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BUZZ-Rentokil: highest in 14 yrs on strong Q3 organic growth
October 19, 2016 / 8:50 AM / a year ago

BUZZ-Rentokil: highest in 14 yrs on strong Q3 organic growth

** Pest control co Rentokil +2.8%, 4th top FTSE midcap gainer & touches its highest since Oct 2002 on robust Q3 trading

** Q3 organic rev +3.1%, a pickup vs +2.5% in H1, mainly due to slight acceleration in hygiene and improvement in workwear

** BofA Merrill Lynch raises 16 EPS forecast c.3% to 10.8p, citing higher organic growth expectations for FY

** Pound fall could massively help FY earnings, analysts write

** Stock +c.42% YTD to Tues close vs +3 pct on FTSE 250

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