Summary
Pest control specialists Rentokil Initial rejected claims of insider dealing in allowing departed chairman Sir Clive Thompson's pounds 9.2 million share sale little over a month before yesterday's severe profit warning.
The company vowed to get back to basics as falling profits for the first four months of 2004 marked an 'extremely disappointing' start to the year.See the full content of this document
Extract
Rentokil Smells No Insider Trading Rat
It said it would be looking at investing in training and personnel to improve productivity as pre-tax profits slumped by 6.2 per cent despite a three per cent rise in sales.
Profits for 2004 would ...See the full content of this document
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