Rentokil Initial (GB:RTO) has released an update.
Rentokil Initial PLC reports a solid performance in the first half of 2024 with a 4.0% increase in revenue and a 4.7% rise in adjusted operating profit at constant exchange rates. The company is seeing positive developments in its North American pest control business, including improved sales retention and brand favourability, contributing to organic revenue growth. Additionally, Rentokil Initial is making a strategic $25 million investment to fuel further growth, with the dividend per share increasing by 14.9%.
For further insights into GB:RTO stock, check out TipRanks’ Stock Analysis page.
