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The Dwyer Group, Inc. Reports Increase in 2002 Net Income
Mar 19, 2003
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The Dwyer Group, Inc., reported a net profit of U.S. $2.9 million or $0.40 per share, on a diluted basis,
for the year ended Dec. 31, 2002, versus a net profit of $2.3 million or $0.33 per share for the year ended December 31, 2001. Revenues for 2002 increased by 16 percent to $25.9 million from $22.4 million in 2001.

For the fourth quarter of 2002, the Company earned $799,000 or $0.11 per share, on a diluted basis, versus $485,000 or $0.07 per share in 2001, an increase of 65 percent. Revenues for the quarter increased 10 percent to $6.8 million in 2002 from $6.2 million in 2001.

The Dwyer Group, Inc., supports more than 800 franchisees in the U.S. and Canada, and, through master licensees, approximately 275 franchisees in 15 other countries operating the following concepts: Mr. Rooter®, Rainbow International®, Glass Doctor®, Mr. Electric®, Mr. Appliance® and Aire Serv®.

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