2023-10-26 06:12:38

Reckitt Narrows Sales Target as Demand for Baby Food Rises

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Bloomberg
By Dasha Afanasieva

Reckitt Benckiser Group Plc raised the lower end of its sales growth target for this year, boosted by demand for baby formula following a shortage in the US and higher prices for its cleaning products.

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The maker of Strepsils and Durex now expects like-for-like sales growth of between 6% and 8%, up from a prior range of 5% and 8%.

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