Secret Site Map
Monday, April 27, 2015

Home News Rollins Releases 4Q Results

Rollins Releases 4Q Results

Business Strategy

The parent company of Orkin and other brands reported that its fourth-quarter net income rose 12 percent on higher demand for its services.

| January 25, 2012

ATLANTA - Rollins, Inc., parent company of Orkin and other brands, reported that its fourth-quarter net income rose 12 percent on higher demand for its services.

The company reported that net income for the three months ended Dec. 31 rose to $21.6 million, or 15 cents per share, from $19.2 million, or 13 cents per share, a year earlier. That matched analyst expectations, according to FactSet.

Revenue rose 3 percent to $289.1 million.

For the year, net income rose 12 percent to $100.7 million, or 69 cents per share, from $90 million, or 61 cents per share. Revenue rose 6 percent to $1.21 billion from $1.14 billion last year.

"This year we exceeded our revenue and profit plans, and we surpassed the $100 million net income milestone," said CEO Gary W. Rollins.

On Tuesday, Rollins raised its quarterly dividend 14.3 percent to 8 cents from 7 cents. Its next dividend is payable March 9 to shareholders of record on Feb. 10.
 

Top news

Missy Henriksen, PPMA Executive Director, Resigns

The trade association veteran is headed to an allied industry: the National Association of Landscape Professionals. There she’ll be charged with creating the equivalent of the Professional Pest Management Alliance for landscape industry professionals.

Gene White Named Rentokil NA Technical Director

White, who joined Rentokil in May 2013, is now responsible for technical support for North America, including Canada and Mexico.

ESA Announces New ACEs and BCEs for March/April 2015

The Entomological Society of America announced that 22 industry professionals recently earned BCE or ACE credentials.

Cleveland Association Recognizes Hank Althaus with Tom Evans Award

The Greater Cleveland Pest Control Association (GCPCA) recognized Hank Althaus, president of Cincinnati-based Scherzinger Pest Control, with the Tom Evans Award at the association's annual awards banquet.

Loyal Termite & Pest Control Wins 'Reader's Choice' Award

The company was recognized by Richmond Magazine for the fifth straight year.

x