Company Profile For Rentokil Initial Plc

Rentokil Initial Plc (RTO.L) (London Stock Exchange)

sector: Industrials · industry: Commercial Services & Supplies ·

As of 24 Nov 2009

100.90GBp

Price Change

-1.50

Percent Change

-1.46%

Analyst Recommendations

Overview

Rentokil Initial plc is a holding company that, through its subsidiaries, provides a range of business to business support services. As of December 31, 2008, the Company operated in five business segments: Textiles and Washroom Services, Pest Control, Facilities Services, Ambius and City Link. The Company principally operates in United Kingdom, continental Europe, North America, Asia Pacific and Africa. The Asia Pacific segment comprises operations based mainly in Australia, New Zealand and Asia. The North American segment comprises the United States, Canada and Caribbean businesses. On December 31, 2008, the Company purchased Ray Werk, an Austrian Textiles.On January 8, 2008, the Company also made asset purchases of Delcol, a company based in Malaysia supplying bottled water, and on March 1, 2008, purchased Watch All, a pest control business in the United States.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Rentokil Initial plc's revenues increased 7% to £1.26B. Net income from continuing operations decreased 55% to £5.3M. Revenues reflect higher income from Textiles & Washroom Services, Pest Control, Ambius, City Link and Facilities Services segments. Net income was offset by increased operating expenses, higher interest expense and higher amortisation expenses.