A strong all-round H1 19 performance from Rentokil, driven by contributions came from all regions and core businesses – the accelerated top-line growth in hygiene was quite positive. Management has maintained the full-year guidance. We will revise our estimates upwards, incorporating the strong momentum and value-accretive CWS deal.

05 Aug 2019
Positive momentum continues

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Positive momentum continues
Rentokil Initial plc (RTO:LON) | 345 0.3 0.0% | Mkt Cap: 8,710m
- Published:
05 Aug 2019 -
Author:
Mohit Rathi -
Pages:
3 -
A strong all-round H1 19 performance from Rentokil, driven by contributions came from all regions and core businesses – the accelerated top-line growth in hygiene was quite positive. Management has maintained the full-year guidance. We will revise our estimates upwards, incorporating the strong momentum and value-accretive CWS deal.