BUZZ-Berendsen: worst day in nearly 5 yrs on slower rev growth rate
** Commercial laundry company Berendsen -5.5%, 3rd top FTSE midcap loser & on track for worst day since Oct (Shenzhen: 000069.SZ - news) 2011 as it trades down from its life high
** Results indicate slower rev growth rate of 3% in Q2 vs 3.6% in Q1, RBC Capital Market writes, adding that it was expecting growth rate of 3.5% in Q2
** Co says good rev, vol growth in Q1 in hospitality business faded in Q2 (business part of flat linen unit, which RBC (Other OTC: RBCI - news) says saw weaker-than-expected Q2 performance)
** Co also plans to deal with Brexit-related uncertainties
** More than 1/2 30-day avg vol on stock
** Two analysts also note stock fully-valued as co up 24% YTD (even saw post-Brexit gains due to defensive nature) vs -1% for broader FTSE 250 index