02.04.2006

United files 2004 and 2005 results

United Rentals announced on Friday that it had filed its year end results for the years ended December 31, 2005, and December 31, 2004, with the Securities and Exchange Commission. This finally brings the company into compliance with the reporting requirements of the New York Stock Exchange.

United still needs to file its quarterly statements for 2005, it has obtained a further extension to the end of April to complete this.

"The filing of our annual financial statements represents another significant step forward for our company,” said Wayland Hicks, chief executive officer. “We are continuing to cooperate fully with the SEC in its ongoing inquiry and are now working toward filing our 2005 quarterly statements."

"Our strong performance in 2005 has continued into the first quarter, with total revenues of $530 million for the first two months, an increase of 14 percent from 2005." He continued

The company's final results for 2005 include revenues of $3.56 billion, and reflect an annual decrease in reported pre-tax income of approximately $3 million in 2005 and 2004, $2 million in 2003 and $1 million in 2002.

For further details see
United reaches agreement with bond holders
United committee reports
United Rentals up 15%