Date: February 21, 2002
Source: News Room
Waste Management, Inc. (Houston, TX) reported net income of $503 million on revenues of $11.32 billion during 2001, marking a turnaround from the previous year when the company suffered a net loss of $97 million on revenues of $12.49 billion. "As Waste Management exits the second year of what we have referred to as a three year turn-around, we are pleased with our many accomplishments,'' said A. Maurice Myers, the company's chairman, president and CEO. "In 2002 we are focused on cost and operational efficiencies in all parts of our business and on improving our sales effectiveness."
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