Secret Site Map
Sunday, April 19, 2015

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

Family Believed to be Sickened by Pesticide at Virgin Islands Resort

A Delaware family is back home and in the hospital after getting sick while on vacation, due to possible exposure to methyl bromide.

Terminix Acquires Team Too Termite & Pest Control

Team Too, headquartered in Corona, Calif., has five offices throughout California and specializes in commercial and multi-family accounts.

Termidor SC Can Now Be Applied Up to Four Times Per Year

BASF announced the approval of new label use directions by Environmental Protection Agency (EPA) that allow Termidor SC termiticide/insecticide to be used up to four times per year.

Catseye Hosts Ribbon-Cutting Ceremony for New Florida Office

The company's customers and other guests celebrated the one-year anniversary of Catseye's Bonita Springs, Fla., office.

Tick-Borne 'Bourbon Virus' Cause of Kansas Man's Death

Researchers have identified the cause of a Kansas farmer's mysterious death last summer.

x