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."