Arthur Andersen posted revenues of $7.3 billion, up 19%, while revenues at Andersen Consulting were up 16% to $9.0 billion, for the fiscal year ended August 31, 1999.
The Andersen Worldwide business units' record results of $16.3 billion represented a 17% increase over the prior year and were more than double total revenues four years ealier, said the organisation.
W. Robert Grafton, Acting Chief Executive of Andersen Worldwide, attributed the results to 'a healthy global marketplace and robust demand for the world-class services provided by Andersen Consulting and Arthur Andersen.'
Noting that the organisation is nearing completion of its fiscal 2000 first quarter, he added: 'Both businesses are on target for substantial across-the-board growth in the year ahead.'
Arthur Andersen employs 70,000 people in 84 countries. Andersen Consulting empolys 65,000 people in 48 countries.
The organisations have fallen out and are trying to separate - each claiming damages and compensation off the other.
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