Reckitt chief Laxman Narasimhan steps down September 1, 2022 Consumer goods giant Reckitt Benckiser announced today that chief Laxman Narasimhan will step down from his role at the end of this month as he moves back to the US “for personal and family reasons”.
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 [...]
FTSE 100 close: London sinks into the red as shares in St James’s Place crash, Reckitt and Taylor Wimpey fall February 28, 2024 Shares in St James Place plummeted after it slashed its dividend and warned that costs connected to complaints would be a drag on growth in the coming year.
Subsiding pandemic hits revenue for hygiene products from Reckitt Benkiser October 26, 2022 Hygiene products took a hit for producer of health and nutrition products Reckitt Benckiser, as the firm recorded strong revenue growth elsewhere. The UK-Dutch firm based in Slough reported like-foxlike growth of 7.4 per cent in the third quarter of the year, pulled up by a surge in nutrition and health products. Known for producing [...]
Growth for Durex owner Reckitt as punters find new way to warm the home October 26, 2022 CONSUMER giant Reckitt enjoyed another bumper quarter heading into the winter – with strong momentum in one particular category suggesting consumers across the world might have found alternative ways to keep warm amid the energy crisis. The firm said it had seen “strong growth” in its intimate wellness portfolio, which includes Durex and KY, alongside [...]
Reckitt Benckiser begins process to ditch Russian arm April 14, 2022 Reckitt Benckiser has started the process to offload its Russian business, following the country's invasion of Ukraine.
Reckitt Benckiser announces strong revenue growth as it tackles inflation in the first half July 27, 2022 Reckitt Benckiser reported strong revenues and performance in the first half of 2022 as it continues to tackle the challenging inflationary pressures gripping the global economy. The consumer goods company reported a revenue growth of 8.6 per cent to £3.5bn and saw continued broad-based growth across all of its business units and geographies. Adjusted operating profit [...]
Dettol-maker Reckitt Benckiser reports revenue boost February 17, 2022 Dettol-maker Reckitt Benckiser beat analysts’ expectations today as it reported revenues grew to £13.2bn in 2021.
Durex and Lysol owner Reckitt sees revenue top £14bn as consumers continue to choose branded medicine over generic ‘cheaper’ drugs March 1, 2023 Durex owner Reckitt Benckiser has said it was entering the year as a “strengthened business” after reporting a strong sales increase for the year led by its nutrition business. The UK company, which also owns other brands including Dettol, saw net revenue growth for the year up 9.2 per cent to £14.45bn. Revenues in its [...]
Reckitt Benckiser still riding hygiene wave as profits jump October 26, 2021 Hygiene giant Reckitt Benckiser is still riding the wave of the pandemic engineering a shift toward greater cleanliness. The Detol manufacturer posted over £3bn in net revenues in the three months to September, up 3.3 per cent on a like-for-like (LFL) basis compared to the same period last year. Laxman Narasimhan, chief executive of Reckitt [...]