The pest control and cleaning firm of Britain, Rentokil Initial Plc (RTO. L) posted a fifteen percent increase in full-year pretax profit and stated that it will focus on improving its grappling City Link business in 2011.

The company deals in textiles and washrooms services, parcel deliveries and tropical plants. It said on Friday that the firm’s adjusted pretax profit had risen to one hundred and ninety two millions and three hundred thousand pounds equivalent to $310.3 million after strong performances made in pest control and facilities services, as well as in the Asia Pacific region.

An agreement forecast supplied by the company said it had expected Rentokil Initial to post full-year pretax profit of one hundred and ninety three million pounds.

Rentokil further said that its courier service City Link's structural issues were largely solved but its poor operational performance was compounded by cold weather conditions that affected Britain over Christmas.

The company also said that poor performance of Benelux happened due to weak operational control and severe price competition.

Rentokil further said that in order to improve performance at City Link, whose managing director Stuart Godman resigned in the month of December, it would bring into effect a turnaround plan which included investing in customer care, raising the number of employed drivers and making cost savings of sixty million pounds.

City Link can expect to get rid of its operational inefficiencies by the month of October 2011 but financial delivery will be weak until then, stated Alan Brown, the Chief Executive Officer of Rentokil in a statement.

Shares in the company closed at ninety eight pence on Thursday, down nearly seventeen percent from the previous year, giving the business a valuation of around 1.8 billion pounds.