Rentokil profit tumbles in ‘challenging' year
Portfolio Pulse from
Rentokil Initial PLC reported a 17.9% drop in statutory pre-tax profit to £405 million for the year ending December 31, despite a 1.1% increase in revenue to £5.44 billion. The company faced challenges in its North American business.
March 06, 2025 | 8:30 am
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Rentokil Initial PLC reported a significant drop in profit due to challenges in its North American operations, despite a slight increase in revenue.
The significant drop in profit, despite revenue growth, indicates operational challenges, particularly in North America, which could negatively impact investor sentiment and short-term stock performance.
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IMPORTANCE 80
RELEVANCE 100