Heidrick & Struggles` Asia Pacific ops grow 55 pct in q3

"With additional hires planned for 2008, these offices are now of sufficient size and strategic importance to merit their own leaders who will accelerate the development of the CEO board of directors practice, working closely with our leadership consulting practice," Davis says.

Consolidated quarterly net revenue for the entire firm increased 30.7 percent to $US162.9 million ($A177 million). Consolidated operating income increased 44.9 percent to $US25.5 million ($A27.7 million) and net income increased 44.7 percent to $US16.1 million ($A17.5 million).

Based on the nine-month results, the company increased its forecast for 2007 net revenue to $US600-610 million ($A653 million to $A663 million), up from its previous guidance of $US580-595 million ($A627 to $A643 million).