All Reckitt Benckiser articles
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News
City snapshot: PZ Cussons to sell-off St Tropez to refocus group
PZ Cussons is kicking off a sale process for self-tanning brand St Tropez as part of reorganisation of the group. Plus, Reckitt Benckiser, Heineken and Nichols report Q1 numbers, Supreme issues a year-end trading update, and Haleon appoints Tate & Lyle CFO as its new CFO.
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News
City News: Hangover for Naked Wines investors
Shareholders in Naked Wines suffered another hangover this week as media reports on the online wine retailer hiring Interpath to refinance its debt sent the shares tanking by more than 20%
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News
City snapshot: Reckitt Benckiser shares reeling after US baby formula ruling
Shares in Reckitt Benckiser have rallied this morning but remain at ten-year lows after the multinational saw £5bn wiped from its value on Friday as investors worried about the group’s exposure to lawsuits in the US
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News
City News: Reckitt Benckiser shares slump after ‘unsatisfactory’ results
Consumer goods giant Reckitt Benckiser saw its share slump this week as its 2023 sales underperformed City expectations following an “unsatisfactory” fourth quarter.
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News
City snapshot: Reckitt Benckiser disappoints amid falling volumes and a weak Q4
Consumer goods giant Reckitt Benckiser has performed below City expectations in 2023 as like-for-like revenues declined 1.2% in a “unsatisfactory” fourth quarter. Plus, Just Eat Takeaway and Glanbia report full-year results
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News
M&S and Tesco among top-tier companies in anti-slavery ranking
The new CCLA benchmark is a tool for investors to understand which companies are actively fighting modern slavery
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News
City News: Reckitt Benckiser’s £1bn share buyback fails to win over City
A £1bn share buyback was not enough to placate Reckitt Benckiser investors this week, as the consumer giant’s shares slid back on weaker-than-expected sales volumes
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News
City snapshot: Virgin Wines tumbles into the red as sales falter
Virgin Wines UK has fallen into the red as pressure on consumer spending hit revenues and rising costs hurt margins. Plus, Reckitt and Heineken Q3 volumes tumble on higher prices, while Nichols appoints a new CFO.
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Analysis and Features
How the Global 50 largest fmcg companies are turning defence into attack
The world’s fmcg giants have soaked up plenty of pressure, and are looking to go back on the attack. Can they prosper in the post-Covid environment?
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News
City snapshot: Kris Licht to become Reckitt Benckiser CEO next month
Reckitt Benckiser has announced Kris Licht will take over from Nicandro Durante as CEO on 1 October
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Comment and Opinion
New Unilever, Reckitt and Diageo CEOs are in for a baptism of fire
The new generation of fmcg leaders face myriad challenges as they establish themselves in their respective hot-seats, says Warren Ackerman, head of European consumer staples research at Barclays
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News
City snapshot: Reckitt Benckiser appoints new CFO from Nike as Jeff Carr retires
Reckitt Benckiser CFO Jeff Carr has handed in his notice, with the multinational consumer goods group appointing a replacement from Nike to take over the role. Plus, Wynnstay Group appoints new finance director.
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News
City snapshot: Danone price hikes boost sales but Russia seizure triggers €200m hit
Danone has outperformed market expectations as it expanded margins and boosted revenues with price hikes at the expense of volumes. Plus, first-half results from Reckitt Benckiser, Nichols, British American Tobacco and Just Eat Takeaway. And Just Eat reports CFO resignation.
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News
Media Bites 27 April: Reckitt Benckiser, CBI, John Lewis
The main business headlines this morning focus on Reckitt Benckiser appointing a new CEO, as well as the ongoing crisis at the CBI.
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News
City snapshot: Reckitt Benckiser reveals new CEO as it beats Q1 expectations
Reckitt Benckiser has appointed a new CEO to take over from interim boss Nicandro Durante, while revealing a strong start to the year
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Comment and Opinion
Award-winning Vanish ad provides insight into autism
This intriguing ad has won Channel 4’s Diversity in Advertising Award
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News
City snapshot: Profits and sales jump at Reckitt as prices rise
Annual revenues at Reckitt Benckiser have increased 9.2% to £14.5bn as the Dettol to Durex owner increased prices by almost 10%. Plus, the latest BRC shop price index, and annual results from Vimto owner Nichols, Just Eat Takeaway and Glanbia
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News
City snapshot: Virgin Wines expects revenue resilience as under-pressure consumers ditch the pub
Virgin Wines is confident drinkers will ditch pubs and restaurants in favour of socialising at home as household spending is squeezed harder. Plus, Parsley Box considers AIM delisting and Heineken and Reckitt Benckiser issue Q3 results.
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News
City News: Reckitt shares hit by surprise departure of CEO Laxman Narasimhan
Investor confidence in the turnaround progress at consumer goods giant Reckitt Benckiser was shaken this week by the shock departure of its chief executive
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News
City snapshot: Reckitt CEO Laxman Narasimhan quits
Reckitt Benckiser CEO Laxman Narasimhan will step down as CEO later this month and will be replaced by former British American Tobacco CEO Nicandro Durante on an interim basis. Plus, Pernod Ricard posts strong annual growth and all the rest of the latest news from the City.