2023-10-26 06:12:38
Reckitt Narrows Sales Target as Demand for Baby Food Rises
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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