Reckitt shares slump as Durex owner fears £150m Iran war hit Retail Reckitt shares slumped after the consumer goods giant warned it could take a hit of up to £150m if the Iran war keeps oil prices high for the rest of the year. The FTSE 100 firm – which owns Durex condoms and cleaning brands like Dettol, Vanish and Calgon – saw its stock fall by [...]
Reckitt: Durex condom maker strips back costs as profit inches up Retail Consumer goods giant Reckitt posted a bump to revenue in the last financial year as its cost overhaul strategy to focus on specific divisions ramped up. The blue-chip firm – which owns a massive portfolio of brands including Dettol, Durex, Lysol, Finish, Vanish, and Gaviscon – recorded a 5.2 per cent increase in revenue, driven [...]
Reckitt Benckiser: Dettol, Durex and Gaviscon drive growth but America lags Retail Consumer goods giant Reckitt Benckiser has reported an uptick in profit driven by its core brands and emerging markets despite a slowdown in North America. Group revenue at the company rose by 1.1 per cent in the first quarter of the year. This growth was driven by emerging markets China and India, where like-for-like revenue [...]
Dettol and Nurofen owner Reckitt to sell divisions as it slims down March 6, 2025 Dettol, Lysol, Durex, and Nurofen owner Reckitt has delivered a mixed financial performance for 2024, with modest like-for-like revenue growth and increased profitability but a decline in reported net revenue due to foreign exchange impacts. Like-for-like net revenue rose 1.4 per cent, driven by gains in Hygiene and Health, while Nutrition declined. Hygiene and Health [...]
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 [...]
