Rentokil Initial (RTO) investor relations material

Executive summary

• Q3 organic revenue growth was 3.4%, with improving North America Pest Control Services trends and continued strength in International Pest.

• Strategic priorities include customer experience, sales and operational excellence, and business simplification; management said FY 2026 profit is expected in line with current market expectations.

Financial highlights

• Q3 revenue was $1,890m, up 4.4% reported and 4.0% at constant currency; organic revenue growth was 3.4%.

• Pest Control organic revenue grew 4.0%; Hygiene & Wellbeing grew 0.5%.

• North America Business Services organic revenue growth was 9.6%; management expects growth to moderate toward mid-single digits.

Outlook and guidance

• FY 2026 profit is expected in line with current market expectations; further detail on North America investments and International and central-cost savings is due at FY results in February.

• International operating-model changes targeting procurement, off-shoring and outsourcing savings are intended to fund North America investment to restore market-level organic growth.

• 2027 priorities emphasize reinvestment for growth over the 20% North America margin target; margin accretion is expected over time as revenue grows against the cost base.

• Live pricing and scheduling capabilities for AI agents are in development, with implementation expected in early 2027.