cd(adapco) is doing very well

Joe Biden

the CD side anyway. They had the good idea to register the company in Hatfield (Herfordshire) because London is too expensive. Below are some numbers:

Sales per Employee (£) is going down (may be there are more employees):

2007 149,864 \

2006 197,462 \

2005 206,433 \

2004 219,763 \

2003 227,205 \

but the average employee remuneration over 154 employees is much higher than the rest of the industry:

Average Employee Remuneration (£):

cd(-adapco) 54,532

CFD Industry

low 20,233

median 34,119

high 49,535

Average Sales per Employee (£) :149,864

while the rest of the Industry:

low 43,885

median 78,454

high 130,218

it means cd-adapco employees work much better or efficiently than the rest of the industry. The wages are about 30-36% of the sales.

Employees Remuneration growth rate(%) is high:

1year 17.6

2years 21.3

3y 35.1

4y 45.3

The distribution around those averages are not known but they must have a large bonus this Christmas. If their sales performances are this high they actually deserve it.

The managers have made the employees work well. It is good of them to publish the results.

Joe