Rentokil Initial PLC
RTO: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|wr | LOCK|HL^j% | LOCK|?MX@Ygf |
Rentokil: Sells Workwear Business in France; Focusing on Pest Control and Hygiene
Rentokil has agreed to sell its workwear business in France to H.I.G. Capital. This business, which specializes in supplying and maintaining garments, including workwear and personal protective equipment, generated revenue of $324 million and an adjusted operating profit of $57 million in 2024.
