Rentokil Initial Investors Will Breathe Sigh of Relief

Dow Jones15:43

0743 GMT - Rentokil Initial's key North American Pest Services unit posting organic growth in line with the prior quarter will be something of a relief for investors, J.P. Morgan analysts write. A combination of operational restructuring and broader challenges in the pest-control industry have clouded the company's outlook, they say. Shares rise 8.2% to 340.5 pence.

 

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