Kelly Services
Industry: Business Services

Kelly Services, Inc. is a Fortune 500 company headquartered in Troy, Mich., offering human resources solutions that include temporary services, staff leasing, outsourcing, vendor on-site and full-time placement. With more than 2,300 company owned and operated offices in 26 countries, Kelly provides to its customers 800,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, light industrial, education and health care.

Business Summary
Kelly Services, Inc. (Kelly) is a global temporary staffing company operating in 27 countries. Kelly's operations are divided into three principal business segments: U.S. Commercial Staffing; Professional, Technical and Staffing Alternatives (PTSA), and International. Along with traditional office services, Kelly assigns professional and technical employees in the fields of finance and accounting, education, engineering, information technology (IT), legal, science, healthcare and home care. Kelly offers staffing solutions to a diversified group of customers through approximately 2,600 stand-alone, customer onsite and co-located offices in the United States, the Americas, Europe and the Asia-Pacific region. For the fiscal year ended January 2, 2005 (fiscal 2004), U.S. Commercial Staffing revenue represented 47% of total Company revenue, PTSA revenue represented 21% and International revenue represented 23%.

Financial Summary
KELYA provides staffing services in the areas of office clerical, technical, light industrial, home care services, marketing, professional, management services and legal. For the 26 weeks ended 7/03/05, net sales rose 7% to $2.56B. Net income rose from $5.2M to $13.3M. Revenues reflect higher sales in all segments due to price increases and favorable exchange rates. Net income also reflects lower workers' compensation costs at U.S. Commercial Staffing.