Business
Management Change at City Lin
Management Change at City Lin.
About this update from Rentokil Initial Plc
[{"type":"text","content":"\n RNS Number : 7135X Rentokil Initial PLC 10 December 2010 \n\n \n \n \n10 December 2010\n \n \nManagement Change at City Link\n \nRentokil Initial plc (\"the Company\") announces that Stuart Godman, Managing Director of City Link, has resigned from the business by mutual agreement. Alan Brown, CEO of Rentokil Initial, has assumed day to day management responsibility for City Link until a successor has been appointed. \n \nThe difficult trading conditions experienced by the business in Q3 are continuing in the run-up to Christmas and as a result City Link's full year performance is unlikely to improve upon the prior year. \n \nWhile the severe weather conditions over the last two weeks have had some impact, service levels have otherwise remained excellent as a result of continuing investment in technology and improvements to the network infrastructure. \n \nThe Company's profit expectations for the full year remain unchanged, with the shortfall in City Link being largely compensated by performance elsewhere in the group.\n \n \n- Ends -\n \nNotes to Editors\nRentokil Initial is one of the largest business services companies in the world, operating in all the major economies of Europe, North America, Asia Pacific and Africa. The company has some 68,000 employees providing a range of support services in over 50 countries. Services include textiles and washroom services, pest control, tropical plants, parcels delivery and facilities services.\n \nEnquiries: \n \nMedia enquiries:\nMalcolm Padley, Rentokil Initial plc, +44 (0) 7788 978199\nKate Holgate, Brunswick Group, +44 (0) 20 7404 5959\n \nShareholder/analyst enquiries:\nKatharine Rycroft, Investor Relations, Rentokil Initial plc, +44 (0) 7811 270734\n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END BOATLBPTMBAMBBM \n ","length":3679,"tagName":"div"}]