Rentokil Initial captures increased revenues

0 mins. to read
Rentokil Initial captures increased revenues
Wozzie /
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).

Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?

The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.

Book your FREE tickets today using code: MIBLOG

Comments (0)

Leave a Reply

Your email address will not be published.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


Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.