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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
12/18/201419:58:43Unilever Withdraws Suit Against Maker of Egg-Free 'Mayo' -- Update
12/18/201419:47:50Unilever Withdraws Suit Against Maker of Egg-Free 'Mayo'
12/12/201418:27:31Decline in Ruble Starting to Hurt Western Multinationals
12/05/201400:33:13Hindustan Unilever Shares Are No Bargain -- Barron's Asia
12/04/201412:57:56LONDON MARKETS: U.K. Stocks Fall As ECB Puts Further Stimulus...
12/04/201408:41:14LONDON MARKETS: Resource-sector Shares Weigh On FTSE 100
12/04/201408:06:15Unilever to Separate Spreads Division -- 2nd Update
11/28/201405:48:19Palm Oil Could Put Cash In Hand -- Barron's Asia
11/25/201404:39:02Byotrol 1st Half Pretax Loss Narrows
11/17/201421:00:10Africa Makes Strides in Corporate Accounting, Governance
11/11/201403:00:08Henkel Revenue and Adjusted Profits Up
11/11/201402:53:43Henkel Revenue and Adjusted Profits Up on Emerging Market Growth
10/23/201418:43:48ADR Shares End Mixed; Nokia, Unilever Shares Trade Actively
10/23/201412:38:04LONDON MARKETS: FTSE Rides European Optimism, But Tesco Slumps
10/23/201403:55:21LONDON MARKETS: Tesco Slumps, Sends FTSE Lower For First Time...
10/20/201409:30:49Unilever 3Q 2014 -- Forecast
09/22/201413:11:06Tesco Suspends Executives, Probes Accounting Error--5th Update
09/18/201407:02:04LONDON MARKETS: FTSE 100 Flat As Scots Head To The Polls
07/24/201406:14:34Unilever Sees First-Half Profit Growth But Slowdown in Emerging...
07/24/201406:09:25Unilever Sees Slowdown in Emerging Markets

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