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Outsourcing News : Article

XL WORLD Group Confirms 300% Growth in the Outsourcing Market in 2006

XL World announces that final results for 2006 exceeded its planned business objectives. The data reflect the Group's strong dynamic growth over 2006 with a growth rate of 300%.

XL World's management board announced that 2006 has been a profitable year for the outsourcer, with results exceeding expectations. Turnover was of € 3.5 mil versus € 1.2 mil in 2005, confirming a growth rate of almost 300%.

Commenting on the latest announcement, Mr. Roberto Montandon, CEO of XL World Europe, said, "We delivered another good year; we consolidated the current operations, demonstrating the sustainability of our business model and steady success in supporting our clients. But, more importantly, we laid down a solid foundation which will allow us to implement a strategy for further growth."

Posted: Thursday, May 31, 2007

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