Arthur J. Gallagher Net Earnings Up 18 Percent for 2000

October 13, 2000

Arthur J. Gallagher & Co. announced on Thursday its financial results for the third quarter and nine months that ended Sept. 30. Total revenues were $526,944,000, compared to $471,629,000 last year, an increase of 12 percent. Net earnings were $62,375,000, up 22 percent for the nine months. Net earnings per share for nine months were $1.51, up 18 percent from $1.28 in 1999.

For the third quarter of 2000, total revenues increased 14 percent and net earnings increased 30 percent from the end of 1999. Quarterly net earnings per share were $.73, up 24 percent from $.59 in 1999.

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