Sirva Reports Preliminary Results for 2005

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oving company Sirva Inc. announced Tuesday preliminary financial results for 2005.

The company posted a net loss of $272.6 million, or $3.69 a share, compared with a net loss of $68.7 million, or $0.92 a share in the prior year.

Revenue rose to $3.7 billion, up from $3.2 billion in 2004, Sirva said.

The parent company of Allied Van Lines and North American Van Lines said its net loss in 2005 reflects discontinued operations from divested businesses, including the Transguard Insurance Group and the Pickfords Record Management subsidiary in Australia and New Zealand, in addition to about $260.4 million of non-comparable items.

Sirva is ranked No. 12 on the Transport Topics 100 list of the largest for-hire carriers in the United States and Canada.