Missed the 20%

Article Abstract:

Rentokil could achieve profit growth of some 15% in 1999, rather than a previous figureof 20%, and news of this drop in growth has affected the company's stock price. The company has offered quality and consistency and has been successful in attracting customers, but there are constraints in the United Kingdom market which accounts for more than half of Rentokil's profit. The company had set itself a goal of 20% annual profit growth which has been abandoned, and critics argue that this should have been done sooner.

Professional, Scientific, and Technical Services, BUSINESS SERVICES, Services industry, Service industries

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Quietly does it: Russia's small businesses

Article Abstract:

Small businesses are thriving in Russia, though official statistics do not report this as being the case. This is because many of these businesses are part of Russia's underground economy, which allows them to avoid taxation but keeps their growth limited.

Small business, Russia, Underground economy

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Who ya gonna call? Managing service businesses

Article Abstract:

Rentokil has really blossomed since Clive Thompson became chief executive in 1982. Since then the company has averaged 21% annual growth in pre-tax profits. The company has diversified from pest control to a wide range of environmental services.

Pollution control industry, Pest control services, Environmental services industry, Pest control services industry

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