Rentokil shares slump 17% on slower North America growth
Rentokil shares slump 17% on slower North America growth July 30 (Reuters) - British pest control firm Rentokil RTO.L on Thursday said second-quarter sales growth in North America slowed sequentially and it had more to do to address its underperformance, sending its shares tumbling 17% in early trading.
The company reported organic revenue growth of 3.6% in its largest market in the three months to June 30, down from 3.9% in the first quarter.
(Reporting by Neeshita Beura in Bengaluru; Editing by Janane Venkatraman)
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