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Reckitt Benckiser Group PLC (RB.L)

RB.L on London Stock Exchange

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12:06pm EDT
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159.00 (+2.58%)
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Latest Key Developments (Source: Significant Developments)

Reckitt CEO bullish on consumer health, no comment on Pfizer
Monday, 19 Feb 2018 02:38am EST 

Feb 19 (Reuters) - Reckitt Benckiser Group Plc ::RECKITT BENCKISER CEO SAYS NO COMMENT ON PFIZER CONSUMER HEALTH AUCTION.RECKITT BENCKISER CEO SAYS ACQUISITIONS MUST BE STRATEGICALLY COMPELLING, RB MUST BE A BETTER OWNER, AND MUST DRIVE VALUE FOR SHAREHOLDERS.RECKITT BENCKISER CEO SAYS CONFIDENT ABOUT GROWTH OF CONSUMER HEALTH CATEGORY IN LONG TERM.  Full Article

Reckitt Benckiser Says Targeting 13-14 Pct Total Revenue Growth For 2018 ​
Monday, 19 Feb 2018 02:00am EST 

Feb 19 (Reuters) - Reckitt Benckiser Group Plc ::FINAL DIVIDEND 97.7 PENCE PER SHARE.FY ADJUSTED DILUTED EPS ROSE 10 PERCENT TO 316.9 PENCE.FY ‍TOTAL OPERATIONS (INCLUDING DISCONTINUED OPERATIONS) ADJ DILUTED EPS OF 324.6 PENCE ​.TOTAL DIVIDEND 164.3 PENCE PER SHARE.FY REVENUE 11.51 BILLION STG.Q4 NET REVENUE ‍3,289 MILLION POUNDS, +25%​.‍+2% LIKE-FOR-LIKE NET REVENUE GROWTH IN Q4​.‍FY FLAT LFL NET REVENUE IN LINE WITH GUIDANCE​.‍FY TOTAL GROUP ADJUSTED OPERATING MARGIN OF -70BPS TO 27.1%​.FY ADJUSTED NET INCOME ‍2,253 MILLION POUNDS, +10%​.‍FY REPORTED DILUTED EPS OF 867.9P​.‍FREE CASH FLOW GENERATION OF £2,129M IN FY ​.‍FOR 2018 TARGETING +13-14% TOTAL REVENUE GROWTH​."‍WHILST 2018 WILL SEE SOME SPECIFIC FACTORS IMPACTING MARGIN, REITERATE MEDIUM-TERM TARGET OF MODERATE OPERATING MARGIN EXPANSION​".ON ‍MJN COST SYNERGIES, EXPECTING TO ACHIEVE IN REGION OF $300M IN ANNUAL COST SAVINGS BY END OF THIRD FULL YEAR OF OWNERSHIP.‍FOR 2018, EXPECT MJN COST SYNERGIES TO SLIGHTLY EXCEED ADDITIONAL INFRASTRUCTURE COSTS ASSOCIATED WITH NEW BUS​.  Full Article

Reckitt Benckiser CEO comments
Wednesday, 18 Oct 2017 02:58am EDT 

Oct 18 (Reuters) - Reckitt Benckiser Group Plc :Reckitt benckiser ceo says seeing subdued growth in developed and developing markets.Reckitt benckiser ceo says health unit to have sales of around 7.5 billion pounds, with hygiene/home sales around 5 billion.Reckitt benckiser ceo says too early to discuss 2018 forecast.Reckitt benckiser ceo says both business units to have marketing directors and has announced executive line-up.  Full Article

JAB Holdings discloses 6.69 pct stake in Reckitt Benckiser - filing
Tuesday, 3 Oct 2017 04:50am EDT 

Oct 3 (Reuters) - Regulatory Filing::JAB HOLDINGS B.V. DISCLOSES 6.69 PERCENT STAKE IN RECKITT BENCKISER GROUP PLC - REGULATORY FILING.  Full Article

Reckitt Benckiser names Christopher Sinclair as next chairman
Tuesday, 19 Sep 2017 02:00am EDT 

Sept 19 (Reuters) - Reckitt Benckiser Group Plc ::ADRIAN BELLAMY HAS DECIDED TO RETIRE AS NON-EXECUTIVE CHAIRMAN EFFECTIVE FROM 2018 ANNUAL GENERAL MEETING.ADRIAN BELLAMY WILL ALSO RETIRE FROM BOARD.CHRISTOPHER SINCLAIR, WHO HAS SERVED ON BOARD SINCE 2015, WILL TAKE ON ROLE OF NON- EXECUTIVE CHAIRMAN AT THAT TIME.  Full Article

Reckitt Benckiser completes sale of food business to McCormick
Friday, 18 Aug 2017 02:00am EDT 

Aug 18 (Reuters) - RECKITT BENCKISER GROUP PLC ::COMPLETION OF SALE OF FOOD BUSINESS TO MCCORMICK.COMPLETED SALE OF FOOD BUSINESS TO MCCORMICK & COMPANY, INC. FOR $4.2 BLN.  Full Article

McCormick announces common stock non-voting offering to fund part of its acquisition of Reckitt Benckiser's food division
Monday, 7 Aug 2017 05:16pm EDT 

Aug 7 (Reuters) - McCormick & Company Inc :McCormick announces common stock non-voting offering to fund part of its acquisition of Reckitt Benckiser's food division.McCormick & Company Inc - ‍launched an underwritten public offering of $500 million of its common stock non-voting​.  Full Article

RB CEO says will work on deals across the board in coming years
Monday, 24 Jul 2017 05:19am EDT 

July 24 (Reuters) - Reckitt Benckiser Group Plc ::RECKITT BENCKISER CEO SAYS ON CONFERENCE CALL SAYS WORKING TO BROADEN SUPPLY FACILITY OF MEAD JOHNSON IN CHINA, LOOKING TO EXPAND IT INTO AUSTRALIA.RECKITT BENCKISER CEO SAYS ON CONFERENCE CALL SAYS WILL WORK ON DEALS ACROSS THE BOARD IN COMING YEARS.  Full Article

Reckitt benckiser ceo says full year like for like target of 2 percent growth is "a challenging target"
Monday, 24 Jul 2017 02:45am EDT 

Reckitt Benckiser Group Plc :Reckitt benckiser ceo says company has not returned to normal operations everywhere following cyber attacl.Reckitt benckiser ceo says majority of systems are operating at close to full capacity.Reckitt benckiser ceo says full year like for like target of 2 percent growth is "a challenging target".  Full Article

Mccormick & Co says Reckitt Benckiser food business deal‍​ expected 5pct accretive to adjusted EPS in year 1
Wednesday, 19 Jul 2017 08:21am EDT 

July 19 (Reuters) - Mccormick & Company Inc ::Mccormick & Company Inc - Reckitt Benckiser food business deal‍​ expected 5pct accretive to adjusted EPS in year 1.Mccormick & company inc sees about $140 million in transaction and integration costs‍​, mostly in 2017 related to Reckitt Benckiser deal .  Full Article

BRIEF-Aspen's Infant Formula Unit Is Said To Draw Reckitt, Perrigo - Bloomberg

* ASPEN'S INFANT FORMULA UNIT IS SAID TO DRAW RECKITT, PERRIGO - BLOOMBERG, CITING SOURCES