UK's Rentokil falls after flagging weakness in North America business
BUZZ-UK's Rentokil falls after flagging weakness in North America business ** Shares of pest control firm Rentokil Initial RTO.L fall 17.2% to 367 pence, top loser on London's FTSE 100 .FTSE
** Co sees weakness in North America Residential lead flow towards the end of Q2 and into July** Require disciplined reinvestment primarily back into the North America business, fully self-fund through cost savings, says CEO
** Up to Wednesday's close, stock had fallen 0.94% YTD vs 9.8% increase in FTSE 100
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com, +919920570373))
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