LOGO
LOGO

Corporate News

Reckitt Benckiser Q1 Total Net Revenue Up 7% - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Consumer goods company Reckitt Benckiser Group Plc (RB.L,RBGPF.PK) posted 7% higher first-quarter total net revenue of 2.52 billion pounds, with like-for-like sales also rising 7%. Like-for-like net revenue growth, excluding RB Pharmaceuticals or RBP, was 6%.

Looking forward, the company said it remains confident of achieving its full-year targets of +5-6% total net revenue growth, excluding RBP at constant exchange rates, while maintaining operating margins.

Reckitt Benckiser's Chief Executive said, "We are pleased with a strong start to the year, with our Health and Hygiene brands leading RB's growth across all geographies. Growth was driven from a combination of innovations, increased Brand Equity Investments and better in market executions. Mucinex and Strepsils have done particularly well, benefitting from a higher incidence of flu in the US and Cold, Flu and Sinus innovations. Nurofen and Durex also had a strong performance. In Hygiene, Dettol continues to grow very strongly in Emerging Market Areas through innovation and category expansion, and Lysol is performing well in the US."

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19