Secret Site Map
Saturday, April 19, 2014

Home News Rentokil Initial Q3 Profit Rises

Rentokil Initial Q3 Profit Rises

Business

Rentokil Initial reported a rise in pre-tax profit for the third quarter. Operating profit at the pest control business rose 13% in the quarter, reflecting a good performance across the division, and it was up 13% year-to-date.

| November 5, 2010

Rentokil Initial reported a rise in pre-tax profit for the third quarter, despite tough market conditions. The company also said it expects full-year performance in line with current market expectations.

In its third-quarter update, the company said that on a continuing operations basis, pre-tax profit in the period increased 31% to GBP 39.3 million from GBP 30.0 million reported in the prior year. On a currency-neutral basis, pre-tax profit increased 33.9%.

The company recorded impairment of intangible assets and one-off items of GBP 69 million in the quarter, up from last year's GBP 65.4 million. On an adjusted basis, pre-tax profit rose to GBP 57.3 million from GBP 49.6 million. Revenue in the quarter was GBP 622.3 million, flat with last year's GBP 622.6 million. Operating profit improved to GBP 51.0 million from GBP 45.8 million.

Operating profit at the pest control business rose 13% in the quarter, reflecting a good performance across the division, and it was up 13% year-to-date.

Click here to read the entire article.

Source:  http://www.rttnews.com/

Top news

More Mazdas Recalled Due to Spider Problem

The latest recall involves 42,000 Mazda6 midsize sedans from the 2010-12 model years, and equipped with the 2.5-liter, four-cylinder engine.

Win a Copy of the New PCT Commercial Pest Management Book

Enter your name for a chance to win a copy of this new industry resource focused on treating a variety of commercial accounts.

Photos: Bed Bugs vs. Bat Bugs

Additional photos from Dr. Michael Potter for the August PCT feature 'Holy Cow...Bat Bugs and Bird Bugs.'

Allgood Announces Corporate Promotions; Acquisition of Rich Exterminators

The company’s promotions are part of its strategic growth plans. Rich Exterminators is a Lawrenceville, Ga.-based company founded by Howard Rich in 1989.

A Look at Bed Bug Look-Alikes

The IPM Institute of North America has a review of five commonly encountered pests, including bat bugs (pictured), that can be misidentified as bed bugs.