Investors interested in Business - Services stocks are likely familiar with Rentokil Initial PLC (RTO) and UL Solutions Inc. (ULS) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimat ...

Core Insights - Rentokil Initial, a UK-based global provider of pest control and hygiene services, has seen its stock decline 36% from 2021 highs, attracting the attention of activist investor Nelson Peltz and Trian Partners, who aim to enhance shareholder value [2][5] - The company has faced challenges integrating its $6.7 billion acquisition of Terminix, leading to a warning of weakness in the U.S. market and a subsequent 18% drop in share price [7][8] - Rentokil generates approximately 60% of its £5.3 billion revenue from North America, with its core pest control segment accounting for 80% of total revenue [8][9] Company Overview - Rentokil Initial operates globally, providing pest control, hygiene, and well-being services, with a comprehensive range of pest control solutions and hygiene products [1] - The company has a significant market share in pest control and has delivered a total return of 932% from 2011 to 2021, outperforming the UK FTSE 100 and S&P 500 [7] Activist Engagement - Trian Partners has a history of successfully engaging with UK companies to create shareholder value, having achieved an average return of 32.01% in previous campaigns compared to 9.79% for the MSCI EAFE Index [2][4] - Trian's strategy involves operational activism, focusing on enhancing earnings by optimizing management and shedding non-core businesses [4] Strategic Initiatives - Trian is expected to work collaboratively with Rentokil's management to improve value, potentially seeking board representation [3][5] - A shift of Rentokil's primary listing to the U.S. is considered a viable strategy to close the valuation gap, as the company currently trades at a discount compared to U.S. peers [9]

Focus North America However, a bigger share of the market is a double-edged sword, which can either upgrade a company's growth or drag it down. And right now, Rentokil Initial is at the wrong edge, with revenue growth of 3% in 2023 for the market, lower than the target rate of 3.5%. The number slowed down even more to 1.5% in the first quarter (Q1 2024). To fully contexualise why the North American revenue growth is a problem, consider two facts: For the full year 2023 and for Q1 2024, Rentokil Initial's ov ...

Peltz's Plans for Rentokil Unclear TradingView Activist investor Nelson Peltz's Trian Partners took what it called a "significant stake" in U.K. pest control company Rentokil Initial. Trian said it was now a top 10 shareholder in Rentokil, which also owns Terminix in the U.S. Peltz's Rentokil investment comes two months after his proxy fight with Walt Disney failed. American depositary receipts (ADRs) of Rentokil Initial Plc (RTO) skyrocketed Wednesday when activist investor Nelson Peltz's Trian Partners to ...

Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, on Thursday, March 30, 2023. Nelson Peltz's Trian Partners has amassed a significant stake in Terminix parent Rentokil and is seeking to engage with leadership on "ideas and initiatives to improve shareholder value," a spokesperson told CNBC Tuesday. Shares of the pest-control giant surged around 8% after hours on the news. It had a market cap ...

The center will support groundbreaking research, advanced technology and more sustainable product development The Rentokil Terminix Innovation Center combines global expertise with localized insight and execution. Backed by a team of dedicated PhD-level scientists with specialties covering fields from wood-destroying organisms, to municipal vector control (mosquito) and regulatory requirements and product development, the team based in the center focuses on developing cutting-edge pest control technology, p ...

Andy Ransom - Chief Executive Officer Stuart Ingall-Tombs - Chief Financial Officer Operator Andy Ransom Company Participants Annelies Vermeulen - Morgan Stanley Suhasini Varanasi - Goldman Sachs James Rose - Barclays Sylvia Barker - JPMorgan Nicole Manion - UBS Allen Wells - Jefferies I will now turn the call over to Andy. Please go ahead. We've had a positive overall start to the year with Group revenue up by 4.9% to £1.29 billion. Organic growth for the group was 3.1%. And in North America our RIGHT WAY ...

PROTECTING PEOPLE | ENHANCING LIVES | PRESERVING OUR PLANET • Good progress on the development of the operational technology stack. Q1 2024 | North America Cautionary statement | --- | --- | --- | --- | |-------------------------------------------------|------------------------------|---------------------------------------|-------------------------------------------| | | | | | | £1.29bn | +3.1% | +1.5% | +6.2% | | REVENUE GROWTH OF 4.9% | ORGANIC REVENUE GROWTH | NORTH AMERICA ORGANIC REVENUE GROWTH | EUROP ...

Building scale and advantage Rentokil Initial plc Annual Report 2023 Protecting People. Enhancing Lives. Preserving our Planet. Performance Revenue (at AER) £5,375m +44.7% 2022: £3,714m Revenue (at CER) W £5,414m +45.8% 2022: £3,714m Lost time accident(LTA) W 0.31 +20.5% 2022: 0.39 W KPIs, see pages 22 to 25 Strategic Report Proft before tax (at AER) £493m +66.9% 2022: £296m Adjusted Operating Proft (at CER) W £897m +57.0% 2022: £571m Total colleague retention1 W 84.2% +474bps 2022: 79.5% Financial Statemen ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report___________________ (Mark One) ☐ REGIS ...