ATLANTA, April 27, 2016 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL), a premier global consumer and commercial services company, reported strong unaudited financial results for its first quarter ended March 31, 2016.

The Company recorded first quarter revenues of $352.7 million, an increase of 6.6% over the prior year's first quarter revenue of $330.9 million.  Income before income taxes rose 9.8% to $51.2 million compared to $46.6 million for the prior year's first quarter.  Rollins' net income increased 5.4% to $31.9 million or $0.15 per diluted share for the first quarter ended March 31, 2016, compared to $30.3 million or $0.14 per diluted share for the same period in 2015.  Net Income for 2016 did not include a favorable non-recurring tax adjustment present in 2015's Net Income.

On January 26, 2016, Rollins increased its regular quarterly cash dividend to shareholders 25% to $0.10 per share.  Additionally, in the first quarter of 2016, the Company announced it purchased 54,208 shares of the Company's stock under its share repurchase program.  In total, 5.9 million additional shares may be purchased under previously approved programs by the Board of Directors. 

Gary W. Rollins, Vice Chairman and Chief Executive Officer of Rollins, Inc. stated, "We are pleased to have reported solid year-over-year improvement in revenue, net income, and profit margin for the first quarter.  These results reflect our team's ongoing commitment to invest in our business through acquisitions, productivity initiatives, sales, marketing, and other programs."      

Mr. Rollins, concluded, "On March 1, 2016, we acquired Murray Pest Control, a leading pest control provider in South Australia that will continue our expansion in Australia since entering the country in 2014.  This acquisition along with our international franchise expansion will further establish the Company's global presence." 

Rollins, Inc. is a premier global consumer and commercial services company. Through its wholly owned subsidiaries, Orkin LLC., HomeTeam Pest Defense, Orkin Canada, Western Pest Services, Critter Control, Inc., The Industrial Fumigant Company, Trutech LLC., Rollins Australia, Waltham Services LLC., PermaTreat, and Crane Pest Control, the Company provides essential pest control services and protection against termite damage, rodents and insects to more than two million customers in the United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia from more than 700 locations. You can learn more about our subsidiaries by visiting our web sites at www.orkin.com, www.pestdefense.com, www.orkincanada.ca, www.westernpest.com, www.crittercontrol.com, www.indfumco.com, www.trutechinc.com, www.allpest.com.au, www.walthamservices.com, www.permatreat.com, www.cranepestcontrol.com, www.murraypestcontrol.com.au, www.statewidepestcontrol.com.au, and www.rollins.com.  You can also find this and other news releases at www.rollins.com by accessing the news releases button.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about the Company's continuous commitment to invest in our business through acquisitions, productivity initiatives, and other programs and the Company's acquisition of Murray Pest Control establishing our global presence in international pest management and providing a meaningful opportunity for longer term growth.  The actual results of the Company could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties, including without limitation, economic and competitive conditions which may adversely affect the Company's business; the degree of success of the Company's pest and termite process, and pest control selling and treatment methods; the Company's ability to identify and integrate potential acquisitions; climate and weather trends; competitive factors and pricing practices; the Company's ability to attract and retain skilled workers, and potential increases in labor costs; uncertainties of litigation; and changes in various government laws and regulations, including environmental regulations.  All of the foregoing risks and uncertainties are beyond the ability of the Company to control, and in many cases the Company cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward-looking statements.  A more detailed discussion of potential risks facing the Company can be found in the Company's Report on Form 10-K filed with the Securities and Exchange Commission for the year ended December 31, 2015.

ROL-Fin

CONFERENCE CALL ANNOUNCEMENT
Rollins, Inc.
(NYSE: ROL)

Management will hold a conference call to discuss
First Quarter 2016 results on

Wednesday, April 27, 2016 at:
10:00 a.m. Eastern
 9:00 a.m. Central
 8:00 a.m. Mountain
7:00 a.m. Pacific

TO PARTICIPATE:
Please dial 800-533-9703 domestic;
785-830-1926 international
at least 5 minutes before start time.

REPLAY: available through May 4, 2016
Please dial 888-203-1112/719-457-0820, Passcode: 7012944
THIS CALL CAN ALSO BE ACCESSED THROUGH THE INTERNET AT
www.viavid.com

Questions?
Contact Samantha Alphonso at Financial Relations Board at 212-827-3746
Or email to salphonso@mww.com

For Further Information Contact
Eddie Northen (404) 888-2242

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SOURCE Rollins, Inc.