Business
1st Quarter Results
1st Quarter Results.
About this update from Rentokil Initial Plc
[{"type":"text","content":"\n \nRNS Number : 7088V Rentokil Initial PLC 20 April 2016 \n\n \n \nRENTOKIL INITIAL PLC (RTO)\nFIRST QUARTER TRADING UPDATE\n20 April 2016 \n \n\n \n\n\n\n\n\n (£m) \n\n\n \n\n\nQ1 2016\n\n\nGrowth\n\n\n\n\n \n\n\n \n\n\nAER\n\n\nAER\n\n\nCER\n\n\n\n\nRevenue\n\n\n \n\n\n472.0\n\n\n13.0%\n\n\n10.9%\n\n\n\n\nRevenue - ongoing operations1\n\n\n \n\n\n468.1\n\n\n13.9%\n\n\n11.8%\n\n\n\n\n\n \n\n \nPerformance Overview (CER)\nRevenue from ongoing operations increased by 11.8% in Q1, of which 2.8% was organic and 9.0% was from acquisitions. Pest Control performed strongly in the quarter, growing organically by 6.4% while our Hygiene business showed a continuation of last year's positive trend, growing organically by 2.3%. Growth in our Emerging (+17.8%) and Growth (+19.6%) markets was particularly strong, with the rate of revenue decline in the Manage for Value and Protect and Enhance markets lower than last year at c.-1%.\n \nThe majority of our regions have had a strong start to 2016, in particular North America Pest Control which grew by 54% (6....