Reckitt Benckiser Group Plc

RKT

Equity

ISIN GB00B24CGK77 / Valor 3406783

LSE London Stock Exchange, SETS (2024-12-11)

GBP 48.35+2.81%

Reckitt Benckiser Group Plc
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About company

Reckitt Benckiser Group Plc is a multinational consumer goods company that specializes in health, hygiene, and home products. With a wide range of well-known brands in its portfolio, the company focuses on providing innovative solutions to improve the health and hygiene of consumers around the world. Reckitt Benckiser Group Plc's business is driven by a commitment to quality, safety, and sustainability, as evidenced by its comprehensive reporting and adherence to strict policies and standards.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Revenue Growth

Reckitt Benckiser Group Plc reported a +0.8% like-for-like (LFL) net revenue growth for the first half of 2024. The total net revenue for this period amounted to £7.2 billion, reflecting the company's ability to maintain steady growth despite market challenges.

Operating Profit Margin

For the first half of 2024, Reckitt Benckiser Group Plc achieved an adjusted operating profit margin of 23.5%. This strong margin underscores the company's effective cost management and operational efficiency.

Earnings Per Share

Reckitt Benckiser Group Plc reported an adjusted diluted earnings per share (EPS) of 161.3 pence for the first half of 2024. This figure highlights the company's profitability and its ability to deliver value to shareholders.

Cash Flow and Shareholder Returns

Reckitt Benckiser Group Plc increased its free cash flow by 8% in the first half of 2024. Additionally, the company doubled its cash returns to shareholders, demonstrating a strong commitment to enhancing shareholder value.

Outlook and Dividend Increase

Despite short-term disruptions in its Nutrition business, Reckitt Benckiser Group Plc remains resilient and expects revenue growth to accelerate in the second half of 2024. The company also announced an increase in its dividend and a new £1 billion share buyback program over the next 12 months.

Summarized from source with an LLMView Source

Key figures

-10.2%1Y

-21.6%3Y

-19.2%5Y

Performance

30.0%1Y

23.6%3Y

24.0%5Y

Volatility