TIDMRTO
RNS Number : 7887C
Rentokil Initial PLC
21 April 2017
Rentokil Pest Control is awarded The Queen's Award for
Enterprise
Rentokil Initial plc (FTSE: RTO) is delighted to announce that
its Rentokil Pest Control business has been awarded The Queen's
Award for Enterprise for International Trade, recognising the
business's outstanding achievement in global trade.
The Queen's Award celebrates enterprise and business excellence,
and is the UK's highest accolade for business success. It consists
of a Grant of Appointment, which is awarded for five years. Her
Majesty The Queen publicly announced the winners today, 21 April
2017, in the London Gazette.
Summary:
-- Rentokil's international pest control revenues increased by
73% between 2010 and 2015, and in 2016 total ongoing revenues (inc.
UK) grew by 25.9%.
-- Rentokil has expanded its pest control operations
significantly in North America, Latin and Central America, Middle
East, Asia and Pacific over the last three years.
-- Rentokil's depth of expertise and global experience has seen
the business win some of the most prestigious pest control
contracts including the Rio Olympic and Paralympic Games.
-- Innovation and the development of differentiated products
have been integral to its success. Recent innovations include
Lumnia (the first commercial range of LED fly control units),
RapidPro (fastest-acting bait for mouse infestations) and
PestConnect (digital pest control for 24/7 monitoring and fast
response).
Commenting on the award, Andy Ransom, Chief Executive of
Rentokil Initial plc said:
"We are extremely proud to receive The Queen's Award for
Enterprise. Being acknowledged in this way is a fantastic
achievement and is testament to the hard work and commitment of our
colleagues across the world.
"Rentokil is an outstanding business and has grown significantly
over recent years, strengthening our position as global leaders in
pest control through a relentless focus on innovation, digital
services and the expertise of our people.
"The business has great opportunities to continue its success
with multiple drivers of growth and increasing demand around our
international markets."
ENDS
Rentokil Pest Control - Background information
Rentokil is the world's leading commercial pest control
business, now operating in over 66 countries around the world and
with market-leading positions in 46 of these including in
continental Europe, Asia, Pacific, South Africa, the Middle East
and in the UK. Rentokil has a rapidly growing business in North
America - the largest pest control market in the world - and has
also expanded in Central and Latin America in recent years. In
2017, Rentokil became the leading pest control provider in India.
The business's strategic focus is to increase its exposure to its
emerging and growth markets in which the growth opportunity is
greatest, using its expertise, innovation and digital services to
build on its market-leading positions.
Rentokil's depth of expertise and experience has seen the
business win some of the most challenging and prestigious pest
control contracts internationally. In 2016 Rentokil successfully
delivered a full range of pest control services, including mosquito
control, to the Rio de Janiero Olympic and Paralympic Games as part
of the extensive risk management approach undertaken by the Rio
2016 Organising Committee. Also in 2016, Rentokil was awarded a
contract by the U.S. Centers for Disease Control and Prevention to
help control the species of mosquito that could potentially carry
the Zika virus across the USA and its protectorates.
Innovation and development of differentiated products are at the
heart of what Rentokil does and have been integral to its success.
In the last three years Rentokil's UK-based research scientists
have developed a pipeline of innovations, enabling Rentokil to
bring to market new products such as Lumnia, the first range of
electronic fly killers using LED lighting rather than traditional
blue-light fluorescent tubes, and RapidPro, the world's
fastest-acting rodenticide for effective reduction of mouse
infestations. In 2016 Rentokil had 15 innovation or design patents
applications in progress.
Rentokil's market-leading digital expertise, is another
important driver of the business's growth. It continually enhances
and deploys new digital products to improve services, sell more
effectively and improve the customer experience. PestConnect,
Rentokil's new 'Internet of Things' remote monitoring system for
rodents, is setting a new standard in pest control and is the
world's smartest mouse trap. It is now used in over 1,200 customer
premises across 12 countries and has sent over twenty million
individual data messages relating to the presence of rodent
activity and service productivity, enabling Rentokil's technicians
to be more efficient and to deliver a better customer service.
Rentokil's digital leadership was further evidenced in 2016 with
the launch of a collaboration with Google which will lead to the
global deployment of innovative digital pest control products and,
in the future, to the development of 'next generation' services to
proactively combat against the threat of pest infestation.
The global pest control market is worth $16bn per year. It
covers a vast array of pests, and dynamics such as climate change
and urbanisation, increased economic activity, increasing
regulatory and environmental standards, and demographic changes
continue to shape the market and drive growth.
About Rentokil Initial plc
Rentokil Initial is one of the largest business services
companies in the world, operating in over 66 countries. The Company
offers route-based services including Pest Control, Hygiene and
Workwear through teams of local experts.
www.rentokil-initial.com
www.rentokil.com
In 2016, Rentokil Initial was voted 25(th) in the list of
Britain's Most Admired Companies (Source: Management Today).
For further information, please contact:
Media: Malcolm Padley Rentokil Initial plc 07788 978 199
Ben Woodford/Sam Cartwright Bell Pottinger 0203 772 2588
This information is provided by RNS
The company news service from the London Stock Exchange
END
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