Corporate Profile for Chemed Corp., dated Dec. 6, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex, and many others. -0-
Published Date: Dec. 6, 1996
Company Name: Chemed Corp.
Address: 2600 Chemed Center
255 East Fifth Street
Cincinnati, OH 45202-4726
Main Telephone
Number: 513/762-6900
Chief Executive
Officer: Edward L. Hutton
Chief Financial
Officer: Timothy S. O'Toole, Executive Vice President &
Treasurer
Investor Relations
Contact: Investor Relations Dept.
Business number: 513/762-6927
Public Relations
Contact: Timothy S. O'Toole
Business number: 513/762-6702
Trading Symbol: CHE
Industry: Diversified Services
Company description: Chemed Corp. is a diversified service-oriented company with more than 7,000 employees in four major operations: -- The Omnia Group (100% owned), a provider of high-quality, low-cost medical and dental disposable products Disposable products are items that are not intended by the manufacturer to be reused more than once or a few times as compared to more permanent serviceable and reusable items. Some products that have disposable versions are:
Chemed also maintains a portfolio of investments that contributes to net income growth. Among these investments are Omnicare Inc., the largest independent U.S. provider of pharmacy management services to the long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. market, and EXEL Ltd., a provider of excess umbrella insurance refers to insuring more than one property as opposed to insuring only one. For example the owner might get a discount for insuring both his house and car rather than insuring them with separate policies because it might cost more. , a class of liability insurance. Chemed's 1995 sales and service revenues totaled $699.7 million, and net income was $20.6 million. For the first nine months of 1996, Chemed's net income of $22.3 million increased 17 percent over the same prior-year period. Chemed's low stock price in 1995 was $30 3/4 and its high was $40 1/8. Chemed has paid a dividend for 102 consecutive quarters in its 25 years as a public company, and its annual dividend has increased every year. CONTACT: Chemed Corp. |
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