Rentokil(US:RTO)2025-07-31 08:15Financial Performance - Group revenue increased by 3.1% to $3,364 million[12, 19, 131] - Organic growth was 1.6%, with International at 2.7% and North America Q2 at 1.4% (vs Q1 0.7%)[12] - Group Adjusted PBT (Profit Before Tax) reached $418 million[12, 130] - Strong Free Cash Flow conversion rate of 93.0%[12, 41, 130] North America Performance - North America revenue was $2,106 million, a 2.0% increase[21, 76] - Organic revenue growth in North America was +1.1%[21, 22, 76] - Adjusted Operating Profit in North America was $356 million, with a margin of 16.9%[21, 22] - Colleague retention in North America improved by 1.4 percentage points to 80.7%[22, 76] International Region Performance - International revenue was $1,251 million, up 5.1%[30, 70] - Organic revenue growth in the International region was +2.7%[12, 27, 30, 70] - Adjusted Operating Profit in the International region increased by 4.6% to $242 million, with a margin of 19.3%[28, 30] Strategic Initiatives - The company expects approximately $100 million in cost savings and an operating margin above 20% in North America post-2026[15, 24, 46, 128] - The company is rolling out satellite branches, aiming for approximately 150 locations by year-end[16, 26, 107, 111, 131] - The company divested France Workwear for an enterprise value of €410 million (approximately $465 million), expecting net cash proceeds of €370 million (approximately $420 million)[37]