Rentokil remained on a solid footing in FY19, and once again outpaced its mid-term targets. Besides the healthy Pest Control and Hygiene businesses, the recovery in the Protect & Enhance segment was a shot in the arm. While management anticipates the Coronavirus will inflict some pain in Q1 FY20, it remains confident about a strong show in FY20. All the mid-term targets have been reiterated.
27 Feb 2020
Rentokil enters into FY20 with confidence
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Rentokil enters into FY20 with confidence
Rentokil Initial plc (RTO:LON) | 412 -27.6 (-1.6%) | Mkt Cap: 10,390m
- Published:
27 Feb 2020 -
Author:
Mohit Rathi -
Pages:
3
Rentokil remained on a solid footing in FY19, and once again outpaced its mid-term targets. Besides the healthy Pest Control and Hygiene businesses, the recovery in the Protect & Enhance segment was a shot in the arm. While management anticipates the Coronavirus will inflict some pain in Q1 FY20, it remains confident about a strong show in FY20. All the mid-term targets have been reiterated.