Report Shows Companies ‘Weathering the Storm’

Despite the recession, long-term investments in better systems have helped textile services companies outperform the larger economy in terms of growth. What’s more, profitability in two key sectors actually has risen in the past year. 
 
Those points were among the key findings in TRSA’s recently released 2010 Industry Performance Report. As for growth, compared with a national decline of 2.6% in real GDP, a company with a common TRSA business profile (dominated by linen and healthcare work) lost only 1.8% in revenue. Meanwhile, profits for operators in this area rose—from 4.8% of sales to 5.9%.
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