Reckitt Benckiser Group logo Reckitt Benckiser Group (LON:RKT) executives used a presentation at the CAGNY conference to outline progress since a 2024 strategy update and to reiterate the company’s financial and operational priorities as it pursues what CEO Kris Licht described as a “simpler, sharper Reckitt.” Portfolio actions and a streamlined core business Licht said Reckitt has “sharpened” its portfolio by declaring two parts of the business non-core. One of those, Essential Home—described as more t ...

Summary of Reckitt's Conference Call Company Overview - **Company**: Reckitt - **Key Brands**: Lysol, Mucinex, Dettol, Finish, Durex - **Core Business**: Focused on health, hygiene, and home care products Strategic Updates - **Portfolio Simplification**: Reckitt has exited two non-core segments, including the sale of the Essential Home segment (Vestasy), which comprised over 90 brands, resulting in a more focused core business with approximately GBP 10 billion in net sales or over $13 billion [4][6] - **Management Restructuring**: Multiple management layers have been removed, leading to increased accountability and streamlined operations [5][39] - **Growth Ambition**: Reckitt aims for a 4%-5% like-for-like growth, particularly driven by emerging markets, which currently represent 40% of the core business [9][12] Market Insights - **Emerging Markets Growth**: Emerging markets have surpassed North America and Europe in terms of households with incomes over $25,000, indicating a significant growth opportunity [10][11] - **Consumer Trends**: Increased consumer engagement in self-care and hygiene products, with only 14% of households globally owning dishwashers, presents a growth opportunity for brands like Finish [12][13] Financial Performance - **Sales Growth**: Emerging markets delivered a 14% top-line growth in the first three quarters of 2025, with China being the largest contributor [42] - **Cost Management**: The "Fuel for Growth" program aims for a 300 basis point improvement in fixed costs by the end of 2027, targeting 19% of net revenue [41][42] Innovation and Product Development - **Product Launches**: Reckitt is set to launch a 12-hour cold and fever relief product in 2026, the first of its kind in the category, which has been in development for over 15 years [36][37] - **AI Utilization**: Reckitt is leveraging AI for concept generation and market insights, significantly reducing the time needed for product development and increasing success rates [29][30] Brand Strategy - **Power Brands**: Reckitt's 11 Power Brands are positioned as premium offerings with strong consumer trust, allowing for higher growth margins and reinvestment in marketing and innovation [8][9] - **Consumer Engagement**: The company emphasizes iconic brand building and consumer obsession, utilizing data and AI to enhance product offerings and marketing strategies [22][27] Regional Focus - **North America**: Represents about 25% of core Reckitt's revenue, with a focus on expanding premium categories and improving supply chain execution [45][46] - **Europe**: Accounts for about one-third of core Reckitt's revenue, facing decelerating growth but focusing on premiumization and competitive positioning [42][43] Conclusion - Reckitt is positioned for sustainable growth through a simplified structure, strong brand equity, and a focus on emerging markets. The company is committed to delivering consistent revenue growth and enhancing shareholder value through disciplined capital allocation and innovation [55][56][61]

A SIMPLER, SHARPER RECKITT CAGNY 19th February 2026 CAUTIONARY NOTE CONCERNING FORWARD –LOOKING STATEMENTS This presentation and any other information discussed at the presentation (collectively, the "presentation") has been prepared by Reckitt Benckiser Group plc (the "Company") solely for your information. The opinions presented herein are based on general information gathered at the time of writing and are subject to change without notice. Information in this presentation sourced from third parties has b ...

