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Rentokil Initial PLC (RTO.L)

RTO.L on London Stock Exchange

290.40GBp
16 Feb 2018
Change (% chg)

1.80 (+0.62%)
Prev Close
288.60
Open
289.40
Day's High
291.30
Day's Low
289.10
Volume
4,004,465
Avg. Vol
4,867,102
52-wk High
338.80
52-wk Low
232.70

Latest Key Developments (Source: Significant Developments)

Competitions watchdog serves enforcement order on Rentokil for Cannon Hygiene buy
Monday, 5 Feb 2018 

Feb 5 (Reuters) - Rentokil Initial Plc ::MERGER UPDATE.‍CMA HAS SERVED AN INITIAL ENFORCEMENT ORDER UNDER SECTION 72(2) OF ENTERPRISE ACT 2002 ON RENTOKIL INITIAL PLC, IN RELATION TO COMPLETED ACQUISITION BY RENTOKIL INITIAL PLC OF CANNON HYGIENE LIMITED​.  Full Article

Rentokil Initial agrees issue of $472m bond ​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Rentokil Initial Plc :‍Rentokil Initial plc <<>> has agreed issue of a 400 million euro ($472.36 million) 0.95% bond due November 22 2024.​.‍Part of proceeds will be swapped into dollars in line with company's hedging strategy and will be used for general corporate purposes, including repayment of company's 200 million pound and 157 million euro term loans that were due to mature in 2018.​.  Full Article

Rentokil Initial acquires Vector Disease Acquisition, LLC
Monday, 13 Nov 2017 

Nov 13 (Reuters) - RENTOKIL INITIAL PLC ::‍ANNOUNCES THAT IS HAS ACQUIRED VECTOR DISEASE ACQUISITION, LLC​.  Full Article

Rentokil ‍says ongoing revenue up 13.7 pct in Q3
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Rentokil Initial Plc ::RENTOKIL INITIAL - ‍ONGOING REVENUE INCREASED BY 13.7% IN Q3, OF WHICH 3.7% WAS ORGANIC REVENUE 2 GROWTH (Q3 2016: 3.1%) AND 10.0% WAS FROM ACQUISITIONS.​.RENTOKIL INITIAL PLC - ‍CONTINUING STRONG PERFORMANCES IN ASIA, PACIFIC, LATIN AMERICA, AND IN OUR LARGEST MARKET, NORTH AMERICA IN Q3.​.RENTOKIL INITIAL PLC - ‍EUROPE DELIVERED A FURTHER IMPROVEMENT IN ONGOING REVENUE GROWTH IN QUARTER, WITH REVENUES IN FRANCE UP 2.4% YEAR ON YEAR.​.RENTOKIL INITIAL - ‍NUMBER OF OPERATIONS WITHIN NORTH AMERICAN, LATIN AMERICAN AND REST OF WORLD BUSINESSES WERE TEMPORARILY DISRUPTED BY SEVERE WEATHER CONDITIONS IN SEPT ​.  Full Article

Rentokil H1 ongoing revenue up 11.5 pct
Thursday, 28 Jul 2016 

Rentokil Initial Plc : H1 - ongoing revenue +11.5%, ongoing adjusted operating profit +11.0% and free cash flow of £57.1m (at aer) on track to meet £110m+ target for year . We are on track to achieve our 2016 revenue, profit and cash expectations - ceo . Interim dividend 0.99 penceper share . H1 adjusted pretax profit 98.3 million stg . Total organic revenue growth +2.5% year on year (fy 2015: +1.8%) . Continued strong m&a execution - 20 acquisitions to 30 june 2016 (16 in pest control) .While conditions in certain parts of europe remain challenging, particularly in france and benelux, prospects in majority of our key markets are good - ceo.  Full Article

Rentokil signs deal with Google and PA Consulting Group
Wednesday, 27 Jul 2016 

Rentokil Initial Plc :Collaboration with Google and PA Consulting Group.  Full Article

Rentokil sees favourable impact of currency movements on 2016 profit to be in range of 25-30 mln stg
Thursday, 7 Jul 2016 

Rentokil Initial Plc : Acquisition, CDC contract win and trading update . Company has continued to perform well and our expectations for 2016 at constant exchange rates remain unchanged . Sterling has weakened significantly since announcement and, if recent rates were to prevail for remainder of year, estimated favourable impact of currency movements on our profit for 2016 would be in range of 25-30 mln stg .This would be an increase of 10-15 mln stg on guidance previously given at time of our preliminary results..  Full Article

BRIEF-Rentokil Initial acquires Vector Disease Acquisition, LLC

* ‍ANNOUNCES THAT IS HAS ACQUIRED VECTOR DISEASE ACQUISITION, LLC​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)