Rentokil Initial captures increased revenues

By
0 mins. to read
Rentokil Initial captures increased revenues
Wozzie / Shutterstock.com
Master Investor Magazine

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

FTSE 100 business Rentokil Initial (LON:RTO) has reported that its revenues for the first quarter of 2019 rose by 10.3% driven by the pest control division. Organic growth was 4% with the remainder coming from acquisitions.

Chief executive Andy Ransom said: “We have had a good start to 2019 and I’m pleased with our performance in the first three months of this year. I am confident of another year of successful growth for the Company, in line with market expectations“.

The price of Rentokil Initial shares rose by 1.79% to 374.70p (as of 12:15 BST).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *