This is why Reckitt Benckiser has lowered its full year sales forecast

The Durex condom and Lysol disinfectant maker said it now expected full-year like-for-like sales growth to range from flat to up 2 per cent, down from its previous target of 2 per cent to 3 per cent.

Reported sales rose 5.3 per cent in the third quarter to £3.29 billion ($4.27 billion). The company employs more than 1,000 people at its Hull operations.

Commenting on these results, Laxman Narasimhan, chief executive, said: "RB's performance in Q3 was disappointing. We...
source: Yorkshire Post

2019-10-22 10:50
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