Textile Service News
 
Angelica 3rd Quarter Revenue Up; Declares Dividend 

 
Angelica Corp., St. Louis, MO, recently declared financial results for the third quarter and nine months ending Oct. 27, 2007. Income for the third quarter of ’07 was $4.4 million, up 54% from $2.8 million in fiscal ’06. Revenues for the third quarter of ’07 were $108.8 million, up 1% from $107.8 million in fiscal ’06. Total healthcare revenues increased 2.5%, while non-healthcare revenues declined due to prior divestitures of nonhealthcare accounts. Organic revenue growth, excluding the impact of acquisitions and divestitures, was ...