Reckitt Benckiser Trading Statement

[idpickering]

Not the highest of yielders but I suspect some here may hold them.

Highlights: Q1 (at constant rates)

"· Q1 in line with expectations.

· Continued strong performance in Health led by Mucinex and Durex. Growth was offset by headwind in Scholl / Amopé, which also impacted ENA performance.

· Home and Portfolio categories, and DvM, negatively impacted by Korea HS issue.

· Growth rates set to improve through the year, and we are on track for our full year net revenue target of +3% LFL*.

· Mead Johnson acquisition remains on track for completion by the end of Q3. Strategic review of the Food business commenced."

http://www.investegate.co.uk/reckitt-be ... 00079198C/

[idpickering]

From our previous gaff, here's an item regarding Reckitt alongside Unilever;

Is it time to dump ‘safe’ stocks Reckitt Benckiser Group plc and Unilever plc?

"Consumer goods titans Reckitt Benckiser (LSE: RB) and Unilever (LSE: ULVR) have benefitted hugely from the fall in sterling since last year’s EU referendum. But with the FTSE 100 riding high and Theresa May calling a snap election, would it now be wise for shareholders to exit their positions while they’re ahead?"

http://www.fool.co.uk/investing/2017/04 ... lever-plc/

[flint]

Paul Summers answered his own question :

For now however, both Reckitt and Uniliver (sic) are a hold for me.