11:25 06 May 2013
It’s difficult to take a loss when you’ve invested in a service or product that you believe in. Business has been difficult in many areas around the globe and the UK is no exception.
The business City Link, a division of Rentokil Initial, was finally sold off for a mere £1.
Though City Link lost Rentokil Initial an amount around £26m last year, Rentokil Initial has proven its financial success by still earning money even after considering the significant loss from its City Link division.
Here are five of the positive financial improvements we can expect, and in some cases have already witnessed as a result of this latest business decision to sell City Link.
Rentokil Initial will be gaining much more attention, and investors will be certain to watch this company closely. Special attention will be given to how the company is able to fare without the financial losses, especially in light of the slow market they encountered for the previous quarter.
Disclaimer: Supanet is not responsible for, and disclaims any and all liability for the content of comments written by contributors to this website
x Share us on Facebook