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How to avoid tax creep in retirement

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Rentokil confident on year ahead but warns on Europe

Reuters - UK Focus

LONDON, Feb 27 (Reuters) - British support services firm Rentokil Initial (LSE: RTO.L - news) said it was confident for the year ahead but cautioned some parts of Europe remained challenging, after it posted a 58.4 percent rise in underlying full-year pretax profit.

The company, which offers services from pest control to work wear supply, said on Friday pretax profit rose to 163.2 million pounds ($251.8 million) for the year ended Dec (Shanghai: 600875.SS - news) . 31.

Rentokil, which operates in more than 60 countries, also raised its total dividend by 12.1 percent to 2.59 pence. ($1 = 0.6481 pounds) (Reporting by Li-mei Hoang; Editing by David Holmes)