1996 earnings up 13.7% at Nutrition Management

Nation's Restaurant News, Oct 21, 1996 by Richard L. Papiernik

KIMBERTON, Pa. -- Nutrition Management Services Co. completed fiscal 1996 with earnings of $301,954, a gain of 13.7 percent from previous-year earnings of $265,461. Revenues were up 5.4 percent, to $35.14 million, from $33.35 million.

Nutrition Management's chief executive, Joseph Roberts, said the gains were generated despite "increased expenses due to the installation of a companywide computer network, as well as operating losses associated with startup costs for two major customers."

The company, founded in 1979, specializes in food-management services for the health-care industry with a client base that includes nursing homes, acute-care hospitals and rehabilitation centers.