Rentokil is catching up operationally with its U.S. pest control peer Rollins, Bernstein analysts write. The London-listed group's growth-focused model emphasizes local marketing and expanding customer reach through small, satellite branches, the analysts say. As a result, the company can return to 7% organic growth in a best-case scenario. Doing so would close the gap with Rollins, which is targeting 7% to 8% organic growth, they say. Atlanta-based Rollins is starting from a position of strength, the analysts say. Rentokil shares edge up 0.1%. (josephmichael.stonor@wsj.com)
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Rentokil Is Catching Up with Rollins — Market Talk
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Rentokil is catching up operationally with its U.S. pest control peer Rollins, Bernstein analysts write. The London-listed group's growth-focused model emphasizes local marketing and expanding customer reach through small, satellite branches, the analysts say. As a result, the company can return to…