Enterprise Publishes Fiscal Year End Results
With revenue of more than $9 billion, Enterprise surpasses new billion-dollar milestone for third consecutive year.
In its fiscal year 2006 (ending July 31), Enterprise posted a company record $9.04 billion in worldwide revenues, up from $8.3 billion in 2005, $7.4 billion in 2004 and $6.9 billion in 2003. In the past 25 years, the company has achieved a compound annual revenue growth rate of 20 percent.
Other highlights included growth across all segments of the company’s rental business, continued expansion of the company’s fleet and business locations and record results for Enterprise Fleet Services, which provides commercial leasing and fleet management services to businesses.
Opening 413 branches during FY 2006, Enterprise Rent-A-Car grew to more than 6,900 local market and on-airport rental locations, and achieved a record combined fleet of more than 878,000 rental and fleet services vehicles, up from 818,000 in 2005.
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