Reckitt Benckiser unveils £1bn share buyback
25th Oct 2023 07:01
(Sharecast News) - Reckitt Benckiser unveiled plans to return £1bn to shareholders on Wednesday, as new chief executive Kris Licht laid out plans to boost revenues over the medium term.
Read moreReckitt Benckiser CFO Carr to retire
23rd Aug 2023 07:30
(Sharecast News) - Reckitt Benckiser said on Wednesday that chief financial officer and executive director Jeff Carr plans to retire at the end of March next year.
Read moreJPMorgan picks three UK defensive stocks to watch
21st Aug 2023 08:30
(Sharecast News) - JPMorgan has kept its 'overweight' rating on UK-listed consumer goods and staples stocks Diageo, Reckitt Benckiser and Imperial Brands, saying the companies are "well positioned" going into the second half of the year.
Read moreReckitt Benckiser revenues grow in first half
26th Jul 2023 07:21
(Sharecast News) - Reckitt Benckiser posted a jump in first-half like-for-like net revenue on Wednesday, driven by solid performances across its portfolios.
Read moreDirector dealings: Diversified Energy board members invest, Reckitt CFOs cover tax bills
31st May 2023 14:09
(Sharecast News) - Reckitt Benckiser was at the top of the list of director sells on Wednesday, after both its outgoing and incoming finance chiefs offloaded large tranches of shares to cover tax liabilities.
Read moreBerenberg raises target price on Reckitt
27th Apr 2023 10:05
(Sharecast News) - Analysts at Berenberg raised their target price on consumer goods company Reckitt Group from 7,575.0p to 7,840.0p on Thursday, stating the earnings upgrade cycle persists.
Read moreReckitt appoints new CEO; Q1 sales rise
26th Apr 2023 08:07
(Sharecast News) - Consumer goods giant Reckitt Benckiser announced the appointment of a new chief executive on Wednesday as it posted a better-than-expected rise in first-quarter sales amid price hikes.
Read moreDeutsche Bank cuts price target on Reckitt Benckiser
3rd Apr 2023 10:55
(Sharecast News) - Analysts at Deutsche Bank lowered their target price on multinational consumer goods company Reckitt Benckiser from 6,500.0p to 6,250.0p on Monday.
Read moreReckitt Benckiser swings to FY profit, lifts dividend
1st Mar 2023 08:09
(Sharecast News) - Dettol and Nurofen maker Reckitt Benckiser said on Wednesday that it swung to a full-year profit and lifted its dividend as it benefited from higher prices.
Read moreBerenberg lowers target price on 'still mispriced' Reckitt
27th Oct 2022 10:18
(Sharecast News) - Analysts at Berenberg slashed their target price on household goods manufacturer Reckitt from 8,200.0p to 7,050.0p on Thursday but reiterated its 'buy' rating on the "still mispriced" stock.
Read moreReckitt Benckiser narrows sales target as Q3 sales grow
26th Oct 2022 07:10
(Sharecast News) - Consumer goods giant Reckitt Benckiser narrowed its full-year sales target on Wednesday as it posted a jump in third-quarter revenues despite "challenging" market conditions and pointed to strong demand for infant formula in the US.
Read moreReckitt Benckiser CEO Laxman Narasimhan to step down
1st Sep 2022 07:36
(Sharecast News) - Consumer goods giant Reckitt Benckiser said on Thursday that chief executive officer Laxman Narasimhan will step down on September 30.
Read moreReckitt lifts sales guidance after 'strong' first half
27th Jul 2022 07:41
(Sharecast News) - Consumer goods company Reckitt Benckiser lifted its full-year sales outlook on Wednesday following a "strong" first half.
Read moreReckitt considers ditching sale of infant nutrition unit - report
28th Jun 2022 10:59
(Sharecast News) - Reckitt Benckiser is reportedly considering whether to shelve the sale of its infant nutrition unit, as the high-profile deal falls victim to chaos in the industry and worsening financing markets.
Read moreReckitt struggling with sale of infant nutrition business - report
27th May 2022 15:36
(Sharecast News) - Reckitt Benckiser is reportedly struggling with the sale of its infant nutrition unit, with only a small number of private equity funds following through with bids.
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