Reckitt delivered strong first-half results, with 4.2% revenue growth driven by emerging markets and effective operational efficiencies, despite challenges in developed markets. The company is on track with its strategic shift to focus on high-growth Powerbrands.
- Core Reckitt net revenue rose 4.2%, with a strong 5.3% growth in Q2.
- Adjusted operating profit increased by 7%, reflecting improved efficiency and contributions from the Fuel for Growth program.
- Continued market share gains with 59% of core markets in hold gain territory and a 5% interim dividend increase announced alongside a £1 billion share buyback program.
- Strong performance in emerging markets, with 12.8% growth year-to-date, driven by brands like Dettol and Durex.
- Strategic divestment of Essential Home announced, allowing Reckitt to sharpen its focus on core brands and unlock further value.
Community Discussion