Archive of all Reckitt Benckiser articles – Page 3
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News
Reckitt venture arm invests £4m in Indian male grooming player
Reckitt Benckiser’s venture division has led a £4m funding round in Indian-based Bombay Shaving Company.
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Media Bites 10 November: Covid vaccine, Reckitt Benckiser, Ocado, EG Group
Global markets roared higher in a rally led by companies hit hardest by the pandemic after Pfizer and BioNTech revealed a breakthrough in the race to find a vaccine for Covid-19.
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Dettol links with Asda for hand sanitiser stations
The Reckitt Benckiser-owned brand has begun offering hand sanitiser at 694 Asda stores across the country
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City snapshot: Reckitt Benckiser raises revenue forecast as disinfectant sales soar
Reckitt Benckiser has reported strong third quarter revenues as demand for its disinfectant brands remain high and the relaxation of lockdown restrictions around the world helped Durex rise again. Plus, Britvic agrees new 20-year bottling agreement with PepsiCo and also increases profit forecasts for the year.
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City snapshot: Reckitt brands clean up amid coronavirus demand spike
Sales and profits have soared at Reckitt Benckiser in the first half as hygiene-conscious consumers flocked to buy its disinfectant brands during the Covid-19 outbreak. Plus, on a busy morning trading updates from Greencore, AG Barr, Greggs and B&M and all the rest of the latest news from the City.
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Comment & Opinion
Vanish brings the outside in with grubby parade
The latest ad for Vanish might well end up capitalising on a certain anxiety around cleanliness
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News
City snapshot: Reckitt cuts full year forecast after ‘disappointing’ third quarter
Reckitt Benckiser has cut its full year growth expectations after issues in China and the US led to a “disappointing” third quarter. Plus, Devro shuts Scottish factory, new CFO for Ahold Delhaize, trading update from McBride and all the rest of the latest news from the City.
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City snapshot: Reckitt Benckiser agrees $1.4bn US drugs fine
Reckitt Benckiser has agreed to pay a $1.4bn fine to close a US Department of Justice investigation into the sales and marketing of an opioid addiction drug under its former pharma arm. Plus, McBride warns of further sales weakness and all the rest of the latest news from the City.
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News
Reckitt Benckiser admits to 'slow' first quarter
Consumer health giant Reckitt Benckiser has posted a “slow” start to the year, with overall first quarter like for like growth of just 1%.
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Reckitt Benckiser CEO Rakesh Kapoor to stand down
Consumer health giant Reckitt Benckiser has announced this morning that Rakesh Kapoor will retire from his position as CEO by the end of 2019.
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Baby milk factory disruption hits third quarter sales at Reckitt Benckiser
”FTSE 100 consumer goods giant Reckitt Benckiser saw a 2% drop in headline revenues in the third quarter as weak sales in infant nutrition and the impact of currencies hit its top-line results.
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Fmcg suppliers make new global commitment on plastics
The Ellen MacArthur Foundation today (29 October) launched its New Plastics Economy Global Commitment
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City snapshot: Reckitt Benckiser ups sales targets after baby formula growth
Durex and Clearasil maker Reckitt Benckiser (RB.) lifted sales targets after half-year revenues were boosted by its acquisition of Mead Johnson, Danone’s growth slows after consumer boycotts in Morocco, and the rest if this morning’s finance updates
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Reckitt Benckiser tumbles on weak first quarter growth
Household goods giant Reckitt Benckiser (RB) fell sharply as modest first quarter sales growth failed to meet analysts’ estimates.
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City snapshot: Reckitt Benckiser like-for-likes up 2% in first quarter
FTSE 100 consumer goods giant Reckitt Benckiser has posted 2% like-for-like sales growht in the first three months of the year, despite weak sales of its Scholl and Dettol brands. Plus, Brakes’ first financial accounts under the ownership of US food distribution giant Sysco show a 30% fall in pro-rata operating profits and all the rest of the latest news from the City.
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Credit Suisse downgrades consumer giants over stagnant sales prospects
Broker Credit Suisse has downgraded global fmcg giants Reckitt Benckiser and Kraft Heinz amid concerns a lack of product innovation and foreseeable sales growth will eat into earnings.
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Reckitt Benckiser's shares hit by future performance concerns
Durex maker Reckitt Benckiser’s shares dropped to their lowest level for two years on Monday
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City snapshot: Sales surpass £1bn at McColl's
Annual sales at McColl’s Retail Group smashed through the £1bn barrier last year thanks to the rapid expansion of its store portfolio. Plus, a return to growth in the fourth quarter failed to lift Reckitt Benckiser as the Dettol to Durex maker reported flat like-for-like sales for 2017.
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News
Mr Sheen makes TV comeback with first live-action advert
The £800,000 Back to Banish Dust push kicks off this evening (4 December)
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Reckitt restructure baffles City analysts
A surprise radical restructure at Reckitt Benckiser left analysts scratching their heads this week