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4-Traders Homepage  >  Equities  >  Nasdaq  >  Cintas Corporation    CTAS

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Cintas Corporation : Cintas Foodservice Director Joins National Floor Safety Institute Board of Directors

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04/30/2012 | 03:55pm CET

-David Collette appointed to 15-member board of flooring safety experts-

Cintas Corporation (NASDAQ: CTAS) today announced the appointment of David Collette to the National Floor Safety Institutes' (NFSI) Board of Directors. As the Director of Foodservice Marketing and Strategy for Cintas, Collette brings extensive experience to the NFSI board and will contribute to its mission of preventing slips, trips and falls in the workplace.

"No one ever thinks a slip and fall accident will happen until it's too late," said Collette. "I look forward to working with the NFSI Board to create standards and programs that will help protect foodservice operators, employees and patrons from the dangers of slips, trips and falls."

At Cintas, Collette is responsible for developing solutions for foodservice operators with a focus on clean and safe floors. Prior to joining Cintas, he served as Senior Product Manager for Diversey, a global provider of institutional cleaning solutions. At Diversey, Collette helped bring floor finish applicator systems, carpet care cleaning systems and microfiber products to market.

Each year, more than 4 million foodservice employees and customers are injured from slip and fall accidents resulting in approximately $2 billion in incurred costs, according to NFSI. As the only comprehensive safe floor program provider in the U.S., Cintas aims to protect its foodservice customers from the risks and liability associated with slips and falls with products and services that protect, maintain and deep clean flooring. By using a complete system of safety matting, customized cleaning chemicals and periodic deep cleaning services, the program provides safety and protection against accidents while improving flooring appearance and durability.

For more information on Cintas safe floor solutions for foodservice, please visit www.cintas.com/foodservice.

About Cintas:

Headquartered in Cincinnati, Cintas Corporation provides highly specialized services to businesses of all types primarily throughout North America. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products, first aid, safety, fire protection products and services and document management services for approximately 900,000 businesses. Cintas is a publicly held company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of the Standard & Poor's 500 Index.

Mulberry Marketing Communications
Andi Vance, (513) 762-5549
avance@mulberrymc.com


© Business Wire 2012
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Financials ($)
Sales 2017 5 206 M
EBIT 2017 823 M
Net income 2017 499 M
Debt 2017 772 M
Yield 2017 1,10%
P/E ratio 2017 25,56
P/E ratio 2018 24,18
EV / Sales 2017 2,55x
EV / Sales 2018 2,38x
Capitalization 12 511 M
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Mean consensus HOLD
Number of Analysts 15
Average target price 125 $
Spread / Average Target 4,7%
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Scott Douglas Farmer Chairman & Chief Executive Officer
James Phillip Holloman President & Chief Operating Officer
J. Michael Hansen Chief Financial Officer & Senior VP-Finance
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