Fleet Management

Rollins' Posts Gains In First Quarter

January 21, 2000

SHARING TOOLS        | Print Subscribe
Rollins Truck Leasing Corp. posted net profits of $14.8 million on revenues of $169.6 million for its first fiscal quarter 2000 which ended December 31.
First quarter 1999 profits were $14 million on revenues of $155.5 million. The company noted that the first quarter increase was achieved without any contrubution from UPS Truck Leasing which Rollins bought early in January.
Full-service lease revenues were up 11% due to strong internal growth plus the impact of two other recent acquisitions. Guaranteed maintenance revenue was up 8% over the prior year, which Rollins said was the highest growth rate in this service in several years. Commercial rental revenue was up 7% due to a slightly larger fleet and continued strong utilization.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.

GotQuestions?

Lubricants

The expert, Mark Betner from CITGO, will answer your questions

View All

GotQuestions?

Suspension

The expert, Rence Oliphant from Hendrickson, will answer your questions

View All