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Heidrick & Struggles Lifts Sales Outlook

Heidrick & Struggles Raises Full-Year Revenue Guidance on Strong Year-To-Date Results

CHICAGO (AP) -- Heidrick & Struggles International Inc., an executive search and consulting firm, on Tuesday raised its full-year revenue guidance on strong year-to-date results.

The company now anticipates sales for all of 2007 in a range of $600 million to $610 million. It previously forecast revenue between $580 million and $595 million.

Analysts polled by Thomson Financial predict full-year sales of $591 million.

Heidrick & Struggles said its new estimate represents revenue growth over the year-ago period of about 25 percent to 27 percent and reflects its goal to accelerate revenue growth compared with recent years.

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