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Reckitt Benckiser To Scrap Quarterly Profit Reports - Report

LONDON -(Dow Jones)- Reckitt Benckiser PLC (RB.LN) is to stop including full profit reports in its quarterly trading updates, instead moving to include only sales figures outside of the interim and full-year earnings periods, the Sunday Telegraph reported without citing sources. The paper said new chief executive Rakesh Kapoor is also expected to announce a shift in emphasis from American and European markets which have come under extreme consumer pressure, to emerging markets like China where the household goods firm sells very few of its brands. The company will announce its full year results on Feb. 8. Rival Unilever PLC (UL) made a similar change to its quarterly updates last year. A spokesman for Reckitt Benckiser declined to comment immediately on the report. -London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320

Stock News for Unilever America (UL)
DateTimeHeadline
04/26/201604:10:00Bayer Posts 13% Jump in Net Profit
04/26/201603:02:00Bonanza Time' for Europe Bonds -- WSJ
04/25/201617:41:00ADRs End Lower; Philips Declines
04/25/201614:21:00Unilever Almost Borrowing for Free Following ECB Bond-Buying...
04/25/201612:25:00Unilever Issues EUR1.5 Billion In Bonds
04/25/201608:51:00Unilever Almost Borrowing for Free Following ECB Bond-Buying...
04/19/201602:20:00Danone Sales Dented by Stronger Euro
04/15/201603:03:00Unilever Copes With Currency Woes -- WSJ
04/14/201618:51:00ADRs End Mixed; BP Falls
04/14/201603:41:00Unilever Sales Fall on Currencies, Offsetting Better Volume...
04/14/201603:20:00Unilever Sales Fall on Currencies, Offsetting Better Volume...
04/14/201603:09:00Unilever Sales Fall on Currencies, Offsetting Better Volume...
04/14/201602:48:00Unilever First-Quarter Revenue Fell 2%; Volume, Prices Rose
04/12/201608:57:00Unilever NV 1Q 2016 - Forecast
04/06/201607:02:00Barry Callebaut Turns Bullish on Chocolate Outlook -- 2nd Update
04/06/201604:50:00Barry Callebaut Turns Bullish on Chocolate Outlook
04/06/201604:32:00Barry Callebaut Turns Bullish on Chocolate Outlook -- Update
03/10/201607:50:00Unilever Compensates Workers For Alleged Mercury Poisoning in...
03/10/201607:03:00Unilever Compensates Workers in Dispute Over Alleged Mercury...
02/28/201621:00:00Vice Media to Launch Its Own Cable- TV Channel

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