The ServiceMaster Company Reports Preliminary First-quarter 2012 Financial Results


· First-quarter operating revenue increased 6.5% to $655 million
· First-quarter operating income increased 130% to $55 million
· First-quarter operating performance improved 32.5% to $101 million
· Customer retention improved at TruGreen, Terminix, American Home Shield and Merry Maids
· Refinanced $600 million of 10.75% senior notes with 8% senior notes in First Quarter
· Amended and extended revolving credit facility to 2017

Memphis, Tenn., May 10, 2012 — The ServiceMaster Company, one of the world’s largest residential and commercial service networks, today announced preliminary, unaudited first-quarter 2012 results, led by a 6.5 percent increase in operating revenue, to $655 million, and a 130 percent increase in operating income, to $55 million, compared to the same period in 2011. The company’s operating performance increased 32.5% to $101 million compared to the same period in 2011.

“I’m extremely pleased by our first-quarter results, which reflect the hard work and...

ServiceMaster

With a network of more than 5,100 company-owned and franchise locations, Memphis-based ServiceMaster is one of the world’s largest residential and commercial service networks. The company’s high profile brands are TruGr...

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