- Rising urbanisation and climate change are driving a long-term need for Rentokil’s pest control services
- Demand for its disinfection services have soared over the past year and the group is likely to benefit from an enduring focus on hygiene post-pandemic
Structural growth drivers
Fund manager pick
Weaker ‘protect and enhance’ business
As the world’s leading commercial pest control company, Rentokil Initial (RTO) is never going to be crowned the most glamorous business listed in London. But its non-discretionary services, high levels of contracted revenue and enduring demand trends offer investors a defensive, predictable and long-term growth opportunity.