Rentokil Initial (including Initial City Link) interim Results for the half year to 30th June 2003
Parcels Delivery turnover was up by 18.9% at #103.3m with operating
profits at #13.7m up by 10.5%. UK turnover grew by 15.5% to #99.1m with
a 9.1% increase in operating profits, the margin adversely impacted by
the higher proportion of non-premium next day consignments.
Figures for parcel delivery division
6 months to 6 months to Year to 31st
30thJune03 30th June02 December02
£m £m £m
Business turnover
103.3 86.9 185.9
Operating profit
13.7 12.4 28.3
