Nicholas Ashworth Good morning, and welcome to Reckitt's Q1 Trading Update. I'm here with our CEO, Kris Licht; and our CFO, Shannon Eisenhardt, who will take you through some prepared remarks before we then take your questions. Before we start, I would like to draw your attention to the usual disclaimer in respect to forward-looking statements contained on Page 5 of our RNS published this morning. I'll now hand over to Kris. Kris Licht Thank you, Nick. Good morning, everyone, and thank you for joining us. W ...

NEW YORK, April 07, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Reckitt Benckiser Group PLC (“Reckitt” or the “Company”) (OTC: RBGLY) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Reckitt is ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Nick Ashworth Good morning, everybody and thank you for joining us for the Reckitt Full-year 2024 Results Presentation. For those of you that don't know me, I'm Nick Ashworth and I head up Investor Relations here at Reckitt. So before we start, can I draw your attention to the usual disclaimers in respect to forward-looking information. Following the presentation, we'll do the usual Q&A session. We will take questions from the room first and then followed by written questions via the webcast. [Operator Inst ...

There is much to suggest that Reckitt Benckiser Group plc (RBGLY; RBGPF), hereafter referred to as Reckitt, found a low in April 2024 and is now in the midst of a new rally while outperforming its peer group sinceRunner of the TEV Blog | Private InvestorI am a long-term oriented investor and in my early thirties. I hold a law degree and a doctorate in law and love investing and talking about my and others' investments. I regularly write about my research and investments on various investor platforms and the ...

2024 has been a pretty rough year for the shareholders of Reckitt Benckiser ( OTCPK:RBGLY ) ( OTCPK:RBGPF ). I last covered this British consumer staples giant back in January, rating the stock a 'Buy'. While the company had its issues, a then-P/E ofI like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and pred ...

Financial Data and Key Metrics Changes - The company reported a 0.5% like-for-like net revenue decline for Q3 2024, primarily driven by a 17.4% decline in the Nutrition business due to the Mount Vernon tornado impact [8][11] - The combined Health and Hygiene businesses grew by 2.6% in the quarter, with Hygiene growing by 2.1% and Health by 3.2% [8][10] - Year-to-date volume growth in Hygiene was 0.9%, with Q3 volume growth at 0.7%, led by Lysol [8][9] Business Line Data and Key Metrics Changes - Health delivered a 1.9% like-for-like net revenue growth year-to-date and 3.2% in Q3, driven by Durex, Dettol, VMS, and Gaviscon [10] - The Nutrition segment experienced an 11.6% like-for-like net revenue decline year-to-date and a 17.4% decline in Q3, primarily due to supply constraints from the tornado [11][12] - Hygiene's performance was broad-based, with core Powerbrands like Finish, Vanish, and Harpic contributing to growth, despite a tougher comparison for Finish in Q3 [9][10] Market Data and Key Metrics Changes - The company noted strong market share gains in the Health business, with improvements across OTC brands, Durex, and Dettol [4][10] - The U.S. Nutrition market share is under pressure due to supply constraints, but the company expects recovery in the next 6 to 9 months [33][34] - Developing Markets delivered stable performance with low single-digit growth [12] Company Strategy and Development Direction - The company is focused on portfolio sharpening and organizational simplification, with a new operating model set to be deployed in January 2025 [5] - The share buyback program is progressing, with GBP 321 million worth of shares repurchased since July [5] - The company plans to exit the Essential Home business by the end of 2025, with a seasoned leadership team in place to manage the transition [5][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year net revenue growth targets of 1% to 3%, with expectations for acceleration in Q4 [13] - The company anticipates a strong Q4 driven by underlying brand strength and easier comparatives from the previous year [13][22] - Management remains optimistic about the Health business's competitiveness and market share gains [4][10] Other Important Information - The company is actively managing litigation related to Mead Johnson, with no significant impact on brand equity expected [6][7] - Insurance proceeds related to the Mount Vernon tornado are expected to be recognized within 2024 and will be accounted for in EBIT [58][59] Q&A Session All Questions and Answers Question: Can you dig into market share commentary and gross margins versus BEI spend in the second half? - Management noted improvements in market shares across Health and Hygiene, with Health trending above 60% [16] - Gross margins guidance was not provided, but management does not expect significant differences in the second half [18] Question: How should we think about the bridge from current growth rates to mid-single digits? - Management indicated that the current lower growth rates are not indicative of long-term trends, with expectations for a strong Q4 and recovery in 2025 [22][23] Question: Can you provide details on the Essential Home carve-out and operational risks? - The exit from Essential Home will involve signed agreements, with operational performance being closely managed during the transition [24][26] Question: What are the uncertainties heading into Q4 regarding guidance? - Management reiterated the 1% to 3% guidance range, citing strong momentum and easier comparatives for Q4 [29] Question: Can you elaborate on Nutrition market shares and cold and flu trends? - Management expects to recover market shares in Nutrition over the next 6 to 9 months, with planning for an average cold and flu season [35][36] Question: How are pricing actions impacting Health and Nutrition? - Pricing in Health was primarily price-driven, while Nutrition faced a negative price impact due to supply management [54][55] Question: What is the status of Mead Johnson and potential sale? - Management views Mead Johnson as a strong business but indicated that timing for any sale will depend on the resolution of ongoing litigation [56][57]

Investors interested in Soap and Cleaning Materials stocks are likely familiar with Reckitt Benckiser Group PLC (RBGLY) and Clorox (CLX) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emph ...

Investors looking for stocks in the Soap and Cleaning Materials sector might want to consider either Reckitt Benckiser Group PLC (RBGLY) or Clorox (CLX) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven st ...

Company Participants Conference Call Participants Good morning, everyone. Welcome to Reckitt's Half Year 2024 Results Presentation and our Strategic Update. Before we start, I'd like to draw your attention to the usual disclaimer in respect to forward-looking statements. Now presenting today is Kris Licht, our CEO; and Shannon Eisenhardt, our CFO. Following the presentation will be the normal Q&A session. Good morning, everyone, and thank you for joining us. Shannon and I will kick off today's presentation ...