Reckitt Benckiser Group PLC (RB.L)
2 Dec 2016
LONDON Unilever's push to raise the prices of its brands in Britain in response to a fall in the pound exposed the vulnerabilities of a company - and wider consumer brands industry - that can no longer count on selling more goods to deliver revenue growth.
LONDON Reckitt Benckiser Group reported weaker than expected sales on Wednesday, blaming various issues including a "failed" new Scholl footcare product and becoming the third European consumer goods maker in a week to talk of tough conditions.
LONDON, Oct 19 Reckitt Benckiser Group reported weaker than expected sales on Wednesday, blaming various issues including a "failed" new Scholl footcare product and becoming the third European consumer goods maker in a week to talk of tough conditions.
* Though Edenred gains after strategic plan (Adds detail and quotes, updates prices)
* Reckitt benckiser ceo says there has been some weakening of market environment in mature and developing markets
* Reckitt benckiser ceo says on conference call that he sees no material change to medium to longterm growth outlook for business
LONDON, Oct 19 European shares fell in early deals on Wednesday after a slew of weak updates weighed on British firms Travis Perkins and Reckitt Benckiser , while Akzo Nobel's results were hit by a weak pound.
LONDON, Oct 19 Consumer goods maker Reckitt Benckiser Group reported a bigger than expected slowdown in third-quarter sales growth on Wednesday, hurt by the continued loss of business in South Korea due to a scandal over humidifier sanitisers.
* But Barclays jumps after results (Adds details, closing prices)
LONDON, July 29 British shares fell on Friday, with the FTSE 100 index set to end a five-week gaining streak as education publisher Pearson slumped after it posted results.