Rentokil Initial (RTO)

Sector:

Support

Index:

FTSE 100

397.00p
   
  • Change Today:
    -2.30p
  • 52 Week High: 504.20p
  • 52 Week Low: 341.10p
  • Currency: UK Pounds
  • Shares Issued: 2,524.54m
  • Volume: 13,056,398
  • Market Cap: £10,022m
  • RiskGrade: 127
  • Beta: 1.33

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Interim Dividend2.75p2.40p2.09pn/an/a
Final Dividend5.93p5.15p4.30p5.41pn/a
Total Dividend8.68p7.55p6.39p5.41p1.51p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 5,375.00 3,714.00 2,957.00 2,803.30 2,714.40
Operating Profit/(Loss) 625.00 317.00 347.00 293.80 265.60
Net Interest (141.00) (30.00) (30.00) (72.30) (46.10)
Profit Before Tax 493.00 296.00 325.00 229.80 338.50
Profit After Tax 381.00 232.00 263.00 186.30 283.80
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 381.00 232.00 263.00 186.30 283.80
Attributable to:          
Equity Holders of Parent Company 381.00 232.00 263.00 186.30 283.80
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 15.14p 11.57p 14.16p 10.03p 15.33p
Earnings per Share - Diluted 15.07p 11.51p 14.10p 9.98p 15.24p
Earnings per Share - Adjusted 23.19p 21.34p 18.07p 15.37p 14.43p
Continuing and Discontinued EPS          
Earnings per Share - Basic 15.14p 11.57p 14.16p 10.03p 15.33p
Earnings per Share - Diluted 15.07p 11.51p 14.10p 9.98p 15.24p
Earnings per Share - Adjusted 23.19p 21.34p 18.07p 15.37p 14.43p
           
Dividend per Share 8.68p 7.55p 6.39p 5.41p 1.51p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 951.00 944.00 626.00 402.70 612.90
Intangible Assets 7,042.00 7,303.00 2,164.00 1,922.10 1,673.40
Investment Properties n/a n/a n/a n/a n/a
Investments 65.00 86.00 30.00 27.20 30.00
Other Financial Assets n/a n/a 10.00 37.00 7.60
Other Non-Current Assets 372.00 372.00 150.00 355.30 144.80
  8,430.00 8,705.00 2,980.00 2,744.30 2,468.70
Current Assets          
Inventories 207.00 200.00 136.00 131.30 106.50
Trade & Other Receivables 880.00 830.00 527.00 569.60 500.70
Cash at Bank & in Hand 1,562.00 2,170.00 668.00 1,949.50 1,169.20
Current Asset Investments n/a n/a 2.00 n/a 1.70
Other Current Assets 48.00 37.00 11.00 188.40 7.20
  2,697.00 3,237.00 1,344.00 2,838.80 1,785.30
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 11,127.00 11,942.00 4,324.00 5,583.10 4,254.00
           
Liabilities          
Current Liabilities          
Borrowings 1,261.00 1,480.00 537.00 1,664.20 1,016.20
Other Current Liabilities 1,318.00 1,359.00 853.00 1,038.60 759.20
  2,579.00 2,839.00 1,390.00 2,702.80 1,775.40
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 3,471.00 3,899.00 1,395.00 1,479.40 1,204.00
Provisions 874.00 894.00 142.00 128.80 144.80
Other Non-Current Liabilities 115.00 212.00 133.00 141.50 127.50
  4,460.00 5,005.00 1,670.00 1,749.70 1,476.30
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 7,039.00 7,844.00 3,060.00 4,452.50 3,251.70
           
Net Assets 4,088.00 4,098.00 1,264.00 1,130.60 1,002.30
           
Capital & Reserves          
Share Capital 25.00 25.00 19.00 18.50 18.50
Share Premium Account 14.00 9.00 7.00 6.80 6.80
Other Reserves 532.00 763.00 (1,927.00) (1,926.20) (1,867.70)
Retained Earnings 3,518.00 3,302.00 3,166.00 3,030.60 2,844.10
Shareholders Funds 4,089.00 4,099.00 1,265.00 1,129.70 1,001.70
           
Minority Interests/Other Equity (1.00) (1.00) (1.00) 0.90 0.60
Total Equity 4,088.00 4,098.00 1,264.00 1,130.60 1,002.30
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 737.00 600.00 563.00 523.40 462.90
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (416.00) (1,197.00) (441.00) (497.50) (61.10)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (361.00) 1,323.00 (417.00) 253.50 (221.30)
Net Increase/Decrease In Cash (40.00) 726.00 (295.00) 279.40 180.50
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 19.0 23.8 32.3 33.2 31.4
PEG - Adjusted 2.1 1.3 1.8 5.5 3.1
Earnings per Share Growth - Adjusted 9% 18% 18% 6% 10%
Dividend Cover 2.67 2.83 2.83 2.84 9.56
Revenue per Share 213.63p 185.51p 1.61p 151.27p 146.80p
Pre-Tax Profit per Share 19.59p 14.79p 0.18p 12.40p 18.31p
Operating Margin 11.63% 8.54% 11.73% 10.48% 9.78%
Return on Capital Employed 23.91% 10.63% 0.31% 12.18% 22.71%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 19.0 23.8 3,201.8 33.2 31.4
PEG - Adjusted 2.1 0.0 n/a 5.5 3.1
Earnings per Share Growth - Adjusted 9% 11,600% -99% 6% 10%
Dividend Cover 2.67 2.83 0.03 2.84 9.56
           
Dividend Yield 2.0% 1.5% 1.1% 1.1% 0.3%
Dividend per Share Growth 14.97% 18.15% 18.11% 258.28% (66.22%)
Operating Cash Flow per Share 29.29p 29.97p 30.30p 28.24p 25.04p
Cash Incr/Decr per Share (1.59p) 36.26p (0.16p) 15.08p 9.76p
Net Asset Value per Share (exc. Intangibles) (117.41p) (160.09p) (48.44p) (42.71p) (36.30p)
Net Gearing 77.53% 78.29% 99.92% 105.70% 104.92%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

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.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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