Rentokil Initial plc

RTO

GB00B082RF11

Business Support Services

Market Closed - London S.E. Other stock markets 16:35:05 06/09/2024 BST			5-day change	1st Jan Change
467.40 ^GBX	-0.83%		-3.23%	+6.03%

09-05	Siemens Energy resumes sales of its troubled 4.X onshore wind turbine	RE
08-30	Barclays raises Rolls-Royce price target	AN

Rentokil's sees North America revenue at lower-end of forecast

July 25, 2024 at 08:52 am

(Reuters) - Shares of British pest control company Rentokil Initial fell as much as 6.8% on Thursday after the company said it expects annual organic revenue growth for its North American segment to come in at the lower end of its previous forecast.

The London-listed company in March had forecast full year North America organic revenue to grow within the 2%-4% range.

(Reporting by Yamini Kalia in Bengaluru)

Latest news about Rentokil Initial plc

Siemens Energy resumes sales of its troubled 4.X onshore wind turbine	09-05	RE
Barclays raises Rolls-Royce price target	08-30	AN
Q2 2024: Strong TIC, weak staffers, fairly priced outsourcing and solid Securitas	08-14
Citi ups LondonMetric; UBS cuts Great Portland	07-31	AN
Greencore and Hammerson cut to 'hold'	07-26	AN
RENTOKIL INITIAL : Positive H1 despite slightly weak North America	07-26
Unilever, BAT push FTSE 100 higher	07-25	RE
Rentokil Initial plc Declares an Interim Dividend, Payable on 16 September 2024	07-25	CI
Rentokil shares fall as lowers annual guidance	07-25	AN
Rentokil hit by N.America woes; no immediate re-listing plans	07-25	RE
Barclays and Berenberg cut Ascential	07-25	AN
Transcript : Rentokil Initial plc, H1 2024 Earnings Call, Jul 25, 2024	07-25
Rentokil's sees North America revenue at lower-end of forecast	07-25	RE
FTSE 100 tumbles as gold miners weigh; Unilever surges after profit beat	07-25	RE
Rentokil Initial Logs Growth in H1 Attributable Profit, Revenue	07-25	MT
Earnings Flash (RTO.L) RENTOKIL INITIAL Reports H1 EPS GBX7.78	07-25	MT
Rentokil Initial plc Reports Earnings Results for the Half Year Ended June 30, 2024	07-25	CI
UBS raises L&G; RBC likes Ricardo	07-23	AN
UK stocks close higher as investors weigh corporate updates, US politics	07-22	RE
Europe pushes higher despite airlines taking hit	07-22	AN
Biden bows out, Wall Street bounces up	07-22
RENTOKIL INITIAL : Rentokil up for sale?	07-22
European stocks unflustered by Biden withdrawal	07-22	AN
Analyst recommendations: Crowdstrike, Estee Lauder, Lyft, Nvidia, Rentokil...	07-22
Europe's STOXX 600 regains some ground after last week's battering	07-22	RE

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Company Profile

Rentokil Initial plc is one of the world's leading service providers to companies. Net sales break down by activity as follows: - distribution of sanitary hygiene, rodent and insect extermination products (72.6%): liquid soap dispensers and paper napkins, wet wipes, dry wipes, cloths, deodorizers, disinfectants, insecticides, anti-parasite agents, etc.; - provision of hygiene and wellness products and services (22.1%): deep cleaning and disinfection services, air treatment and purification, clinical waste management, design, installation and maintenance of plants and floral decorations, etc. for schools, public buildings, hotels, airports, health establishments, industrial companies, etc.; - manufacturing, sale and rental of work clothes (5.2%). The group also provides laundry services to restaurants, hotels, hospitals, and commercial organisations; - other (0.1%) Net sales break down geographically as follows: the United Kingdom (8%), the United States (48.1%), France (9.1%), Australia (4.5%), India (1.6%), Spain (1.5%) and other (27.2%).

Employees

62,931

Sector

Business Support Services

Calendar

17/10/2024 - Q3 2024 Sales and Revenue Release - Trading Update

Related indices

STOXX Europe 600 Index (EUR) , FTSE 100

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