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  "documentTitle": "Rentokil Initial | Results Presentation Deck | 46 slides",
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  "authorName": "Rentokil Initial",
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  "presentationDate": "2021-03-01 00:00:00",
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  "notes": "Includes specific regional and category performance metrics.",
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      "text": "An encouraging regional performance in 2021 Organic growth of 4.8%, excluding disinfection services",
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      "text": "Ongoing Revenue +3.9%, reflecting improvements in France (+3.8%), southern Europe (+6.9%) and Latin America (+15.0%). Core categories performing well, despite ongoing disruption from lockdowns and intermittent restrictions. Pest Control +11.8%, Hygiene (ex. disinfection) +4.4%. 9.9% growth in Ongoing Operating Profit (France +13.9%, southern Europe +41.2% and Latin America +30.9%). 100 basis points improvement in Net Operating Margins to 19.2%. 12 businesses acquired in 2021 - seven in Europe and five in Latin America, with annualised revenues of c.£29m. No evidence of increased customer insolvencies across Europe and Latin America, currently below 2019 rates. Higher inflation than in previous years (fuel, paper, labour) but passed on through APIs to Pest and Workwear customers. Some lagging in Hygiene contracts due to variable demand for consumables (included within standard contracts).",
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      "text": "* Excluding disinfection. Including disinfection: +2.0%",
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      "text": "Ongoing Revenue growth +3.9% Organic Revenue growth* +4.8% Ongoing Operating Profit growth +9.9% Ongoing Revenue £749.2m +3.9% Ongoing Operating Profit £144.0m +9.9% Net Operating Margin 19.2% +100 bps",
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