Rentokil Posts Solid Q3, Signaling a Turnaround

3 days ago

Louise Moon

"Yes. The pest control firm, which uh I always like to talk about. Cheery. Exactly. Slightly different, but it's actually it's it's it's a blue chip in in London and it's leading the Footsie 100 this morning. So huge gains. As you say, this is on the back of their third quarter of results. They had better than expected revenue driven by their US business and the rest of their business, you know, globally also came in quite well. It was quite quite solid uh earnings from them. Quite a shot in the arm really that their stock hasn't really gained much at all this year and that follows on from three straight years of of declines in their stock. So, a shot in the arm this morning um with those gains signaling, you know, they're getting back on track. They're in the right direction. They maintain their fullear outlook. So, a glimmer of of uh of light for the pest control firm Rent."

The discussion on Rentokil highlights its strong Q3 performance, with better-than-expected revenue driven by its US business and solid global results. The commentary notes that after years of decline, the recent gains provide a much-needed turnaround signal and reaffirm the company’s full-year guidance.