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Home Industry News Reckitt Benckiser affirms strategic confidence after solid Q3 results

Reckitt Benckiser affirms strategic confidence after solid Q3 results

25th October 2013

Reckitt Benckiser has announced its financial results for the third quarter of 2013, during which it delivered on its strategic goals and maintained its recent growth.

The company's net revenue total for the quarter came to 2.55 billion pounds, up by five percent year on year, thereby bringing its figure for the year to date to 7.54 billion pounds – an increase of six percent on the first nine months of 2012.

According to the firm's financial report, this was due to the success of its strategy focusing on the health and hygiene sectors, as well as its efforts to expand its emerging market presence.

Its recent acquisitions are performing strongly and Reckitt Benckiser now believes that it will be able to achieve full-year net revenue growth of at least six percent, including the net impact of merger deals.

Rakesh Kapoor, chief executive officer at Reckitt Benckiser, said: "I am confident that our strategy for growth and outperformance underpinned by our commitment to invest for the long term is the right thing to do."

This builds on the strong performance the company was able to achieve in the first half of the year, driven by the success of leading brands such as Mucinex and Durex.ADNFCR-8000103-ID-801653808-ADNFCR

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