Reckitt Benckiser Confirms Fiscal Year Outlook After 1Q Revenue Rose

Date : 05/02/2019 @ 7:37AM
Source : Dow Jones News
Stock : Reckitt Benckiser PLC (PK) (RBGLY)
Quote : 15.205  0.155 (1.03%) @ 8:14PM
Reckitt Benckiser (PK) share price Chart

Reckitt Benckiser Confirms Fiscal Year Outlook After 1Q Revenue Rose

Reckitt Benckiser (LSE:RB.)
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   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


(END) Dow Jones Newswires

May 02, 2019 02:22 ET (06:22 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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