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Heidrick & Struggles posts double-digit growth

Executive search firm Heidrick & Struggles International reported $160.1 million in revenue for the second quarter this year, a 33.2 percent increase from the same quarter last year. The Chicago-based firm reported earnings of $21 million, or $1.11 per share, compared with earnings of $10.4 million, or 55 cents per share. Every sector of the company’s business, including international posts, reported double digit increases in revenue. “I am extremely pleased to report that the second quarter of 2007 represented our sixth quarter of sequential net revenue growth,” said CEO Kevin Kelly. “We also achieved record productivity levels and a record operating margin in Europe… Read More