Browsing Tag
Terminix
2 posts
Rentokil (LSE: RTO) shares remain near their post-results low as North America turnaround faces a harder test
Rentokil Initial is generating more profit, cash and margin from North America, but investors erased a fifth of its value after management prioritised revenue recovery over its old 2027 margin target. Two weeks later, the shares have barely recovered.
Rentokil Initial (LSE: RTO) falls 20% after retiring US margin target
Rentokil Initial delivered stronger first-half profit and cash flow, but abandoning its 2027 North American margin target reopened doubts about the US$6.7 billion Terminix acquisition.