TeleTech Estimates 2011 Revenue Growth of 5% to 6%

TeleTech Holdings, Inc. TTEC today announced its long-term financial goals, including 2014 revenue and operating margin targets. As outlined earlier this year, TeleTech estimates 2011 revenue will grow approximately 5 to 6 percent over 2010 revenue, and full year 2011 operating margin will range between 8.5 and 9.5 percent, excluding unusual charges, if any. The company expects revenue to increase from 2010 to 2014 at a compounded annual growth rate between 9 and 10 percent, Furthermore, it expects revenue from consultative and technology-based solutions to increase to 25 percent of total 2014 revenue, and expects operating margin to range between 11 and 12 percent by 2014.