Rentokil Initial plc (RTO) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

And welcome to the Rent-A-Kill Q3 Trading Update call. My name is Rika and I will be coordinating your call today. During the presentation, you can register to ask a question by pressing star followed by number one on your telephone keypad. If you change your mind, please press star followed by the number two. Otherwise, you do have the option to submit a question via the Q&A tab above the slide on the webcast. Thank you. I will now hand you over to your host, Andy Ransom, Chief Executive Officer at Rent-A-Kill to begin. So please go ahead, Andy. Thank you very much. Morning, everyone. And before we begin, as always, can I just draw your attention to the usual cautionary statement contained in our trading update this morning, as it also applies to this call. I'm going to start off with some brief opening remarks, and then Paul and I will be pleased to take any questions. We're encouraged by our performance in the third quarter as the overall positive trends that we described at our interim results have continued into the second half of the year and leave us on track to deliver 2025 results in line with market expectations. For the three months to the 30th of September, group revenue was $1.8 billion, representing year-on-year growth of 4.6%. Organic revenue grew 3.4%, with an improvement in North America to 3.4%, and organic growth across our international businesses of 3.3%. Looking at our performance in North America in more detail, pest control services organic growth was 1.8%, which compares favourably to the 0.3% seen in the second quarter. North America Business Services organic revenue growth was particularly strong in the third quarter, up 11.9%. Back in March, we discussed how we were evolving our North America strategy to drive enhanced lead generation and ...