Reckitt: FTSE 100 giant’s revenue slides amid restructuring Retail Reckitt has reported a drop in like-for-like revenue as the company continues to struggle after the pandemic. For the third quarter the company reported like-for-like net revenue growth of -0.5 per cent, although revenue increased 0.4 per cent for the year to 30 September. Overall, the group reported a net revenue decline of four per [...]
Reckitt Benckiser: Dettol producer shares plunge on baby formula fears Business Shares in Reckitt Benckiser plunged nearly 10 per cent after a US jury found Abbott Laboratories failed to warn consumers about the health risks of its product.
Market shrugs at Durex owner Reckitt’s growth and simplification plan retail Durex condom maker Reckitt Benckiser has pledged to sell off its home care and nutrition brands as part of a simplification drive, instead focusing on health and hygiene.
Reckitt Benckiser: ‘Significant damage’ from tornado will hit baby formula sales July 17, 2024 Baby formula sales at Reckitt Benckiser are set to be hit by “significant damage” to a warehouse which was struck by a tornado, the consumer hygiene company has said.
FTSE 100 giant Reckitt responds to share price plunge as Enfamil baby formula lawsuits mount March 15, 2024 The trial was the first of several hundred trials that are set to come to court surrounding the baby formula.
The week that was: St James’s Place and Reckitt lead painful few days for the City March 2, 2024 A week in which 50 firms posted their final results was always going to produce some news. St James's Place and Reckitt defined a bruising few days for the Square Mile.