Pest control to hygiene and property care firm Rentokil Initial PLC (LON:RTO) has said it expects its 2017 performance to be in line with expectations, as it reported a rise in first-quarter revenues.
In a trading update, the FTSE 100-listed firm said its first quarter revenue was £580mln, up 9.2% at constant currency rates, and 22.9% at actual rates.
It added that ongoing revenue rose by 10% at constant currencies, with 3.1% of that growth organic, and 6.9% from acquisitions.
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The group highlighted continuing strong performances in Asia, Pacific, Latin America, the UK and its largest market, North America.
It said Europe delivered improved ongoing revenue growth in the first-quarter, although revenues in France were broadly flat year-on-year.
Rentokil’s chief executive, Andy Ransom said "Pest Control has performed well across the regions and we remain encouraged by the progress we are continuing to deliver in Hygiene.”
He added: “We are confident that the company will deliver a performance in line with expectations for 2017."