Rentokil risks remain but clarity on merger issues a positive - analysts
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Rentokil Initial PLC reported a 17.9% drop in statutory pre-tax profit, primarily due to challenges in its North American operations. The company's shares fell by 4.4% following the announcement.
March 06, 2025 | 10:45 am
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Rentokil Initial PLC reported a significant drop in pre-tax profit, mainly due to issues in North America, leading to a 4.4% decline in share price.
The reported decline in pre-tax profit and the subsequent drop in share price indicate a negative short-term impact on Rentokil's stock. The challenges in North America are a significant concern for investors.
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IMPORTANCE 80
RELEVANCE 100