New Survey: TRSA Member Sales Growing Briskly
Last year was a good year for TRSA members. Revenue grew significantly in 2005, with members’ sales increasing by 7.9%, according to TRSA’s latest Industry Performance Report. This is the second year in a row the annual study of TRSA members showed a 7%-plus growth in business. But unlike 2004, when profitability was similar to the prior year, the 2005 report shows that the pretax profit margin went up 2.6%.
Healthcare textile services particularly fueled growth, with operators in this sector reporting sales increases of 15.7%, more than double that of any other segment. But profitability remained ...
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