- Rentokil’s adjusted pretax profit for the fiscal year was GBP 766 million, which surpassed the estimated GBP 754.2 million.
- The company declared a final dividend per share of 5.93p and a total dividend per share of 8.68p, beating the estimated 8.07p.
- The adjusted EPS (Earnings Per Share) was 23.08p, higher than the estimated 22.36p.
- Rentokil’s adjusted operating profit was GBP 898 million, surpassing the estimated GBP 871.4 million.
- The company’s revenue for the fiscal year was GBP 5.38 billion, slightly higher than the estimated GBP 5.37 billion.
- Rentokil’s pest control revenue was GBP 4.32 billion, significantly higher than the estimated GBP 4.14 billion.
- The revenue from hygiene and wellbeing was GBP 866 million, beating the estimated GBP 831 million.
- Workwear revenue from France was GBP 217 million, slightly above the estimated GBP 215 million.
- Rentokil’s revenue from North America was GBP 3.31 billion, significantly higher than the estimated GBP 2.87 billion.
- The UK and Sub-Saharan Africa revenue was GBP 394 million, lower than the estimated GBP 418.7 million.
- The Asia and MENAT region revenue was GBP 357 million, slightly below the estimated GBP 362 million.
- The company’s free cash flow was GBP 500 million, significantly higher than the estimated GBP 439.1 million.
- Rentokil had net cash of GBP 3.15 billion, a significant improvement from the estimated debt of GBP 3.23 billion.
- The Group overall delivered a good operational and financial performance in 2023, achieving 4.9% organic revenue growth and 16.6% margin. There were 11 buys, 5 holds, and 2 sells.
A look at Rentokil Initial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Rentokil Initial is a company that offers a range of services to help businesses and government organizations run smoothly. They provide services like pest control, hygiene, workwear, and facilities management. Based on Smartkarma’s Smart Scores, Rentokil Initial has an overall outlook of 2 out of 5. This indicates that the company has room for improvement in areas like value, dividend, resilience, and momentum.
However, Rentokil Initial scores a 4 out of 5 in growth, which suggests that the company has potential for long-term growth. This is good news for investors who are looking for companies with strong growth potential. Overall, Rentokil Initial‘s Smart Scores suggest that the company has some areas to work on, but also has potential for growth in the long-term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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