revenues by Geographical Area 1997 1996 % change Americas $6.0 $5.0 20 Europe, Middle East, India and Africa 4.0 3.4 19 Asia/Pacific 1.3 1.1 14 Total $11.3 $9.5 19 Andersen Worldwide Combined Operating Data 1997 1996 Number of countries 78 79 Number of AW partners 2,651 2,611 Total personnel* 104,933 91,572 (*) Includes Andersen Worldwide SC partners SOURCE Andersen Worldwide -0- 11/25/97CONTACT: Robert C. Hubbell of Andersen Worldwide, 212-708-6530/ END-

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