Summary of Reckitt's Focus on Emerging Markets Presentation Company Overview - **Company**: Reckitt - **Focus**: Emerging Markets - **Key Personnel**: Chris Licht (CEO), Nitish Kapoor (President of Emerging Markets), Ryan Daley (Chief Category Growth Officer), Shannon Eisenhardt (CFO) Industry Insights - **Emerging Markets**: Largest geographic area for Reckitt, with significant growth opportunities - **Market Dynamics**: Some emerging markets have already reached advanced market status, while others are still developing Core Points and Arguments 1. **Growth Potential**: Reckitt has seen steady growth in emerging markets, transitioning from mid-single digit growth to high single digit growth over the last decade, with a recent surge to almost 14% growth in the last nine months [11][22][25] 2. **Brand Strength**: Reckitt has established strong, trusted brands in emerging markets, such as Dettol, Harpic, and Durex, which are leaders in their respective categories [14][15][21] 3. **Market Penetration**: The company has increased its market penetration significantly, with Dettol being used over a billion times a year and Harpic growing from GBP 500,000 in revenue in India 27 years ago to an expected GBP 250 million this year [14][17] 4. **Consumer Trends**: Rising incomes and new consumption habits in emerging markets are driving demand for Reckitt's products, with emerging markets expected to contribute 50% of world GDP by 2030 [27][29] 5. **Category Development**: Reckitt is focusing on both mature and nascent categories, with plans to expand into self-care and intimate wellness products, which are gaining traction in these markets [30][54] Additional Important Insights 1. **Local Expertise**: Reckitt's leadership in emerging markets has an average tenure of 21 years, providing deep local knowledge and continuity [9][10] 2. **Distribution Reach**: Products were available in over 10 million stores last year, with 125 million online orders shipped, indicating strong distribution capabilities [18] 3. **Innovation Pipeline**: Reckitt has a robust innovation pipeline ready to be deployed in emerging markets, allowing for quick adaptation to consumer needs [25][32] 4. **Social Impact**: The company is actively involved in societal change, such as improving hygiene practices in India, which has led to a significant increase in household penetration for Harpic [44][47] 5. **Healthcare Partnerships**: Reckitt is engaging with healthcare professionals and policymakers to drive awareness and education about its products, particularly in addressing antibiotic overuse [57][61] Conclusion Reckitt is well-positioned to capitalize on the growth opportunities in emerging markets through its strong brand portfolio, local expertise, and innovative strategies. The company aims to sustain high single-digit growth by leveraging rising incomes and evolving consumer habits while also contributing positively to societal health and well-being.

Core Insights - Multinational FMCG companies in India experienced sales impacts in the September quarter due to GST reforms and heavy rains, but anticipate growth in upcoming quarters supported by favorable macroeconomic conditions [1][2] Company Performance - Unilever reported that its emerging market performance is improving, particularly in India, despite short-term impacts from GST reforms, which are expected to benefit 40% of its portfolio with nearly a 10% price reduction [3] - Reckitt's net revenue growth in India was affected by new GST slabs, but it achieved volume-led growth in its Dettol brand [4] - Reckitt's CFO noted that the impact of GST phasing in Q3 was low to mid-single digits, with like-for-like growth in India being low single digits [5] - Heineken's beer volume in India declined by mid-single digits due to heavy rains, but its organic net revenue grew by a mid-single-digit percentage, supported by price hikes [7][8] - Coca-Cola and PepsiCo reported disruptions in the September quarter due to weather conditions, with Coca-Cola's COO highlighting the potential for long-term growth in India despite current competitive pressures [9][10] - Pernod Ricard's sales in India increased by 3%, although they were negatively impacted by excise policy changes in Maharashtra [10][11] - Nestle SA noted strong performance and good momentum in India in its global earnings report [12]

Core Insights - FMCG companies in India experienced sales impacts in the September quarter due to GST reforms and heavy rains, but anticipate growth in upcoming quarters driven by favorable macroeconomic conditions [1] Company Performance - Unilever reported short-term impacts from GST reforms but expects long-term benefits, with a 10% price reduction benefiting 40% of its portfolio [3] - Reckitt's net revenue growth in India was affected by new GST slabs, although it saw volume-led growth in its Dettol brand [4] - Heineken's beer volume in India declined by mid-single digits due to heavy rains, but organic net revenue grew by a mid-single-digit percentage supported by price hikes [7][8] - Coca-Cola and PepsiCo faced disruptions from weather conditions, with Coca-Cola noting competitive pressures in the beverage market that may affect growth [9] - Pernod Ricard's sales in India increased by 3%, but were impacted by excise policy changes in Maharashtra [10][11] - Nestle SA highlighted strong performance and good momentum in India [12]

Core Insights - Reckitt Benckiser Group plc has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market, which enhances its visibility and accessibility for U.S. investors [1][3][4] - The trading symbols for Reckitt on OTCQX are "RBGLY" and "RBGPF," with current financial disclosures available on the OTC Markets website [2] - The upgrade to OTCQX signifies Reckitt's commitment to transparency and adherence to high financial standards and corporate governance practices [3][4] Company Overview - Reckitt is known for its consumer health and hygiene brands, including Dettol, Durex, Finish, Gaviscon, Harpic, Lysol, Mucinex, Nurofen, Strepsils, Vanish, and Veet, focusing on innovative, science-backed solutions for healthier living [4][5] - The company's mission is to protect, heal, and nurture, aiming for a cleaner and healthier world while expanding access to healthcare and driving sustainable innovation [5][6] Industry Context - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, providing a platform for companies to access U.S. financial markets efficiently [7][8]