Reckitt Benckiser (RB) carried on its strong momentum into the second quarter, with Q2 15 results coming in ahead of market expectations (both revenue and profitability). Strong LFL performance (5% yoy growth) and moderating fx headwinds (negative 4% impact vs. a negative 11% in Q2 14) resulted in revenue growing 1% yoy to £2.1bn (£4.4bn in H1 15). Despite demanding comps, Consumer Health continued to soldier on, reporting a robust 13% LFL growth – its best in the last eight
18 Aug 2015
Supercharge(d) margins drive outperformance
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Supercharge(d) margins drive outperformance
Reckitt Benckiser Group plc (RKT:LON) | 4,521 0 0.0% | Mkt Cap: 32,030m
- Published:
18 Aug 2015 -
Author:
Jyoti Prakash -
Pages:
3
Reckitt Benckiser (RB) carried on its strong momentum into the second quarter, with Q2 15 results coming in ahead of market expectations (both revenue and profitability). Strong LFL performance (5% yoy growth) and moderating fx headwinds (negative 4% impact vs. a negative 11% in Q2 14) resulted in revenue growing 1% yoy to £2.1bn (£4.4bn in H1 15). Despite demanding comps, Consumer Health continued to soldier on, reporting a robust 13% LFL growth – its best in the last eight