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ADP posts 20 percent increase in 4th-quarter profit

Friday August 01, 2008

PEO Services

“PEO Services’ revenues increased 16.5% for the fourth quarter and 20% for the year, all organic. PEO Services’ pretax margin improved approximately 30 basis points for the fourth quarter and 80 basis points for the year. Average worksite employees paid by PEO Services increased 17% for the fourth quarter, and 18% for the year, to approximately 187,000 and 176,000, respectively.”

See the complets earnings report at

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