Press Release
CRAWFORD & COMPANY 1001 SUMMIT BOULEVARD ATLANTA, GEORGIA 30319 (404) 300-1000
FOR IMMEDIATE RELEASE
Crawford & Company Reports 2015 Fourth Quarter and Annual Results
Issues 2016 Guidance

ATLANTA, GA. (March 10, 2016) -- Crawford & Company (
www.crawfordandcompany.com) (NYSE: CRDA and CRDB), one of the world's largest independent providers of claims management solutions to insurance companies and self-insured entities, today announced its financial results for the fourth quarter and year ended December 31, 2015.

The Company's two classes of stock are substantially identical, except with respect to voting rights and the Company's ability to pay greater cash dividends on the non-voting Class A Common Stock (CRDA) than on the voting Class B Common Stock (CRDB), subject to certain limitations. In addition, with respect to mergers or similar transactions, holders of CRDA must receive the same type and amount of consideration as holders of CRDB, unless different consideration is approved by the holders of 75% of CRDA, voting as a class.

Consolidated Results
Full Year 2015 Summary
Revenues before reimbursements of $1.170 billion, a 2% increase over $1.143 billion in 2014
Net loss attributable to shareholders of $(45.5) million, down from net income of $30.6 million in 2014
Restructuring and special charges of $34.4 million pretax, or $0.46 per share for CRDA and CRDB
Goodwill impairment charges of $49.3 million pretax, or $0.86 per share for CRDA and CRDB
Diluted loss per share of $(0.79) for CRDA and $(0.87) for CRDB
Diluted earnings per share of $0.53 for CRDA and $0.45 for CRDB on a non-GAAP basis, before goodwill impairment, restructuring and special charges
Consolidated operating earnings, a non-GAAP financial measure, were $70.4 million in 2015, down from $73.1 million in 2014

Fourth Quarter 2015 Summary
Revenues before reimbursements of $284.9 million, flat with $285.5 million for fourth quarter of 2014
Net loss attributable to shareholders of $(51.7) million, down from net income of $3.3 million in the same period last year
Restructuring and special charges of $18.0 million pretax, or $0.25 per share for CRDA and CRDB
Goodwill impairment charges of $49.3 million pretax, or $0.86 per share for CRDA and CRDB
Diluted loss per share of $(0.93) for CRDA and $(0.95) for CRDB
Diluted earnings per share of $0.18 for CRDA and $0.16 for CRDB on a non-GAAP basis, before goodwill impairment, restructuring and special charges
Consolidated operating earnings, a non-GAAP financial measure, were $19.0 million in the 2015 fourth quarter, compared with $15.3 million in the 2014 period

Page 1 of 13


The following information was filed by Crawford Co on Thursday, March 10, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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