Reckitt Benckiser Group PLC

Reckitt Benckiser Group Plc engages in the manufacture and trade of consumer brand products including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, and Woolite. It operates through the following segments: Hygiene, Health, and Nutrition. The company was founded by Johann A. Benckiser in 1823 and is headquartered in Slough, the United Kingdom.

Reckitt Benckiser reported great results with an increasing top line and solid earnings per share (compared to a loss in the previous year). And although the business profited from COVID-19 and the current U.S. infant formula disruption, it would be naïve not to see the underlying business improving.

Reckitt Benckiser Is On The Right Path

Colgate-Palmolive

Henkel AG & Co KGaA

Soap and cleaning materials companies continue to struggle with elevated logistics, input and manufacturing costs amid supply-chain issues. Innovation and hygiene campaigns are likely to drive growth for players like Colgate (CL), Reckitt (RBGLY) and Henkel (HENKY).

3 Soaps & Cleaning Materials Stocks to Watch in a Troubled Industry

Laxman Narasimhan's time at Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) comes to an end, but where does it leave the company? The 55-year-old American joined the owner of brands such as Durex, Dettol and Cilit Bang three years ago after being poached from Pepsi, but leaves his position exactly three years after he joined the FTSE 100 firm, unexpectedly and immediately.

Reckitt Benckiser departure leaves group in limbo mid-turnaround

Reckitt Benckiser Group PLC RKT, -3.79% said Thursday that Chief Executive Officer Laxman Narasimhan has decided to step down with effect from Sept. 30.

Reckitt Benckiser CEO Laxman Narasimhan to step down

Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) chief executive Laxman Narasimhan is leaving the FTSE 100 group after a three-year stint as he wants to leave the UK and move back to the US. The Durex, Dettol and Cillit Bang owner had poached Narasimhan from Pepsi in 2019, looking for a new start after a difficult couple of years.

Reckitt Benckiser CEO departs back to the US

Unilever

Haleon PLC

Consumer goods companies enjoyed a strong week, but what makes them so special? Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB), Unilever PLC (LSE:ULVR) and Haleon PLC (LSE:HLN, NYSE:HLN) are the consumer goods FTSE 100 companies which all posted an impressive set of results and raised guidance for the year.

Unilever, Reckit and Haleon stand strong in tough times, but can it last?

Reckitt Benckiser, maker of Dettol cleaning products and Durex condoms, has contingency plans in place to keep a major European facility from shutting down if energy to the continent is cut off, the company's chief executive told Reuters.

Reckitt has contingency plans in place if Europe loses gas supply

Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) beat revenue expectations and raised guidance for the year but warned prices will remain high. The manufacturer of everything from Durex to Dettol said revenues grew 8.6% to £6.8bn in the six months to the end of June compared to the same period last year, beating previous guidance of 1%-4% growth.

Reckitt Benckiser beats guidance but warns prices will remain high

Britain's Reckitt Benckiser, maker of Dettol and Lysol cleaning products, on Wednesday beat second-quarter sales expectations after raising prices to make up for soaring input costs.

Reckitt posts 11.9% rise in quarterly like-for-like sales, beating expectations

Consumer goods maker Reckitt Benckiser seems to be doing well in health and hygiene. The 2017 infant nutrition acquisition remains problematic but is hopefully winding down as an issue for the firm.

Reckitt Benckiser: On The Road To Recovery

Enfamil maker Reckitt on Wednesday afternoon flew 65 tonnes of baby formula to Chicago from its plant in Singapore, shoring up supplies amid a months-long shortage in the United States, the company said.

Enfamil maker Reckitt flies baby formula to U.S. from Singapore

Imperial Brands PLC

Consumer ‘staples' Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) and Imperial Brands PLC (LSE:IMB) should stand firm in tough times according to broker RBC Group, which has them as recession stock picks.   The investment bank said that “with a relatively resilient portfolio in the event of wider economic unpredictability, we believe Reckitt is undervalued”.

Reckitt, Imperial Brands among broker's UK recession stock picks

Reckitt Benckiser Group plc (LON: RKT) is in a “unique position” to address the ongoing baby formula crisis, says Senior Vice President Robert Cleveland. Cleveland's remarks on CNBC's ‘Closing Bell' The British multinational is waiting for approval from the FDA to bring the product it produces at its Singapore and Mexican facilities to the United […] The post Reckitt is in a ‘unique position to address the baby formula crisis' appeared first on Invezz.

