Reckitt Benckiser revenue rises by 8%

Reckitt Benckiser has revealed its latest financial results, which show that the firm experienced a rise in revenue of eight per cent during 2009.

The group attributes this success to its 17 ‘powerbrands’, of which Reckitt Benckiser Pharmaceuticals is one, as its net income growth also rose by 13 per cent.

During the fourth quarter of the year, the firm’s net revenue grew by ten per cent, while its adjusted net income underwent a 14 per cent rise.

Chief executive officer of the company Bart Becht stated: “Based on the current market outlook, we are confident of achieving continued good growth in 2010. For the business excluding RBP, our targets in 2010 are for net revenue growth of five per cent.”

In December 2009, Reckitt Benckiser revealed proposals to combine its personal care business with its household and personal care division.

The new single business unit will begin operations in April 2010 and is likely to be established at the firm’s base in Slough.