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Q3 Trading Update.pdf

2023-q3-trading-update.pdf
Preview of Q3 Trading Update
🔗 Source: rentokil-initial.com
📊 Size: 308 KB
📄 Pages: 7 pages
⬇️ Downloads: 48

Summary

Rentokil Initial PLC's Q3 2023 revenue grew 59.9% to £1,404m, with organic revenue growth of 4.3%. The company delivered a good overall performance, despite a softer consumer demand environment in North America. Regional organic revenue growth was 2.2% in North America, 9.5% in Europe, 8.9% in Asia & MENAT, 7.6% in Pacific, and 5.2% in the UK and Sub-Saharan Africa. The Terminix integration is progressing well, with the company on track to deliver $60m of pre-tax net cost synergies. The outlook remains positive, with expected good growth in the remainder of 2023 and a forecasted Group Adjusted Operating Margin of c.16.5%.

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Description

Rentokil Initial PLC's Q3 2023 revenue grew 59.9% to £1,404m, with organic revenue growth of 4.3%.

Technical Information

  • File Format: PDF
  • File Size: 308 KB
  • Pages: 7
  • Language: EN
  • Total Downloads: 48
  • Last Updated: 12 hours ago

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