Rentokil Initial PLC

Rentokil Initial Plc engages in the provision of business support services. Its products and services protect people from the pest-borne disease and the risks of poor hygiene. It operates through the following geographical segments: France, Benelux, Germany, Southern Europe, and Latin America. The firm focuses on route-based services, predominately in pest control and hygiene as well as other smaller services including plants, medical, property care. The company was founded by Harold Maxwell-Lefroy in 1925 and is headquartered in Camberley, the United Kingdom.

Earnings data Q2 2024

Rentokil Initial Plc engages in the provision of business support services. The firm's products and services protect people from pest-borne disease and the risks of poor hygiene. It operates through the following geographical segments: North America, Europe, UK and Sub-Saharan Africa, Asia and MENAT, and Pacific. The company was founded by Harold Maxwell-Lefroy on September 24, 1924 and is headquartered in Crawley, the United Kingdom.

Rentokil Initial plc (NYSE:RTO ) Q1 2024 Sales/Trading Statement Call April 18, 2024 4:30 AM ET Company Participants Andy Ransom - Chief Executive Officer Stuart Ingall-Tombs - Chief Financial Officer Conference Call Participants Annelies Vermeulen - Morgan Stanley Suhasini Varanasi - Goldman Sachs James Rose - Barclays Sylvia Barker - JPMorgan Nicole Manion - UBS Allen Wells - Jefferies Operator Welcome everyone, and thank you for standing by for the Rentokil Initial First Quarter 2024 Results Conference Call. With us today are Chief Executive, Andy Ransom and CFO, Stuart Ingall-Tombs.

Rentokil Initial plc (RTO) Q1 2024 Sales/Trading Statement Call Transcript

Rentokil Initial PLC (LSE:RTO)'s revenues were up 4.9% in the first quarter, or 3.1% on an organic basis when stripping out the impact of acquisitions including HiCare in India. North American growth “stabilised” in the quarter, the FTSE 100-listed group said, with organic revenues up 1.5% in the region.

Rentokil dips following first-quarter results

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GEO or RTO: Which Is the Better Value Stock Right Now?

Multinational pest controller Rentokil Initial PLC's (LSE:RTO) first-quarter results next Thursday will be closely watched for signs of the health of the key US market.  In October, shares in the FTSE 100 group plummeted on a warning about softer trading in North America, where it generates around half of revenues after the acquisition of Terminix a year earlier.

Rentokil first quarter awaited keenly at start of key year

Rentokil Initial PLC (LSE:RTO) has announced the acquisition of India's second-largest pest control company, HiCare. Covering commercial, residential and termite pest control, HiCare has 30 branches in India and is being bought as part of Rentokil's plans to expand into the country, the firm announced on Tuesday.

Rentokil acquires Indian pest control business

Galliford Try Holdings PLC (LSE:GFRD) has announced the appointment of Rentokil Initial PLC (LSE:RTO) financial controller Kris Hampson as its chief financial officer. He will join the board no later than September, replacing Andrew Duxbury, the construction firm said in a statement on Thursday.

Galliford Try appoints Rentokil's Kris Hampson as chief financial officer

Annual Report and Annual General Meeting CRAWLEY, UK / ACCESSWIRE / March 27, 2024 / In compliance with Listing Rule 9.6.1, the Company announces that the following documents, in unedited full text, have today been filed with the Financial Conduct Authority and are available for inspection via the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism: Annual Report and Financial Statements for the year ended 31 December 2023 (the Annual Report 2023); Notice of 2024 Annual General Meeting (AGM); and Proxy Form for the 2024 Annual General Meeting. The documents will be posted today and the Annual Report 2023 and the Notice of 2024 AGM have been published on the Company's website at rentokil-initial.com/investors.

Rentokil Initial PLC Announces Annual Financial Report

The Multi-Year Deal will Support both Men's Professional Leagues and all Pre-Professional USL Properties MEMPHIS, Tenn. , March 21, 2024 /PRNewswire/ -- Terminix®, a Rentokil Terminix company, is thrilled to announce a multi-year partnership with the United Soccer League (USL), reinforcing its commitment to supporting communities and protecting what matters most, consumers and sports fans alike, whether in the stadium or in the home.

TERMINIX® IS NAMED THE OFFICIAL PEST CONTROL PARTNER OF THE UNITED SOCCER LEAGUE

Rentokil Initial PLC's (LSE:RTO) results earlier this month are exterminating some of the worries about its acquisition of Terminix in the US, said brokerage Stifel, but the most risky period is coming in the second half of 2024.  In October, shares in the pest control group, which generates around half of its revenue in the US, plunged after it warned that softer trading in North America would mean performance would be “marginally” below previous expectations.

