FTSE 100 giant Reckitt responds to share price plunge as Enfamil baby formula lawsuits mount Consumer goods The trial was the first of several hundred trials that are set to come to court surrounding the baby formula.
FTSE 100 close: London sinks into the red as shares in St James’s Place crash, Reckitt and Taylor Wimpey fall Markets 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.
Shares in Durex maker Reckitt flop as firm misses expectations Retail 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.
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.
Reckitt announces £1bn share buyback programme amid revenue growth October 25, 2023 Consumer goods giant Reckitt will kick off a £1bn share buyback after strong growth in health and hygiene divisions
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: Retiring CFO to be replaced by Nike finance boss August 23, 2023 Consumer goods giant Reckitt has announced the retirement of its chief financial officer, Jeff Carr, drafting in a business veteran from Nike to replace him. The firm said that Carr will step down next March after nearly four years at the company, with Reckitt praising him for his reducing its net debt and guiding the [...]
Durex-maker Reckitt shakes up top level with new hire June 1, 2023 Durex-maker Reckitt has shaken up its top level management announcing the appointment of new presidents of its health and nutrition divisions. The new hires come two months after the cleaning-products-to-sexual-health company welcomed the appointment of Kris Licht as head of global business – with Licht taking over the role later this year. Patrick Sly, who is [...]
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 [...]
CBI exodus: Which firms have quit or suspended their relationship with the lobby group? April 21, 2023 A slew of top firms have quit or suspended engagement with the CBI today after the lobby group was rocked by new allegations of sexual abuse.