Company: RKLIF
Filing Date: 2025-03-06
Form Type: 6-K
Source: 0001654954-25-002335
Chunk: 15

Company: RENTOKIL INITIAL PLC /FI
Filing Date: 2025-03-06
Form: 6-K
Chunk 15
---
 region acquired four businesses with total revenues in the year prior to purchase of £8m.

Category performance review

Pest Control

|                    |  2024 
   AER 
    £m | AER    
 Growth |  2024 
   CER 
    £m | CER    
 Growth | Organic 
 Growth  |
| Revenue            | 4,287 | 0.1%   | 4,408 | 2.9%   | 2.5%    |
| Operating          
 Profit             |   560 | -13.7% |   573 | -11.6% |         |
| Adjusted Operating 
 Profit             |   773 | -6.7%  |   794 | -4.2%  |         |
| Adjusted Operating 
 Margin             | 18.0% | -1.3%  | 18.0% | -1.3%  |         |

| Organic 
 Growth  | Q1   | Q2   | Q3   | Q4   | Full 
 Year |
| Pest    
 Control | 2.7% | 1.7% | 2.3% | 3.3% | 2.5% |

Our Pest Control business is the largest operator in both the US, the world’s biggest pest control market, and the world, with a presence in 88 countries. The business sustained growth in the year, underpinned by the critical nature of its services and with a strong contribution from the International business. Overall Revenue was up by 2.9% (2.5% Organic) to £4,408m. Organic Revenue growth in the International business of 5.3%, in line with our medium-term range for Pest Control of between 4.5-6.5%, offset more modest North America Organic Revenue growth of 1.5%. There was a drag from the North America business on Adjusted Operating Profit, down by 4.2% to £794m, resulting in an Adjusted Operating Margin for the Pest Control category of 18.0%. Operating Profit decreased by 13.7% to £560m at AER. Pest Control represented 79% of Group Revenue and 79% of Group Adjusted Operating Profit.

We acquired 24 pest control businesses in the period, with revenues in the year prior to acquisition of £90m.

Hygiene & Wellbeing

|                    |