Rentokil hit by textile disappointment

Services group Rentokil Initial dealt a blow to recovery hopes today by reducing profits expectations at its biggest division.

Rentokil hit by textile disappointment
Thu, 24 Aug, 2006 - 10:50

Services group Rentokil Initial dealt a blow to recovery hopes today by reducing profits expectations at its biggest division.

Rentokil blamed tough trading conditions for the disappointment at its textiles and washroom services arm, as profits for the division in the second half of 2006 are now likely to be flat on the first six months.

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