World Media

Reckitt first-quarter sales flat as problems persist

Reckitt first-quarter sales flat as problems persist

But the City was unimpressed, and Reckitt Benckiser was one of the biggest fallers on the FTSE 100. This included a 15% rise for its Health unit, 18% for the Hygiene unit, and 11% for the Home unit.

Reckitt Benckiser (LON:RB) has updated investors on its first-quarter performance this morning. Like-for-like sales exclude acquisitions, disposals and currency shifts.

Hargreaves Lansdown fund manager Charlie Huggins said this was the first quarter he could remember where the group had failed to increase its like-for-like sales.

There was better news in its Durex and Mucinex divisions, where there was growth.

President Trump addresses Paris incident: Looks like a terrorist attack
Hollande says that French authorities are convinced that this is a terrorist attack. "That's a very, very bad thing that's going on in the world today".

Within Home, air freshener Air Wick achieved growth outside of the United States, but this was offset on a like-for-like basis by weakness in the USA due to "challenging market conditions", Reckitt said.

On a like-for-like basis, revenue in the former fell by 2% as revenue in the latter grew by 4%.

Last year, sales were boosted by the launch of the "Wet & Dry Express pedi" footcare product that subsequently flopped. Still, the company said growth should improve over the course of the year, and it expected to hit its target for full-year sales growth of 3 percent.

Rakesh Kapoor, chief executive officer of the Dettol disinfectants to Neurofen painkillers group, said: "Our Q1 results are in line with expectations as macro conditions remain challenging".

Canada, US, Mexico To Make Joint Bid For 2026 Fifa World Cup
Mexico has hosted the tournament twice - in 1970 and 1986, while Canada hosted the women's World Cup in 2015. The country received praise from Blatter in 2011 who stated, "Colombia is ready for a World Cup ".

"We just have to go through this, knowing our underlying business is performing well", he said. "We remain very confident that the strategic direction we are pursuing will continue to drive shareholder value". Reckitt Benckiser said it's on track to close its $16.6 billion takeover of Mead Johnson Nutrition Co.in the third quarter.

The company confirmed earlier this month that it was reviewing strategic options for the business it called "non-core" as it looks to pay down debt from the Mead Johnson deal.

However, he said the "headwinds" should ease as the year progressed and that he was "encouraged" to see Reckitt sticking to its full year target of 3% growth.

Ronaldo happy to hit 100-goal milestone - Zidane
Cristiano Ronaldo is eyeing two more goals against Bayern Munich but expects April to be a "complicated" month for Real Madrid . Zidane's men are away to Sporting on Saturday, a match which will be followed by two crucial games in the space of a week .


  • Easter holiday rooted in Christian faith

    Easter holiday rooted in Christian faith

    Hollywood, MD- Today is Easter Sunday, one of the most celebrated days among Christians around the world. President of the Christian Association of Nigeria (CAN), Rev.
    Juan Manuel Montes Becomes First DREAMer Deported Under Trump Administration

    Juan Manuel Montes Becomes First DREAMer Deported Under Trump Administration

    King told Newsmax in 2013 that for every young immigrant that becomes a valedictorian, another 100 are smuggling drugs. In this undated photo provided by the National Immigration Law Center shows Juan Manuel Montes , 23.
    Cleveland Browns Aren't Saying Who They'll Pick In the NFL Draft

    Cleveland Browns Aren't Saying Who They'll Pick In the NFL Draft

    The 49ers could certainly use more choices; there's not one area on the team that is considered particularly deep or talented. If the Bears believe that Trubisky can be their franchise quarterback, I do not have a major problem with the selection.
  • 2 killed amid massive anti-government marches in Venezuela

    2 killed amid massive anti-government marches in Venezuela

    As tensions have mounted, the government has used its almost-complete control of Venezuela's institutions to pursue its opponents. Foreign governments are also warning about the increasingly bellicose rhetoric and repressive stance of the government.
    Sky Bet Championship review: Brighton all but promoted

    Sky Bet Championship review: Brighton all but promoted

    Reading went behind to relegated Rotherham , Tom Adeyemi on target, but hit back in the second half for a 2-1 win. We had a board meeting planned but that became the first day of the new season.
    Government must be enabler, not regulator: PM Modi

    Government must be enabler, not regulator: PM Modi

    The Prime Minister pointed out that earlier people depended on government for nearly everything as there was no competition. Prime Minister said, e-governance, m-governance, social media are good means to reach out to the people for their benefits.
  • Serena Williams is pregnant with her first child

    Serena Williams is pregnant with her first child

    The beginning of Williams' maternity leave coincides with the imminent return of two other big names on the tennis stage. I guess Serena Williams engagement announcement in December was about more than love for her and Alexis Ohanian.

    Sunderland's Wahbi Khazri Scores Directly From A Corner Vs

    If we are talking about the goalkeeper for that goal, it's very hard for a goalkeeper. In particular, Bilic absolved Randolph of blame for Khazri's freak strike.
    San Francisco Giants: Buster Posey Headed for the Designated List

    San Francisco Giants: Buster Posey Headed for the Designated List

    Gardenhire was to be in Minnesota to undergo surgery for prostate cancer later this month. "Mark's a beast. Posey was struck by an 0-1 pitch with two out in the first and immediately went down.
  • Massimiliano Allegri: Juventus earned respect of Europe with Barcelona win

    Massimiliano Allegri: Juventus earned respect of Europe with Barcelona win

    We deserved it and we have no reason to fear anyone", Buffon told Juventus' website. La Joya has been repeatedly linked to a move to Barcelona and Real Madrid.
    Pot stocks sell off in wake of release of federal legislation

    Pot stocks sell off in wake of release of federal legislation

    Prime Minister Trudeau's cannabis legislation would allow adults 18 or over to possess up to 30 grams of cannabis in public. The Canadian Cannabis Act sets out a penalty of up to 14 years in jail for those caught smuggling marijuana into the U.S.
    Oilers-Sharks a battle of two contrasting generations

    Oilers-Sharks a battle of two contrasting generations

    Game 5 will be played Thursday night in Edmonton , with the sixth game Saturday night in San Jose . As bad as things were for the Oilers in the first period, the second was far worse.