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Reckitt posts 5.6% first-quarter sales growth

Reckitt posts 5.6% first-quarter sales growth

reuters.com · 04/29/2022 02:08
Reckitt posts 5.6% first-quarter sales growth

- Reckitt Benckiser Group RKT.L beat first-quarter sales expectations on Friday, having increased prices to offset soaring raw material costs and flat volumes.

The maker of Lysol cleaning products and Durex condoms said quarterly like-for-like sales rose 5.6%, ahead of the 1.5% growth analysts had expected in a company-supplied poll.


(Reporting by Richa Naidu
Editing by David Goodman
)

((richa.naidu@tr.com; Follow me on Twitter https://twitter.com/Richa_Writes; +1 312 636 8874;))