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Reckitt Promises ‘Big’ Q4 As Consumer Health Market Share Rebounds

 
• By Tom Gallen

A better than expected showing from its Health business in its latest quarter has teed up Reckitt for a big finish to the year.

ReckittBenckiser
• Source: reckitt/shutterstock

Reckitt is “planning for a big Q4,” CEO Kris Licht told analysts after the UK-based firm delivered better than expected results at its Health division in the latest quarter.

In Q3, like-for-like Health sales advanced by 3.2% – ahead of consensus at 2.6% – driven by market share gains for key consumer health brands. “I feel very good about the momentum in our Health business,” Licht told Reckitt’s earnings call on 23 October

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