Professional Carwashing & Detailing

Ryko reports one of its best annual performances

January 18, 2013

GRIMES, IA — Ryko Solutions Inc., a provider of carwash equipment, national technical services, cleaning products and marketing programs, recently achieved one of its best annual performances in 40 years of business, according to a press release.

The Jan. 17 release stated that, in 2012, the business’ total corporate revenue approached $90 million with a 22 percent year-over-year increase.

Cover story: Looking forward, looking back

The end-of-year results showed a 38 percent increase in equipment sales and an EBITDA increase of 53 percent. Ryko experienced double-digit growth in all three segments of its business.

Ryko’s primary focus is creating profitability in carwash operations for c-stores, private investors, land developers and auto dealers.

Read the entire press release here.