Company: RKLIF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0001654954-25-008672
Chunk: 5

Company: RENTOKIL INITIAL PLC /FI
Filing Date: 2025-07-31
Form: 6-K
Chunk 5
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 one-off and adjusting items was $48m, largely related to the costs associated with the Terminix integration.

For FY 25 we now expect c.$200m of M&A expenditure and capital expenditure of c.$210-220m. In addition to reducing net debt from the sale proceeds, the pending sale of the France Workwear business would reduce capital expenditure by c.$100m on an annualised basis.

#### Regional performance review

#### North America
|                           | H1 2025 
      $m | H1 2024 
      $m | Change (reported) 
 %                 | Change (constant currency) 
 %                          | Organic Growth |
| Revenue                   |   2,106 |   2,067 | 1.9%              | 2.0%                       | 1.1%           |
| Operating Profit          |     213 |     308 | (30.8)%           | (30.7)%                    |                |
| Adjusted Operating Profit |     356 |     385 | (7.3)%            | (7.3)%                     |                |
| Adjusted Operating Margin |   16.9% |   18.6% | (1.7)%            | (1.7)%                     |                |

| Organic Growth                      | Q1    | Q2   | H1 2025 |
| North America                       | 0.7%  | 1.4% | 1.1%    |
| North America Pest Control          | 0.5%  | 1.6% | 1.1%    |
| North America Pest Control Services | -0.2% | 0.3% | 0.1%    |

North America includes Pest Control and Hygiene & Wellbeing and Business Services.

North America Pest Control Services is Pest Control excluding Business Services.

#### H1 2025 Performance
Half year Revenue was up 2.0%, with Organic Revenue up 1.1%. There was an improved performance during the half year with 1.4% Organic Revenue growth in Q2 (0.7% in Q1). Overall, good price realisation and contributions from acquisitions have more than offset volume reductions to deliver revenue growth. Organic Revenue growth in Pest Control Services for our commercial, residential, and termite customers was 0.1%, with Q2 driven by a stronger performance in June (0.3% in Q2, -