Rollins Inc. (NYSE: ROL) reiterated its medium-term growth targets and strategic priorities, according to a company statement. The Atlanta-based pest control company outlined expectations for 7-8% organic growth annually, supported by market expansion, pricing strategies, and commercial growth initiatives.

The company targets 2-3% additional annual growth through acquisitions, citing opportunities in what it describes as a fragmented market valued at over $20 billion. Rollins reported 25 consecutive years of revenue and adjusted EBITDA growth and is approaching its 100th consecutive quarter of revenue growth.

Management emphasized the company's recurring revenue model and stated objectives for incremental margins of 30-35% from core business operations and free cash flow conversion above 100%. The company serves approximately 2.8 million customers across North America, South America, Europe, Asia, Africa, and Australia through multiple brands including Orkin and Critter Control.

"Our company compounds cash flow by acquiring and growing market-leading pest control businesses," said Jerry Gahlhoff, President and Chief Executive Officer. "We find the very best stand-alone businesses, fund their growth, and generate attractive returns on our investments."

Ken Krause, Executive Vice President and Chief Financial Officer, stated the company believes its "value creation algorithm remains both compelling and sustainable" based on its recurring revenue model and performance across economic cycles.

The company operates from more than 850 locations with approximately 22,000 employees. Rollins' growth strategy combines organic expansion with acquisitions in the pest control services sector.