Reckitt Benckiser Group PLC Strategic Review of Food Business (2717B)
April 03 2017 - 2:00AM
UK Regulatory
TIDMRB.
RNS Number : 2717B
Reckitt Benckiser Group PLC
03 April 2017
Further to recent press speculation, RB is announcing that we
are beginning a strategic review of our food business.
"French's Food is a truly fantastic business with great brands,
people and a history of outperformance. It is nevertheless non core
to RB. We have therefore decided to initiate a strategic review of
Food where we will explore all options for this great business"
RB will update the market going forward, when appropriate.
For further information, please contact:
RB
Richard Joyce
SVP, Investor Relations
James Tilley
Finance Director, Investor Relations
Patty O'Hayer
Director, External Relations
and Government Affairs +44 (0)1753 217800
Brunswick (Financial PR) +44 (0)20 7404
David Litterick 5959
Notice to shareholders
Cautionary note concerning forward-looking statements
This presentation contains statements with respect to the
financial condition, results of operations and business of RB (the
"Group") and certain of the plans and objectives of the Group that
are forward-looking statements. Words such as "intends', 'targets',
or the negative of these terms and other similar expressions of
future performance or results, and their negatives, are intended to
identify such forward-looking statements. In particular, all
statements that express forecasts, expectations and projections
with respect to future matters, including targets for net revenue,
operating margin and cost efficiency, are forward-looking
statements. Such statements are not historical facts, nor are they
guarantees of future performance.
By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on
circumstances that will occur in the future. There are a number of
factors that could cause actual results and developments to differ
materially from those expressed or implied by these forward-looking
statements, including many factors outside the Group's control.
Among other risks and uncertainties, the material or principal
factors which could cause actual results to differ materially are:
the general economic, business, political and social conditions in
the key markets in which the Group operates; the ability of the
Group to manage regulatory, tax and legal matters, including
changes thereto; the reliability of the Group's technological
infrastructure or that of third parties on which the Group relies;
interruptions in the Group's supply chain and disruptions to its
production facilities; the reputation of the Group's global brands;
and the recruitment and retention of key management.
These forward-looking statements speak only as of the date of
this announcement. Except as required by any applicable law or
regulation, the Group expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Group's expectations with regard thereto or any change in
events, conditions or circumstances on which any such statement is
based.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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