GreenWood Investors LLC on Rentokil Initial plc
Thesis
GreenWood identifies Rentokil's US customer-service overhaul as a key transformation within the portfolio. The fund believes the market is under-weighting both the timing and magnitude of the changes taking place across positions such as Rentokil. It highlights the company's conservative balance sheet and what it considers extremely high upside leverage if initiatives to improve business quality, mix and operating drivers are successful.
“Rentokil with its customer service overhaul in the US”