The ServiceMaster Company Reports Preliminary Full-Year and Fourth-quarter 2012 Financial Results


· Full-year operating revenue decreased 0.4% to $3.2 billion
· Full-year operating loss was $533 million, which included non-cash goodwill and trade name impairment charges of $909 million
· Full-year operating performance decreased 7.8% to $563 million
· Fourth-quarter operating revenue decreased 2.5% to $676 million
· Fourth-quarter operating income decreased 12.4% to $39 million
· Fourth-quarter operating performance decreased 37.4% to $81 million
· In the first quarter of 2013, extended maturity date of $1.2 billion under Term Facility from 2014 to 2017

MEMPHIS, TENN, ― February 26, 2012 — The ServiceMaster Company, one of the world’s largest residential and commercial service networks, today announced preliminary unaudited 2012 results, including operating revenue of $3.2 billion, a decline of 0.4 percent compared to 2011 results. The company reported a 2012 operating loss of $533 million, which included non-cash goodwill and trade name impairment charges of $790 million...

ServiceMaster

About ServiceMaster
With a global network of more than 6,900 company-owned, franchise and licensed locations, Memphis-based ServiceMaster is one of the world’s largest residential and commercial service networks. The comp...

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