Germanischer Lloyd (GL) increased its turnover to Euros 218.7 million in 2003, six percent ahead of the Euros 206.4 million recorded the previous year, to ensure a continuation of the growth pattern established by the worldwide classification society in recent years. GL’s “Maritime Services” sector accounted for 75 percent of the turnover, while the newly organized operating area “Industrial Services” boosted its share of total revenues from 22 to 25 per cent during the year. The society also increased its net profits in 2003, to Euros 6.9 million compared to 6.2 million the previous year. At year-end 2003, a total of 2,148 people (1,962 at year-end 2002) were employed at the Hamburg head office and in the 147 GL offices in 78 countries worldwide.