VILLA PARK, CA / ACCESSWIRE / June 3, 2016 / Robert L. Cashman, President of Service Team Inc. (OTCPINK: SVTE) announced that Service Team Inc. is continuing its practice of reporting positive results for the three month period ending May 31, 2016. Service Team Inc. has reported a steady growth in sales every Quarter since acquiring Trade Leasing Inc. dba Delta Stag Mfg in June 2013. This Quarter makes the 13th successive Quarter with an increase in sales every Quarter.
For the Quarter ending May 31, 2016 the company is reporting sales of $800,216, compared to the prior Quarter of $709,520. The same Quarter last year had sales of $625,837.
Overall performance for the nine months year to date totaled sales of $2,372,448 compared to the nine month period of the prior year of $1,876,415 or, an increase of Twenty-six percent (26%).
The company has now expensed all of the moving costs and has maintained break even or better profitability during this period.
Mr. Cashman further stated: "This phenomenal growth is attributed to an outstanding team of dedicated employees. We look forward to continued growth and profitability in the future."
About Service Team Inc.:
Service Team Inc. is a fully reporting public company with its stock listed on the OTCPINK using the symbol SVTE. The Company, dba Delta Stag, is a manufacturer of commercial truck bodies and truck parts in the Southern California area. Service Team Inc. acquired 100% of Delta Stag in June of 2013, and since that time has maintained a sustained growth of more than twenty percent (20%) per year.
Safe Harbor Statement: Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as CBYI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Service Team Inc.
18482 Park Villa Place
Villa Park, CA 92861
714-538-5214
Website:
www.deltastag.net
SOURCE: Service Team Inc.