"Our company delivered another strong quarter. Each of our operating companies continued to generate growth in underlying revenue, which, combined with ongoing expense discipline, produced across-the-board improvement in operating margins and profitability", said Brian DUPERREAULT, President and CEO.
At the same time, for the nine months ended September 30, 2012, income from continuing operations was USD 939 million, compared with USD 738 million in 2011.
"For the nine months, we produced double-digit growth in operating income, substantial margin improvement, and excellent growth in earnings per share", concluded Mr. DUPERREAULT.
Risk and Insurance Services revenue amounted to USD 1.5 billion (increase of 2%) in Q3 2012, while the operating income increased 26% (to USD 234 million). For the nine months of 2012, segment revenue was USD 5 billion, an increase of 5% from the prior year period, while operating income increased 14% to USD 1.1 billion, compared with USD 925 million in 2011.
Consulting segment revenue in Q3 2012 was USD 1.3 billion (increase of 1%). Operating income increased 20% to USD 193 million, compared with USD 161 million in the prior year period. For the nine months of 2012, segment revenue increased 2% to USD 4 billion, while, operating income increased 19% to USD 524 million.
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