Reckitt lifts Q3 revenue 3.3% but trims its full-year growth forecast

what happened

Consumer goods maker Reckitt Benckiser booked third-quarter core revenue of £2.690 billion, up 3.3% from a year earlier, according to TradingView, which cited dpa-AFX. On a like-for-like basis the gain was also 3.3%. Emerging Markets climbed 8.6% to £1.174 billion, while Europe barely moved at £867 million and North America slipped 1.3% to £649 million.

Counting Mead Johnson Nutrition, sales rose 3.5% to £3.239 billion. Total group net revenue fell 6.9% to £3.362 billion, though it grew 3.2% on a like-for-like basis. The company lowered its full-year Core Reckitt like-for-like growth target to 3.5–4.5%, down from 4–5%, pointing to Lysol disruption and cooling demand for vitamins, minerals and supplements in China. On the London Stock Exchange the shares finished Monday roughly 1% weaker, at 5,484 pence.

why it matters

The quarterly figures matter less than the signal on expectations. A reduced outlook while revenue still grows suggests pressure in specific categories and regions, which investors in consumer staples tend to watch closely across the sector.

market impact

Consumer staples and RKT.L: a more cautious forecast weighs on the valuation of Reckitt shares

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