Secret Site Map
Wednesday, November 26, 2014

Home News ServiceMaster Reports 'Modest' Q1 Growth

ServiceMaster Reports 'Modest' Q1 Growth

News Coverage

The parent company of Terminix reported increased first quarter 2011 revenues of $615 million, up 5.9 percent from the first quarter of 2010.

| May 27, 2011

 
Months after Memphis-based The ServiceMaster Co. sold off its TruGreen LandCare subsidiary, the new ServiceMaster CEO said TruGreen lawn services has to improve its performance for investors and for clients of the lawn maintenance service, according to an article in the Memphis Daily News.

ServiceMaster CEO Hank Mullany was blunt about what he considers TruGreen’s poor performance as well as plans for expanding ServiceMaster’s reach.

“These results simply aren’t acceptable,” Mullany told investors and analysts Wednesday, May 25, on a first quarter financial results conference call.

The ServiceMaster Co. reported increased first quarter 2011 revenues of $615 million, up 5.9 percent from the first quarter of 2010.

The company’s first quarter earnings call Wednesday was the first since Mullany became CEO in April.

Interim Chief Financial Officer David Martin termed the results “modest growth in revenue and operating performance” for a quarter that is traditionally “the least important reporting period” for the company.

Source: Memphis Daily News

Top news

Bed Bugs Can Transmit Parasite that Causes Chagas Disease

A new study from Penn Medicine researchers in the Center for Clinical Epidemiology and Biostatistics demonstrated that bed bugs, like the triatomines, can transmit Trypanosoma cruzi, the parasite that causes Chagas disease.

NPMA Announces Opening for Director of Regulatory Affairs Position

The National Pest Management Association (NPMA) is seeking a qualified regulatory affairs professional to direct the day-to-day management and execution of NPMA’s federal and state regulatory affairs programs

New Liphatech Technical Bulletin Details Rodent Control in Schools

The company’s latest Technical Bulletin provides an in-depth description of variables to consider when developing integrated pest management (IPM) programs in school settings.

Ehrlich Selected to Protect National Landmarks

The company has been selected by the National Park Service to install and maintain effective termite control systems for 14 national historic sites in the Delaware Valley, including Independence Hall.

PCO Caldwell in Country Gospel Music Video

Ronnie Caldwell, president of Innovative Pest Management, Denver, N.C., is one of the stars of the new Bruce Hedrick video 'A Better Man.'

x