Cintas Corporation Announces Record Revenue for Fiscal Year 2014
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For the businesses unaffected by the Shred-it Transaction, fourth quarter operating income was $165.4 million and grew 10.3 percent over last year's fourth quarter. Fourth quarter operating income as a percent of revenue for these businesses was 15.0 percent, which was an improvement from the 14.2 percent in last year's fourth quarter. Mr. Farmer added, "We continue to see good leveraging of our infrastructure as our revenue grows, and the route capacity added last fiscal year continues to improve in efficiency and allows our service teams to add more products and services for our customers."
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