Q1 2020 Earnings Call

Your information destruction in manufacturing and Industrial Service lines as Cindy mentioned our Revenue was tracking to our internal plan in January and February prior to the economic changes that followed in March from covid-19.

It's noted on slide seven regulated waste in compliance Services revenues were 467.3 million dollars compared to 469.2 million in the first quarter of 2019, excluding divestiture and foreign-exchange impact organic growth and regulated waste and compliance services with 3.3% with the majority of growth in January and February as a result of Revenue quality initiatives and continued stabilization of our independent customer Channel while I began of growth in the quarter was strong we did see emerging impacts at the end of the quarter related to the covid-19 pandemic.

Secure information destruction Services delivered revenues of 218.1 million dollars compared to $232 million in the first quarter of 2019, excluding the impact pricing organic Revenue growth was 1.4% This organic growth rate reflects the early impact of covid-19 for the month of March North American Securities confirmation destruction average stops per day. We're down 11% reflecting the reduced operations or closure of customer locations across the country given shelter and place orders.

Communication and related Services revenues were thirty three point six million dollars compared to sixty one point two million in the first quarter of 2019, excluding the impact of divestitures and foreign exchange, which accounted for approximately 27.3 million dollars in lower revenues organic Revenue declined only half a percent due to lower demand during March for Hospital scheduling service office procedures due to the focus on covid-19 patients.