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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
05/17/201305:54:09LONDON MARKETS: Banks Lift U.K. Stocks After Upgrade
05/09/201301:25:11Unilever Announces Purchase Period for Increasing Stake in India...
05/03/201319:46:09Unilever Plans to Sell Wish-Bone Salad Dressing Business -Mergermarket
05/01/201314:37:35Companies Serving Consumers in India Are M&A Targets
04/30/201312:42:35LONDON MARKETS: U.K.'s FTSE 100 Ends Lower; Lloyds, BP Gain
04/30/201312:40:05EUROPE MARKETS: Europe Stocks End Lower But Germany's DAX Gains
04/30/201311:31:49LONDON MARKETS: Lloyds, BP Among Few Gainers In London
04/30/201311:25:55EUROPE MARKETS: Germany A Bright Spot In A Down Europe Market
04/30/201310:52:48LONDON MARKETS: Lloyds, BP Among Few Gainers In Lower London
04/30/201310:04:10EUROPE MARKETS: Deutsche Bank, UBS Higher As Europe Struggles
04/30/201309:18:08India Rupee At 2-Week High, Bonds Gain
04/30/201306:06:35LONDON MARKETS: Lloyds, BP Top Performers In Flat FTSE 100
04/30/201304:47:10EUROPE MARKETS: Europe Struggles As UBS, Deutsche Bank Jump
04/30/201304:43:19EUROPE MARKETS: Europe Struggles, UBS, Deutsche Bank Jump
04/30/201303:27:03Unilever to Increase its Stake in Hindustan Unilever
04/30/201300:50:13Unilever Offers to Boost Stake in India Unit
04/30/201300:30:19Unilever Offers to Boost Stake in India Unit to 75%
04/29/201305:27:20Hindustan Unilever Net Profit Increases 15%
04/25/201312:20:49EUROPE MARKETS: Europe Stocks Rise As U.K. Avoids Recession
04/25/201312:19:15LONDON MARKETS: U.K. Stocks Rise As GDP Data Beat Views

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