Company: RKLIF
Filing Date: 2025-10-23
Form Type: 6-K
Source: 0001654954-25-012081
Chunk: 2

Company: RENTOKIL INITIAL PLC /FI
Filing Date: 2025-10-23
Form: 6-K
Chunk 2
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 which, based on the 2025 Atlantic hurricane season, is not currently expected to repeat.

#### International (Group excluding North America)
International Revenue grew by 4.6% with Organic Revenue growth of 3.3%, up from 2.7% in H1. The improvement was primarily driven by the UK with continued strong performance in our core UK Pest control and Plants businesses and an improved performance from our Property Services division. Across the rest of our International businesses, Europe continues to be strong, driven by the southern Europe markets of Spain, Portugal and Greece. Growth in the Pacific remains below the average for International with good growth in core Pest Control and Ambius offset by the impact of adverse weather on our Rural and Trackspray businesses.

#### Category Performance
Pest Control Organic Revenue growth was 3.4% driven by good momentum in North America which was up by 3.3%. Hygiene & Wellbeing Organic Revenue grew by 3.0%, an improvement from 0.9% in H1 2025 as the UK and Sub-Saharan Africa region returned to growth in the quarter and market conditions improved in the Pacific.

#### M&A
The Group's bolt-on M&A programme continued to create value with three deals, delivering annualised revenue in the year before acquisition of $4m. This takes the total number of deals to 21 year-to-date with annualised revenue in the year before acquisition of $39m.

#### Completion of sale of France Workwear business
The sale of our France Workwear business, which we announced in May 2025, for an enterprise value of €410 million (c.$480 million) including an earn-out of up to €30 million, completed on 30 September 2025, with net cash proceeds of €370 million (c.$435 million), subject to the final earn-out outcome.

#### Balance Sheet
Following the completion of the sale of the France Workwear business, net debt at the end of the quarter was $3,865m.

BBB (stable) rating reaffirmed by Fitch Ratings. The Company is also BBB (stable) rated by S&P Global.

#### Outlook
Current trading is in line with expectations and our outlook for the remainder of the year remains unchanged. We expect to deliver FY 2025 financial results in line with market expectations.

#### Conference call details
Today, 23 October at 9:00am BST, Rentokil Initial Chief Executive, Andy Ransom and Chief Financial Officer, Paul Edgecliffe-John