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ServiceMaster Revenue Improves 3.9% in 2010

National News

Terminix reported 2010 revenues of $1.2 billion.

| March 31, 2011

New ServiceMaster CEO Hank Mullany reported a 3.9 percent increase in the company's revenue for 2010 compared to 2009 as part of his initial conference call with analysts Wednesday.

ServiceMaster reported revenue of $3.3 billion for the year, $125.8 million more than in 2009. Terminix reported 2010 revenues of $1.2 billion, on par with last year ($1.089 billion – source PCT Top 100).

Fourth quarter 2010 revenue was up 4.2 percent compared to the same quarter in 2009.

ServiceMaster executives also forecast the company’s fuel costs in 2011 will likely increase by $15 million to $20 million compared to 2010.

Source: ServiceMaster

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