Rentokil Initial Investor Day Presentation Deck
What have we said today?
Further momentum into our compounding growth model
1. Attractive global market growing at 4.5% - 5%+
2. New Rentokil Pest Control organic growth target of 4.5% - 6.5%
over the medium term - further momentum for our compound
growth model
3. Strongly positioned in innovation, digital and sustainability -
driving organic growth & margins
4. Pest Connect - New ambition is to reach c. 25% of commercial
customers by 2026
5. Minor changes: Property Care joins Pest on 1/1/2022
6. Confidence in the sustainability of our global M&A pipeline -
in North America (IRR target 12%) and Rest of World (IRR target
13%-15%) - excited by opportunity in cities of the future
Rentokil
Initial
Spending on Pest Control is increasing in every market
Per capita spend continues to increase driven by global trends influencing increased demand
Global
North Arenca
Europe
Rentokil
Initial
Asia
India
Chine
2020 Estimates
Pest Control
($an)
2211
1116
435
470
North America:
047
172
Pest Control
Rentokil
Initial
Delivering better customer service, solution and service efficacy through
scientific research and new technology
0.017%
0042%
Innovation pipeline to fuel future growth
Technology enabled s
ations at the heart of our solution pipeline
Our role as industry leaders is to continue to push
the boundaries for more effective pest control
001%
0008%
Focused pipeline with targeted impact to maximise commercial gain
Sustainability at the heart of our innovations with clear goals to lower the impact
of pest control on the environment
DOCES
Partnering with the world's best digital, technology and chemical industry leaders
Informed innovation derived from insights generated by CommandCentre:
- the world's largest and broadest pest control data set
Unique, proprietary, patented solutions providing sustained differentiation
2018
Deals remain expensive
• Returns are still good and the pipeline is sustainable
241
1802
456
Pest Control M&A conclusion
Successful and sustainable programme
063
bi
Pest Control per Capita (S)
Delivery of profitable growth:
Strong record of identifying and executing value creating bolt-on acquisitions
Disciplined evaluation, clear integration activities and governance underpins
value creation
M&A contributes 2-5% of growth to the Group
Cities of the future:
in cities where we operate-Grow our market share to "25%+
Enter new, attractive cities
+
A
2020
188
18.39
5.23
404
624
120
Growth
(13-201
16%
158
68%
112%
4009
Regional variances also
influence the mix between
Commercial, Residential,
and Termites:
Commercial 34% 67%
Residential 13% -42%
Termites 14% -25%
targeted approach,
ging markets
92View entire presentation