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Rentokil’s North America chief sells down

Rentokil’s North America chief sells down

A global pandemic means the year of the rat hasn’t proved quite so auspicious for pest control specialist Rentokil (RTO). The six months to 30 June saw its statutory operating profit fall by a fifth at constant currencies, to £101m. This came amid an additional £23m provision for customer bad debt and an extra £9m spent on personal protective equipment (PPE).

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