Reckitt beats sales estimates, driven by Dettol, Lysol

Reckitt beats sales estimates, driven by Dettol, Lysol

Consumer goods group Reckitt has reported better-than-expected sales growth in the first quarter, driven by the increased demand for its products such as Lysol, Dettol, and Finish cleaning products. Despite rising prices, the company’s innovative products attracted more customers and allowed them to raise prices without affecting sales volumes. Reckitt also mentioned the potential liabilities stemming from a product liability suit against its Mead Johnson infant formula business. The company remains on track to meet its full-year revenue and profit targets.

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TIS Staff

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