April 19 (Reuters) - Rentokil Initial PLC ::Q1 ONGOING REVENUE OF 545.9 MILLION STG.Q1 REVENUE OF 550.7 MILLION STG VERSUS 580 MILLION STG A YEAR AGO.TRADING HAS STARTED WELL ACROSS BUSINESSES IN Q1 WITH ONGOING REVENUE INCREASING BY 15.7%.Q1 2018 HYGIENE ONGOING REVENUE ROSE BY 29.3% (1.8% ORGANIC, Q1 2017: 3.4%, Q4 2017: -0.2%).GUIDANCE FOR ADVERSE IMPACT OF FOREIGN EXCHANGE ON PROFIT IS IN RANGE OF £10M TO £15M FOR YEAR.IN THREE MONTHS TO 31 MARCH 2018, MADE 11 PEST CONTROL ACQUISITION.SAYS FOR Q1, ONGOING REVENUE IN PROTECT & ENHANCE MARKETS DECLINED BY -0.1% (-0.3 ORGANIC, Q1 2017: -0.9%, Q4 2017: 1.0%).
Full Article
Feb 5 (Reuters) - Rentokil Initial Plc ::MERGER UPDATE.CMA HAS SERVED AN INITIAL ENFORCEMENT ORDER UNDER SECTION 72(2) OF ENTERPRISE ACT 2002 ON RENTOKIL INITIAL PLC, IN RELATION TO COMPLETED ACQUISITION BY RENTOKIL INITIAL PLC OF CANNON HYGIENE LIMITED.
Full Article
Nov 17 (Reuters) - Rentokil Initial Plc :Rentokil Initial plc <<>> has agreed issue of a 400 million euro ($472.36 million) 0.95% bond due November 22 2024..Part of proceeds will be swapped into dollars in line with company's hedging strategy and will be used for general corporate purposes, including repayment of company's 200 million pound and 157 million euro term loans that were due to mature in 2018..
Full Article
Nov 13 (Reuters) - RENTOKIL INITIAL PLC ::ANNOUNCES THAT IS HAS ACQUIRED VECTOR DISEASE ACQUISITION, LLC.
Full Article
Oct 19 (Reuters) - Rentokil Initial Plc ::RENTOKIL INITIAL - ONGOING REVENUE INCREASED BY 13.7% IN Q3, OF WHICH 3.7% WAS ORGANIC REVENUE 2 GROWTH (Q3 2016: 3.1%) AND 10.0% WAS FROM ACQUISITIONS..RENTOKIL INITIAL PLC - CONTINUING STRONG PERFORMANCES IN ASIA, PACIFIC, LATIN AMERICA, AND IN OUR LARGEST MARKET, NORTH AMERICA IN Q3..RENTOKIL INITIAL PLC - EUROPE DELIVERED A FURTHER IMPROVEMENT IN ONGOING REVENUE GROWTH IN QUARTER, WITH REVENUES IN FRANCE UP 2.4% YEAR ON YEAR..RENTOKIL INITIAL - NUMBER OF OPERATIONS WITHIN NORTH AMERICAN, LATIN AMERICAN AND REST OF WORLD BUSINESSES WERE TEMPORARILY DISRUPTED BY SEVERE WEATHER CONDITIONS IN SEPT .
Full Article
Rentokil Initial Plc : H1 - ongoing revenue +11.5%, ongoing adjusted operating profit +11.0% and free cash flow of £57.1m (at aer) on track to meet £110m+ target for year . We are on track to achieve our 2016 revenue, profit and cash expectations - ceo . Interim dividend 0.99 penceper share . H1 adjusted pretax profit 98.3 million stg . Total organic revenue growth +2.5% year on year (fy 2015: +1.8%) . Continued strong m&a execution - 20 acquisitions to 30 june 2016 (16 in pest control) .While conditions in certain parts of europe remain challenging, particularly in france and benelux, prospects in majority of our key markets are good - ceo.
Full Article
Rentokil Initial Plc :Collaboration with Google and PA Consulting Group.
Full Article
Rentokil Initial Plc : Acquisition, CDC contract win and trading update . Company has continued to perform well and our expectations for 2016 at constant exchange rates remain unchanged . Sterling has weakened significantly since announcement and, if recent rates were to prevail for remainder of year, estimated favourable impact of currency movements on our profit for 2016 would be in range of 25-30 mln stg .This would be an increase of 10-15 mln stg on guidance previously given at time of our preliminary results..
Full Article