Plumbing and Mechanical

Roto-Rooter 2003 Sales Up, Profits Down

March 1, 2004
Roto-Rooter Inc. reported 2003 revenues for its Plumbing and Drain Service segment rose 3 percent for a total of $260.8 million, despite the $5.1 million loss from the HVAC and nonbrand operations that were exited in 2002. However, net income decreased 33 percent as a result of higher selling, general and administrative costs.