Rentokil Initial PLC
RTO: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| SHB | LOCK|C>BW | LOCK|%Lc$r^ |
Rentokil Earnings: Improvement in Employee and Customer Retention a Positive Sign
Wide-moat Rentokil Initial reported 2024 results in line with its revised September trading update, which included lower profits and margins for the year. International organic growth of 4.7% was held back by poor North American growth of 1.5% in 2024. We are not changing our GBX 620/$40.30 fair value estimate.
