Reckitt: Consumer Goods Giant Upgrades Outlook
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3 Articles
Reckitt More Positive On Outlook After Good Quarter
Reckitt saw its share price hit its highest level since early 2024 this morning after raising its annual revenue forecast on the back of better-than-expected second-quarter sales growth. The consumer goods giant saw its like-for-like revenue over three months to (more…) The post Reckitt More Positive On Outlook After Good Quarter appeared first on KamCity.
Reckitt: Consumer goods giant upgrades outlook
Reckitt Benckiser has upgraded its expected revenue for its core brands this year, following the implementation of a significant simplification drive last year. The FTSE 100 giant now expects like for like net revenue growth to above be above four per cent in ‘Core Reckitt’ brands – which include Dettol, Nurofen and Lysol – this year, up from three to four per cent. Last year, Reckitt announced that it would focus on these ‘Powerbrands’ and sell…
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