Rentokil Initial PLC's stock surged 13.15% during pre-market trading on Thursday, following the release of its financial results and positive analyst commentary.
The pest-control, hygiene and workwear-services provider delivered reassuring results for 2025, posting an organic increase in revenue while its adjusted pretax profit was broadly in line with market expectations. RBC Capital Markets analyst Andrew Brooke noted encouraging improvements in the company's North American operations, stating that Rentokil Initial "seems to be on the right track."
Broke added that the company's issues appear fixable with significant rerating potential over time, with RBC maintaining its outperform rating on the stock. The analyst emphasized that the upcoming spring/summer period will be crucial for validating the company's progress.