Rentokil reviews US operations due to weak demand, focusing on customer retention for growth.
Rentokil, the largest pest control company globally, is reviewing its US operations due to disappointing performance linked to weak demand from wholesale clients. CEO Andy Ransom acknowledged the underperformance and announced plans to focus on customer retention to drive organic growth. Despite recent challenges and a profit warning, the company maintains its full-year profit expectations while emphasizing operational improvements and integration of acquired assets.
October 17, 2024
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