Reckitt Benckiser Confirms Fiscal Year Outlook After 1Q Revenue Rose
May 02 2019 - 2:37AM
Dow Jones News
By Anthony Shevlin
Consumer-goods company Reckitt Benckiser Group PLC (RB.LN) said
Thursday that revenue in the first quarter rose and backed its
targets for 2019.
The company behind brands such as Cillit Bang cleaning products
and Nurofen painkillers said it generated revenue of 3.16 billion
pounds ($4.13 billion), compared with GBP3.11 billion the prior
year.
FTSE 100-listed Reckitt said like-for-like revenue growth was
1%.
Reckitt confirmed its 2019 targets of 3% to 4% like-for-like
revenue growth and for its adjusted operating margins to be
maintained.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com;
@anthony_shevlin
(END) Dow Jones Newswires
May 02, 2019 02:22 ET (06:22 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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