Rentokil reassurance received on North America, but 2024 is key year - broker

Rentokil Initial plc (NYSE:RTO ) Q4 2023 Earnings Conference Call March 7, 2024 5:15 AM ET Company Participants Andrew Ransom - CEO Stuart Ingall-Tombs - CFO Brad Paulsen - CEO, North America Conference Call Participants Suhasini Varanasi - Goldman Sachs James Rose - Barclays Andy Grobler - BNP Paribas Exane Ian Zaffino - Oppenheimer Nicole Manion - UBS Dominic Edridge - Deutsche Bank Allen Wells - Jefferies Chris Bamberry - Peel Hunt Andrew Ransom Good morning, ladies and gentlemen. Thank you all for joining us today.

Rentokil Initial plc (RTO) Q4 2023 Earnings Call Transcript

Rentokil shares enjoyed their best day for months as full-year profits soared, easing some of the concerns over its Terminix acquisition. Shares in the pest control specialist tanked by more than a quarter in October after it warned over trading in its US operations, but most of that was recouped today as it indicated things were better than hoped.

Rentokil rallies as North America worries ease

Rentokil raised its synergies expectations from the Terminix acquisition and laid out new plans for North America, aiming to achieve full-year revenue growth there of 2%-4%.

Rentokil Sees Better Terminix Synergies

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Roof Rats, Termites and Cockroaches are thriving in changing environmental conditions MEMPHIS, Tenn. , Feb. 1, 2024 /PRNewswire/ -- According to the NIDIS ( National Integrated Drought Information System ), the total land area of drought conditions in Mountain West and Pacific Coastal states have decreased by 62%, dropping from 74% in January 2023 to 12% in January 2024.

TERMINIX® REVEALS TOP PEST THREATS ACROSS PACIFIC COAST AND MOUNTAIN WEST STATES

Affirm

Investors interested in Business - Services stocks are likely familiar with Rentokil Initial PLC (RTO) and Affirm Holdings (AFRM). But which of these two stocks presents investors with the better value opportunity right now?

RTO vs. AFRM: Which Stock Is the Better Value Option?

Rentokil's share price has fallen so far in recent weeks that it's now a buy according to HSBC even though ‘considerable' concern remains about the longer-term investment case. From 610p before its results a month ago, the share price is now 445p and HSBC says on a conservative view of profit progression and of returns after the Terminix acquisition, there is some upside.

Rentokil share battering too much, suggests HSBC

Rentokil Initial PLC (LSE:RTO) continues to slip following last week's profit warning, but two brokers believe that at these levels the shares have fallen far enough. Barclays is a fan, reiterating a buy rating and 700p price target, stating that its long-term view hasn't changed.

Rentokil Initial weakness offers opportunity for 'patient' investor

Rentokil lowered full-year margin guidance and said its North American wholesale chemical business was under pressure. Terminix is finding it harder to find new customers.

Why Rentokil Stock Is Plunging Today

Rentokil Initial (NYSE: RTO ) stock is falling on Thursday after the pest control company warned investors of slowing demand. According to a press release from the company, demand for its chemical products in North America is waning.

Why Is Rentokil Initial (RTO) Stock Down 20% Today?

British pest control giant Rentokil Initial saw a 32% jump in enquiries about bedbugs from January to September this year compared with a year earlier, it said on Thursday, amid worries of infestation in the UK after reports from France.

Bedbug enquiries on the rise in UK, says pest control firm Rentokil

Organic sales rose 4.2% during the three months to September as trading in its largest market worsened.

Rentokil's Share Price Slumps 14% As North American Market Cools

Rentokil Initial PLC (LSE:RTO) shares plunged after it warned softer trading in North America would mean performance would be “marginally” below previous expectations. The pest control firm, which around half of its revenue in the US, said “near-term market uncertainty” prompted the warning.

Rentokil plunges after warning of weaker North American trading

Company kicks-off month-long food drive to help hungry families during Holiday season MEMPHIS, Tenn. , Oct. 18, 2023 /PRNewswire/ -- Rentokil Terminix, a leading provider of essential pest management and termite services to residential and commercial customers, recently announced donations of $70,000 to Feeding America in the U.S., and $30,000 to Second Harvest in Canada.

Rentokil Terminix Celebrates Merger Anniversary With $100,000 Donation to Feeding America and Second Harvest

An influx of bedbugs is sweeping across France and the UK and while it is causing problems for hoteliers who have been forced to throw out hordes of pest-ridden mattresses, there are a few companies benefitting. Rentokil Initial PLC (LSE:RTO) is one of them.

Rentokil could see lift from Bedbug outbreak ahead of results

Rentokil Initial offers integrated service solutions for pest control, hygiene services, and workwear solutions. The company has grown at a CAGR of 11%, with strong organic growth and consistent acquisitions. RTO has a fantastic business model, with a leading position in numerous segments and deep expertise, allowing for 4-6% organic growth in a mature industry. The company has consistently improved FCF, with scope for further margin improvement as it optimizes acquired entities. This will be a key value lever in the coming years.

News for Rentokil Initial PLC Stock (RTO)