Reckitt posts 11.9% rise in quarterly like-for-like sales, beating expectations

2022.07.27 09:41

FILE PHOTO: Lysol, a brand of Reckitt Benckiser Group PLC, is seen on display in a store in Manhattan, New York City, U.S., March 24, 2022. REUTERS/Andrew Kelly/File Photo

LONDON (Reuters) – Britain’s Reckitt Benckiser, maker of Dettol and Lysol cleaning products, on Wednesday beat second-quarter sales expectations after raising prices to make up for soaring input costs.

The company said quarterly like-for-like revenue rose 11.9%, on a constant currency basis, ahead of the 6.8% growth analysts had expected in a company-supplied poll.

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