ATLANTA, May 20, 2024
/PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the
"Company"), a premier global consumer and commercial services
company, held its 2024 Investor and Analyst Conference on
Friday, May 17th at the
New York Stock Exchange (NYSE). During the event, members of
leadership presented on topics underscoring five key points:
- As a scaled player in the North American pest control market,
Rollins intends to leverage a number of distinct competitive
advantages to strengthen its position and deliver exceptional
financial results;
- The Company operates in the large and fragmented pest control
industry that is supported by a number of secular tailwinds;
- Rollins is committed to investing for growth, organically as
well as through disciplined and strategic acquisitions;
- The Company's culture of continuous improvement and
productivity will be further enhanced by ongoing efforts to
modernize certain aspects of the business; and
- Rollins is a financial compounder that will continue to create
shareholder value through disciplined capital allocation.
"Our Company compounds cash flow by growing and acquiring
market-leading pest control businesses. We find the very best
stand-alone businesses, fund their growth, and generate attractive
returns on our investments. We do this with a people-first,
customer-centric mindset that is the foundation on which our
financial engine is built. This is what we've done for decades and
what we will continue to do as we live out the next chapter in our
Company's success story," said Jerry
Gahlhoff, President and Chief Executive Officer.
"Given the underlying environment, ongoing execution, and
opportunities to drive incremental change, we believe that our
medium-term growth algorithm is largely in line with the trajectory
of performance that has been the hallmark of Rollins and reflects
the potential for continued improvement in earnings and cash flow
growth," said Ken Krause, Executive
Vice President and Chief Financial Officer.
An archived webcast of the event is available by logging onto
the Rollins, Inc. website at
www.rollins.com/news-events/ir-calendar.
About Rollins, Inc.:
Rollins, Inc. (ROL) is a premier global consumer and commercial
services company. Through its family of leading brands, the
Company and its franchises provide essential pest control services
and protection against termite damage, rodents, and insects to more
than 2.8 million customers in North
America, South America,
Europe, Asia, Africa,
and Australia, with more than
19,000 employees from more than 800 locations. Rollins is parent to
Orkin, HomeTeam Pest Defense, Clark Pest Control, Northwest
Exterminating, McCall Service,
Trutech, Critter Control, Western Pest Services, Waltham Services,
OPC Pest Services, The Industrial Fumigant Company, PermaTreat,
Crane Pest Control, MissQuito, Fox Pest Control, Orkin Canada,
Orkin Australia, Safeguard (UK), Aardwolf Pestkare (Singapore), and more. You can learn more about
Rollins and its subsidiaries by visiting www.rollins.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release as well as other written or oral
statements by the Company may contain "forward-looking statements"
as defined in the Private Securities Litigation Reform Act of 1995.
We have based these forward-looking statements on our current
opinions, expectations, intentions, beliefs, plans, objectives,
assumptions and projections about future events and financial
trends affecting the operating results and financial condition of
our business. Although we believe that these forward-looking
statements are reasonable, we cannot assure you that we will
achieve or realize these plans, intentions, or expectations.
Generally, statements that do not relate to historical facts,
including statements concerning possible or assumed future actions,
business strategies, events or results of operations, are
forward-looking statements. Forward-looking statements in this
press release include, but are not limited to, statements
regarding: expectations with respect to our financial and business
performance; investments for growth; modernization efforts
enhancing continuous improvement and profitability; disciplined
capital allocation creating shareholder value; and growing and
acquiring market-leading pest control businesses.
These forward-looking statements are based on information
available as of the date of this press release, and current
expectations, forecasts, and assumptions, and involve a number of
judgments, risks and uncertainties. Important factors could cause
actual results to differ materially from those indicated or implied
by forward-looking statements including, but not limited to, those
set forth in the sections entitled "Risk Factors" in our Annual
Report on Form 10-K for the fiscal year ended December 31, 2023 and may also be described from
time to time in our future reports filed with the SEC.
Forward-looking statements should not be relied upon as
representing our views as of any subsequent date, and we do not
undertake any obligation to update forward-looking statements to
reflect events or circumstances after the date they were made,
whether as a result of new information, future events or otherwise,
except as may be required by law.
Investor Contact:
InvestorRelations@rollins.com
(404) 888-2000
View original content to download
multimedia:https://www.prnewswire.com/news-releases/rollins-provides-updates-on-strategic-priorities-and-growth-initiatives-reinforces-powerful-model-for-value-creation-302149670.html
SOURCE ROLLINS, INC.