Arthur J. Gallagher & Co.
(NYSE: AJG) reported its financial results for the fourth quarter and
year ended December 31, 2002.
Gallagher reported that total operating revenues rose 23% to
$311.6 million in the fourth quarter of 2002 compared with $254.1 million in
the same quarter of 2001. For the year ended December 31, 2002, total
operating revenues grew 24% to $1.1 billion from $903.9 million in 2001.
Net operating earnings were up 29% in the fourth quarter to $40.8 million,
or $.44 per share, from $31.7 million, or $.35 per share, in the same quarter
of 2001. Net operatin...
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