logo
Plus   Neg
Share
Email

Reckitt Benckiser Q1 LFL Revenue Growth At 13.3% - Quick Facts

Reckitt Benckiser Group plc (RBGPF.PK,RB.L) reported first quarter total revenue of 3.54 billion pounds, up 12.3% from prior year. Group like for like growth was 13.3%, for the quarter. Hygiene LFL growth was at 12.8%, while Health LFL growth was 13.6%, for the quarter.

Laxman Narasimhan, CEO, said: "RB is showing encouraging progress towards becoming a great house in a great neighbourhood. We remain on track to have our new organisation largely in place by 1 July and to deliver the expected benefits of our strategy in the medium-term; sustained mid-single digit organic revenue growth and mid-20's margins by 2025."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Best Buy Co., Inc. is offering more tech deals at Black Friday prices starting Thanksgiving. Further, Cyber Monday offers will be available all week long, starting Saturday, November 28. The electronics retailer said the Thanksgiving offers for brands such as Apple, Dyson, KitchenAid and more will be available at BestBuy.com since its stores are closed for the day. Walt Disney Co. plans to lay off 32,000 workers in the first half of fiscal 2021 as the media and entertainment giant struggles to operate amid the worsening coronavirus pandemic. In a filing with the Securities and Exchange Commission, the company said the expected cuts will be primarily at Parks, Experiences and Products. Supermarket chain Whole Foods Market, owned by e-commerce giant Amazon, has recalled packaged popcorn chicken with sweet chili sauce citing the possible presence of undeclared shellfish or shrimp, an allergen, the U.S. Food and Drug Administration said. The affected products were sold across 26 Whole Foods Market locations in Northern California and Reno, Nevada.
RELATED NEWS
Follow RTT