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Rollins Posts 4th Quarter and Full Year 2013 Record Financial Results

February 4, 2014

Rollins, Inc. , a consumer and commercial services company, reported unaudited financial results for its fourth quarter and year ended December 31, 2013 . In a release on January 29 , the Company reported fourth quarter revenues of $324.7 million , an increase of 6.0 percent over the prior year's fourth quarter revenue of $306.4 million . Net income increased 22.0 percent to $28.0 million or $0.19 per diluted share for the fourth quarter ended December 31, 2013 , compared to $22.9 million or $0.16 per diluted share for the same period in 2012. Rollins' revenues for the full year rose 5.2 percent to $1.337 billion compared to $1.271 billion for the prior year. Rollins' net income for the full year rose 10.8 percent to $123.3 million , or $0.84 per diluted share, compared to net income of $111.3 million , or $0.76 per diluted share for the same period last year. Gary W. Rollins , Vice Chairman and Chief Executive Officer of Rollins, said, "Once again, the Rollins group of leading pest control companies has achieved our major financial objectives for 2013. These results reflect the execution of our strategic programs that were designed to accelerate our sales, while improving productivity and profit margins." Rollins, concluded, "We are thankful and very proud of our people who made 2013 successes possible and who now are clearly focused on achieving our Company's 2014 objectives." ((Comments on this story may be sent to ))

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Source: Professional Services Close - Up

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