Revenue for the year to 31 May was $3.5billion, a 6.0% decrease from the year before.
Announcing the results, Cintas CEO Scott Farmer said that although the fourth quarter results were encouraging, the company believes that USA private sector job recovery will be sluggish and the return to pre-recession employment levels will take time. The group continues to focus on adding more customers and providing additional products and services to existing customers.
“After two years of very difficult economic times, we expect a return to growth in sales and profits in fiscal 2011,” he said. The company is forecasting 2011 revenue in the range of $3.55billion – $3.75billion.
