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Guardsmark Reaches and Exceeds a Half-Billion Dollars in Revenue for Calendar Year 2005 |
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NEW YORK, December 22 -- It was announced today in New York by Guardsmark Chairman and President Ira A. Lipman that Guardsmark, LLC revenue for calendar year 2005 will exceed one-half billion dollars, continuing an impressive trend of double-digit growth that has spanned 27 years without acquisition.
It is expected that the company's revenues will exceed $509,000,000 for the 2005 calendar year, an increase of 9.7 percent, or $45,061,000 over the 2004 calendar year's revenue of $464,539,000. Company employment is also at a record high of 18,500 team members.
We expect that all regions of the company will have achieved growth in revenues for the calendar year. Guardsmark is proud of its continued growth, which has averaged double digits for the last 27 years without a single acquisition.
Guardsmark closed Fiscal Year 2005 on June 30 with record revenue, and the first two quarters of Fiscal Year 2006 have continued that momentum. Guardsmark's growth in the first half of FY 2006 has far outpaced its
competitors.
The outstanding growth the company has achieved is a testament to its sustained excellence and the unmatched quality of the service Guardsmark provides its clients. Guardsmark's 18,500 team members relentlessly strive to
exceed customer expectations and provide clients with innovative solutions that address risk management and safety as well as physical security. This commitment to sustained excellence will lead to even more success in 2006. |
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Growth without acquisition |
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| Revenue for the first nine months of fiscal year 2003, ended March
31, 2003, was a record $348,596,523, an increase of 3.6% over the
prior fiscal year's first nine months. |
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During the quarter, Guardsmark introduced "The Time for Urgency is
Now" advertisements, appearing in Fortune, The New York Times, The
Washington Post and other publications. The ads warn against
inaction, urging "the more you do, the safer you are." |
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