European Investor
16 Apr 2026, 20:20
Rentokil Initial plc reported a solid start to FY2026, with first-quarter revenue rising 4.3% to $1.68 billion and organic growth of 3.4%, supported by strong performance in North America and steady progress internationally.
North America remained the key growth driver, with revenue up 4.5% and pest control services benefiting from pricing actions and recovery from weather disruptions. Business services also saw double-digit organic growth, driven by strong demand and new contracts.
International operations delivered 4.1% revenue growth, led by Europe, Latin America, and Africa, although performance was partially impacted by disruptions in the Middle East and softer comparisons in the Pacific region.
The company maintained stable customer retention and improved employee retention, while continuing its acquisition strategy with nine bolt-on deals. Management said the results support confidence in delivering full-year performance in line with market expectations, despite ongoing geopolitical uncertainty.
North America remained the key growth driver, with revenue up 4.5% and pest control services benefiting from pricing actions and recovery from weather disruptions. Business services also saw double-digit organic growth, driven by strong demand and new contracts.
International operations delivered 4.1% revenue growth, led by Europe, Latin America, and Africa, although performance was partially impacted by disruptions in the Middle East and softer comparisons in the Pacific region.
The company maintained stable customer retention and improved employee retention, while continuing its acquisition strategy with nine bolt-on deals. Management said the results support confidence in delivering full-year performance in line with market expectations, despite ongoing geopolitical uncertainty.