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Aramark Corp. reported net income of $30.9 million, compared with $261 million in the previous 12-month period, for its fiscal year ended September 30, 2007
Food Management Staff
January 7, 2008
1 Min Read
FM Staff
Aramark Corp. reported net income of $30.9 million, compared with $261 million in the previous 12-month period, for its fiscal year ended September 30, 2007. Aramark said in a Securities and Exchange Commission filing that expenses related to its going private in January and higher interest costs were factors in the profit decline. The company’s long-term debt rose to $5.8 billion in September from $1.8 billion the year before because of the leveraged buyout
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