Rentokil Initial (RTO)

Sector:

Support

Index:

FTSE 100

471.70p
   
  • Change Today:
    -0.80p
  • 52 Week High: 655.20
  • 52 Week Low: 392.50
  • Currency: UK Pounds
  • Shares Issued: 2,524.54m
  • Volume: 8,439,679
  • Market Cap: £11,908m
  • RiskGrade: 127

Rentokil Q3 revenues up more than 10% YOY

By Iain Gilbert

Date: Tuesday 01 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Services group Rentokil Initial saw "continued momentum" across the group in the third quarter, with revenues up double-digits year-on-year.
Rentokil said ongoing and total revenues were both up 18.9% at £900.9m and £901.3m, respectively.

The FTSE 100-listed group also noted it had "continued to successfully manage inflationary pressures" and maintained its full-year outlook for the underlying business.

Chief executive Andy Ransom said: "This has been another good quarter for Rentokil Initial. Supported by the essential nature of our services and ability to offset cost inflation through pricing, we continue to deliver both good growth and profitability, while retaining high levels of customer and colleague retention.

Elsewhere, Rentokil completed its acquisition of Terminix during the quarter, creating a "global leader" in pest control, and hygiene and well-being, and the leader in pest control in North America.

"We are delighted to have closed the Terminix transaction in October and we extend our thanks to everyone who helped us reach this milestone. We have hit the ground running in execution of our integration plans to capture the strategic and financial benefits of the deal. Our cost synergy programme is progressing well with circa $20.0m-$25.0m of annualised synergies expected to be realised by year-end," added Ransom.







Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RTO Market Data

Currency UK Pounds
Share Price 471.70p
Change Today -0.80p
% Change -0.17 %
52 Week High 655.20
52 Week Low 392.50
Volume 8,439,679
Shares Issued 2,524.54m
Market Cap £11,908m
RiskGrade 127

RTO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.02% below the market average98.02% below the market average98.02% below the market average98.02% below the market average98.02% below the market average
91.11% below the sector average91.11% below the sector average91.11% below the sector average91.11% below the sector average91.11% below the sector average
Price Trend
34.63% below the market average34.63% below the market average34.63% below the market average34.63% below the market average34.63% below the market average
50.5% below the sector average50.5% below the sector average50.5% below the sector average50.5% below the sector average50.5% below the sector average
Income
80.33% below the market average80.33% below the market average80.33% below the market average80.33% below the market average80.33% below the market average
81.54% below the sector average81.54% below the sector average81.54% below the sector average81.54% below the sector average81.54% below the sector average
Growth
57.62% above the market average57.62% above the market average57.62% above the market average57.62% above the market average57.62% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 4
Neutral 6
Sell 1
Strong Sell 2
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RTO Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 03-Aug-23
Paid 15-May-24 11-Sep-23
Amount 5.93p 2.75p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 2,589,955 @ 471.70p
16:35 1,259 @ 471.70p
16:35 4,009 @ 471.70p
16:35 2,760 @ 471.70p
16:35 2,010 @ 471.70p

RTO Key Personnel

CEO Andy M. Ransom
Chair Richard Solomons
CFO Stuart Ingall- Tombs

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