Exodus: Eight troubling omens for the London Stock Exchange March 4, 2024 The pace of delistings and take-privates looks set to continue this year.
Shares in Durex maker Reckitt flop as firm misses expectations February 28, 2024 Shares in Durex condom maker Reckitt Benckiser have flopped over nine per cent after the firm missed analyst expectations and revenues showed signs of slowing.
Indivior plans primary US listing in another hit to London’s flagging equity market February 22, 2024 While the firm said it would look to maintain a secondary listing in the UK, the decision to shift its primary listing marks a big change for the company.
Ex-media man takes chair role at consumer giant Reckitt November 15, 2023 Reckitt told markets this morning that the business mogul would replace the former frontman for Mattel who held the role for almost a decade.
Unilever: All eyes on Ben & Jerry’s maker’s progress after leadership shakeup October 22, 2023 Investors will turn their focus to Unilever’s third quarter on Tuesday results to see how the ice cream and deodorant maker is faring after a leadership shakeup. New chief executive Hein Schumacher officially took over from his predecessor Alan Jope back in July, telling investors at the time he wanted to see more of its [...]
New Reckitt Benckiser chief to take reins next month as Durex maker looks for ‘smooth’ transition September 1, 2023 Consumer health giant Reckitt Benckiser has announced new chief Kris Licht will take over the reins from 1 October as chief Nicandro Durante stands down The FTSE 100 firm announced Licht as its new chief executive in April this year and he has been working alongside current boss Durante since the beginning of May. Reckitt [...]
Reckitt: Durex maker’s sales swell as price hikes offset volume slump July 26, 2023 Durex-maker Reckitt Benckiser said ramping up its prices had helped soften the blow of a volume slowdown in the first half of the year as it topped analyst expectations. Reckitt, which also owns Cillit Bang and Dettol among other brands, posted a pretax profit of £1.64bn for the first half of the year, down from [...]
Gerry Murphy: Who is Tesco’s new chair? July 2, 2023 Two months after Tesco’s former chair John Allan stepped down following allegations of sexual misconduct the ‘Big Four’ grocer has appointed boardroom heavyweight Gerry Murphy to fill the role. Dr. Murphy, an Irish businessman, is already the chairman of luxury fashion brand Burberry and sugar manufacturing business Tate & Lyle, however will step down from [...]
Gerry Murphy to take chairman role at Tesco after John Allan resignation July 2, 2023 The UK’s biggest supermarket chain Tesco has appointed a new chairman after his predecessor stepped down amid allegations of inappropriate behaviour. Dr Gerry Murphy, current chairman of luxury fashion brand Burberry and Tate & Lyle, the ingredients maker, is to replace John Allan in the top job, Tesco said. He will take up the role [...]
Reckitt: Growth for Durex owner as it welcomes new CEO April 26, 2023 Durex maker Reckitt Benckiser reported strong revenue growth in the first leg of the year as the consumer goods giant revealed a new chief executive to lead the group. The cleaning products to sexual health company posted like-for-like revenue growth of £3.9bn up 7.9 per cent in the same period last year, as the group [...]