The company also announced that Vincent Costantini would not stand for re-election to the company's board of directors, due to the increased demands of his other business interests.
"We have a great team at Comfort Systems USA with significant experience both in the industry and with our company. We are starting this year with a record backlog and strong balance sheet amid improving industry conditions. While we have previously noted that we expect a down first quarter as compared to last year's solid first quarter due to the effects of extended inclement weather in California and uneven customer schedules at a large operation with significant backlog, we also continue to expect that our results for 2005 as a whole will reflect another year of growth. Overall, Comfort Systems USA has never been in better shape to continue building value for all its stakeholders," said Bill Murdy, Comfort Systems USA's chairman and chief executive officer.
Publication date: 04/04/2005