Contractors' revenue grows 8.3% in FY05

March 2006
FoodService Director;3/15/2006, Vol. 19 Issue 3, p17
Trade Publication
This article reports on the annual Contractor Industry Census Report of "FoodService Director" as of March 2006. Revenues at 50 contract management firms rose 8.3% last year, topping $28 billion. They did so by adding nearly 2,300 accounts to their portfolios and, they hope, by increasing sales at existing locations. At $28.4 billion, the contractors' share of market increases from 24% in 2004 to 25.5% in 2005. In some cases, total revenue figures include facilities management businesses.


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