Reckitt is in a ‘unique position to address the baby formula crisis'

The FDA still has to give the green light for Reckitt to bring in product to the U.S. from Asia and Latin America.

Reckitt says baby formula plants in Singapore and Mexico can produce 21 million bottles for U.S. if FDA approves

The U.S. baby formula crisis has boosted profits at Britain's Reckitt Benckiser and helped it grab the top spot in a $5.8 billion-a-year market. The challenge now will be to stay there.

Analysis-As shortage persists, Reckitt tightens grip on U.S. baby formula market

Enfamil maker Reckitt Benckiser said on Wednesday that it is working "extremely closely" with the U.S. Food & Drug Administration (FDA) on ways to increase baby formula supply, including expediting the approval of some products made at a facility in Mexico.

Reckitt working with FDA on expediting baby formula imports from Mexico

Aviva PLC

AstraZeneca

The looming spectre of stagflation, the process where an economy is dogged by both low growth and high inflation and unemployment, is awakening like an embalmed mummy after a deep slumber. Although there has been a lot of press already this already, including some confident dismissals, nobody knows for sure whether the phenomenon last seen in the 1970s will creep back.

If stagflation emerges, buy AstraZeneca and Reckitt, avoid Aviva and BP says analyst

Reckitt Benckiser is boosting baby formula production by about 30% and making more frequent deliveries to stores as it looks to counter a nationwide shortage in U.S. supermarkets, an executive told Reuters.

Enfamil maker Reckitt cranks up operations to put baby formula on U.S shelves

LONDON--(BUSINESS WIRE)--Reckitt has been appointed as an Official Partner of the Birmingham 2022 Commonwealth Games, with its market-leading Dettol brand serving as the Official Hygiene Partner, and its Durex brand the Official Intimate Wellness Provider. The Birmingham 2022 Commonwealth Games, set to run from 28 July to 8 August, is a multi-sport event started in 1930. It aims to unite Commonwealth countries with a celebration of sport and human performance. Dettol Pro Solutions, Dettol's bus

Reckitt, Maker of Dettol and Durex, Appointed as an Official Partner of the Birmingham 2022 Commonwealth Games

Investors looking to diversify exposure to consumer staples internationally could take a look at UK-based company Reckitt, which owns a number of well-regarded hygiene, nutrition and health-related brands. However, the company, which operates with a relatively weak balance sheet, is still haunted by executional problems and previous managerial missteps.

Reckitt: Prevailing Uncertainties Do Not Justify Current Valuation

Reckitt Benckiser is still getting good broker feedback after its well-received first-quarter numbers last week. Credit Suisse said there was nothing in the numbers to dissuade bulls of the consumer healthcare group.

Reckitt Benckiser impresses brokers with latest update

Reckitt Benckiser PLC said sales this year will be at the upper end of its forecasts as booming healthcare sales offset the drop-off in disinfectants as Covid concerns ease. Laxman Narasimhan, chief executive, added that while the outlook for the year remained 'highly unpredictable', the Dettol, Durex and Lysol maker was holding margins in spite of significant cost inflation.

Reckitt Benckiser ups guidance but wary of cost pressures

LONDON (Reuters) -Reckitt Benckiser Group beat first-quarter sales expectations on Friday, having increased prices to offset soaring raw material costs and flat volumes.

Reckitt price hikes drive 5.6% first-quarter sales growth

GlaxoSmithKline

Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) quarterly results on Friday may have a few pick-me-ups for investors, with numbers from the Strepsils and Nurofen maker also given context from rivals Unilever and GlaxoSmithKline earlier in the week. Top shelf of the bathroom cabinet in the news is likely to be potential news on RB's infant nutrition business, where reports emerged this week that a sale process has been kicked off.

Reckitt set up to beat Unilever, GSK with potential demerger news and bumper flu season

Reckitt Benckiser Group said on Wednesday it had begun a process aimed at transferring ownership of its Russian business, becoming the first major personal goods maker to do so following the country's invasion of Ukraine.

News for Reckitt Benckiser Group PLC Stock (RBGLY)