Archive of all Reckitt Benckiser articles – Page 2
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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.
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NewsCity snapshot: Reckitt Benckiser reveals new CEO as it beats Q1 expectations
Reckitt Benckiser has appointed a new CEO to take over from interim boss Nicandro Durante, while revealing a strong start to the year
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Comment & OpinionAward-winning Vanish ad provides insight into autism
This intriguing ad has won Channel 4’s Diversity in Advertising Award
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NewsCity snapshot: Profits and sales jump at Reckitt as prices rise
Annual revenues at Reckitt Benckiser have increased 9.2% to £14.5bn as the Dettol to Durex owner increased prices by almost 10%. Plus, the latest BRC shop price index, and annual results from Vimto owner Nichols, Just Eat Takeaway and Glanbia
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NewsCity snapshot: Virgin Wines expects revenue resilience as under-pressure consumers ditch the pub
Virgin Wines is confident drinkers will ditch pubs and restaurants in favour of socialising at home as household spending is squeezed harder. Plus, Parsley Box considers AIM delisting and Heineken and Reckitt Benckiser issue Q3 results.
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NewsCity News: Reckitt shares hit by surprise departure of CEO Laxman Narasimhan
Investor confidence in the turnaround progress at consumer goods giant Reckitt Benckiser was shaken this week by the shock departure of its chief executive
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NewsCity snapshot: Reckitt CEO Laxman Narasimhan quits
Reckitt Benckiser CEO Laxman Narasimhan will step down as CEO later this month and will be replaced by former British American Tobacco CEO Nicandro Durante on an interim basis. Plus, Pernod Ricard posts strong annual growth and all the rest of the latest news from the City.
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NewsCity Snapshot: Danone and Reckitt Benckiser beat expectations thanks to price rises
Reckitt Benckiser and Danone have continued the trend of stronger-than-expected sales growth from big consumer groups fuelled by hefty price rises. Plus, trading updates from Haleon and Parsely Box, Q2 numbers from Mondelez, first-half results from British American Tobacco and Nichols, Q1 figures from Rémy Cointreau, and the latest shop price index from BRC and Nielsen.
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Comment & OpinionFood and pharma are jockeying to be on the right side of consumer health consolidation
Major consolidation is likely to take place as the giants bid for dominance, says Warren Ackerman, head of European consumer staples research at Barclays
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NewsDishwasher salt price hikes lead to shortage in the supermarkets
At the time of writing, Reckitt brand Finish was missing from many of the major retailers
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NewsHopes rise for Reckitt Benckiser after troubled pandemic performance
The Dettol maker raised its full-year revenue forecast after a stronger third quarter than forecast
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NewsCity snapshot: Reckitt raises sales expectations as cold and flu sales rebound
Reckitt Benckiser has raised its full year revenue forecast after a stronger third quarter than expected as sales volumes and pricing both increased in the period. Plus, THG strenghtens board as third quarter growth slows.
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NewsFinish cuts plastic packaging and unveils Tesco recycling partnership
The move comes as part of a wider initiative by Reckitt Benckiser to make 100% of its plastic packaging recyclable or reusable by 2025
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NewsCity News: Reckitt Benckiser shares tumble as it warns of mounting cost pressures
Reckitt Benckiser was the latest consumer goods giant to warn of the pressures of mounting costs this week as its share price tumbled on inflationary concerns
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NewsCity News: Reckitt shareholders’ relief at sale of Chinese infant formula business
The group will continue to own the Mead Johnson and Enfa brands
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NewsCity Snapshot: Reckitt Benckiser offloads baby milk business in China for $2.2bn
Reckitt Benckiser has agreed to sell its struggling baby formula business in China to a global investment firm for $2.2bn (£1.6bn). Plus, Tesco and Carrefour call it a day on purchasing alliance; and English sparkling wine producer Gusbourne increases sales thanks to DTC and international shift during Covid.
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Comment & OpinionWhy consumer health is attracting big investment
Nestlé and Unilever are capitalising on consistently growing interest in the category, says Warren Ackerman, head of European consumer staples research at Barclays