Download full report with analyst certification and important disclosures
Apr 1 2021, 07:00 IST/BST
In our opinion, Rentokil Initial has transitioned under CEO Andy Ransom’s leadership into commanding the best global footprint amongst the major pest control operators in a market which we see as ripe for major consolidation. Hygiene, via improved growth potential, and Protect and Enhance bring optionality. We initiate with an ‘Outperform’ recommendation.