Archive of all Reckitt Benckiser articles
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NewsCity Snapshot: Reckitt’s revenues slide as restructure progresses
Reckitt CEO Kris Licht said its Q3 performance is in line with guidance and it is on track to deliver net revenue and profit targets for 2024. Plus, a Heineken trading update
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NewsMedia Bites 12 September: High streets, WH Smith, Post Office, Starbucks
Closures by chemist, pub and bank chains led to almost 2,300 more empty stores on high streets
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Category ReportWinter remedies trends 2024: How discounters are reshaping the medicines aisle
With deals on the rise, how are bulk buying and discounters reshaping the medicines aisle? And where does that leave brands?
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Analysis & FeaturesWhat are the challenges for Reckitt’s sell-off strategy?
The group is planning to sell non-core brands and focus on ‘Essential Home’
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NewsCity snapshot: Reckitt unveils brand sell-off to simplify operations
Reckitt Benckiser is offloading its portfolio of homecare cleaning brands and the embattled baby formula business to focus on its stable of power brands in health and hygiene. Plus, the latest NIQ supermarket sales figures, first-half results from Nichols and a Q3 update from Greencore
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KVI TrackerReckitt Benckiser lines see major price hikes in mults
According to research by The Grocer using Assosia data, Cillit Bang Cleaner Spray Limescale & Grime 750ml has soared 23.1%, from £3.25 to £4
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NewsCity snapshot: PZ Cussons to sell-off St Tropez to refocus group
PZ Cussons is kicking off a sale process for self-tanning brand St Tropez as part of reorganisation of the group. Plus, Reckitt Benckiser, Heineken and Nichols report Q1 numbers, Supreme issues a year-end trading update, and Haleon appoints Tate & Lyle CFO as its new CFO.
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NewsCity News: Hangover for Naked Wines investors
Shareholders in Naked Wines suffered another hangover this week as media reports on the online wine retailer hiring Interpath to refinance its debt sent the shares tanking by more than 20%
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NewsCity snapshot: Reckitt Benckiser shares reeling after US baby formula ruling
Shares in Reckitt Benckiser have rallied this morning but remain at ten-year lows after the multinational saw £5bn wiped from its value on Friday as investors worried about the group’s exposure to lawsuits in the US
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NewsCity News: Reckitt Benckiser shares slump after ‘unsatisfactory’ results
Consumer goods giant Reckitt Benckiser saw its share slump this week as its 2023 sales underperformed City expectations following an “unsatisfactory” fourth quarter.
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NewsCity snapshot: Reckitt Benckiser disappoints amid falling volumes and a weak Q4
Consumer goods giant Reckitt Benckiser has performed below City expectations in 2023 as like-for-like revenues declined 1.2% in a “unsatisfactory” fourth quarter. Plus, Just Eat Takeaway and Glanbia report full-year results
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NewsM&S and Tesco among top-tier companies in anti-slavery ranking
The new CCLA benchmark is a tool for investors to understand which companies are actively fighting modern slavery
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NewsCity News: Reckitt Benckiser’s £1bn share buyback fails to win over City
A £1bn share buyback was not enough to placate Reckitt Benckiser investors this week, as the consumer giant’s shares slid back on weaker-than-expected sales volumes
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NewsCity snapshot: Virgin Wines tumbles into the red as sales falter
Virgin Wines UK has fallen into the red as pressure on consumer spending hit revenues and rising costs hurt margins. Plus, Reckitt and Heineken Q3 volumes tumble on higher prices, while Nichols appoints a new CFO.
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Analysis & FeaturesHow the Global 50 largest fmcg companies are turning defence into attack
The world’s fmcg giants have soaked up plenty of pressure, and are looking to go back on the attack. Can they prosper in the post-Covid environment?
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NewsCity snapshot: Kris Licht to become Reckitt Benckiser CEO next month
Reckitt Benckiser has announced Kris Licht will take over from Nicandro Durante as CEO on 1 October
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Comment & OpinionNew Unilever, Reckitt and Diageo CEOs are in for a baptism of fire
The new generation of fmcg leaders face myriad challenges as they establish themselves in their respective hot-seats, says Warren Ackerman, head of European consumer staples research at Barclays
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NewsCity snapshot: Reckitt Benckiser appoints new CFO from Nike as Jeff Carr retires
Reckitt Benckiser CFO Jeff Carr has handed in his notice, with the multinational consumer goods group appointing a replacement from Nike to take over the role. Plus, Wynnstay Group appoints new finance director.
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NewsCity snapshot: Danone price hikes boost sales but Russia seizure triggers €200m hit
Danone has outperformed market expectations as it expanded margins and boosted revenues with price hikes at the expense of volumes. Plus, first-half results from Reckitt Benckiser, Nichols, British American Tobacco and Just Eat Takeaway. And Just Eat reports CFO resignation.
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NewsMedia Bites 27 April: Reckitt Benckiser, CBI, John Lewis
The main business headlines this morning focus on Reckitt Benckiser appointing a new CEO, as well as the ongoing crisis at the CBI.