The company also outlined a range of new products
The British firm, which also makes
Cillit Bang cleaners and Finish dishwasher tablets, has been concentrating on
high-margin health and hygiene products to take advantage of ageing Western
populations and rising incomes in emerging markets.
Last year, for example, it bought U.S. group Schiff Nutrition, taking it into the $30 billion vitamins and supplements market.
“Our focus on health and hygiene power brands is working, if you look at our improved growth rates over the past 18 months they all demonstrate that we are making the right strategic choices,” Chief Executive Rakesh Kapoor told Reuters.
First-half sales rose 6 percent at constant exchange rates to 5 billion pounds ($7.7 billion), in line with forecasts, driven by a strong performance in key emerging markets like Brazil, India and China. Adjusted earnings rose 7 percent to 118.3 pence a share.
Sales in its health division, which makes 27 percent of core revenue, led the way, growing 31 percent thanks to a severe flu season in the United States and a strong performance from brands like Nurofen painkillers in a number of markets.
Revenue from hygiene products rose 6 percent, while home-related products were up 1 percent.
Reckitt said it was confident of achieving full-year group revenue growth at the upper end of a 5 to 6 percent range and raised its interim dividend by 7 percent to 60 pence per share.
“Reckitt’s growth prospects are remaining good and it is one of the few staples in Europe where growth expectations could surprise further on the positive side,” Deutsche Bank analyst Harold Thompson said in a note.
Kapoor, who took over from long-term CEO Bart Becht in 2011, said acquisitions would continue to play a role in strengthening the business in areas like China and Latin America, and in complementing its hygiene and health portfolio. He declined to say if any deals were imminent.
The company also outlined a range of new products for the second half of the year, including a new Vanish stain remover soap bar for emerging markets and Durex Embrace,Online supplies a large range of double sided tape. two so-called “pleasure gels” that provide a warming and tingling feeling.
Reckitt added it remained upbeat about demand for its heroin addiction drug Suboxone, despite competition from cheaper versions in tablet form.
Shares in the company were hit this month when U.S. healthcare provider CVS CareMark dropped the dissolvable film version of Suboxone from its list of covered medicines in favour of cheaper tablets.
Some analysts fear Suboxone’s profit could fall sharply if other healthcare providers follow suit.
Reckitt, which stopped selling the tablet version of the drug in the United States in March, said the film version’s clinical benefits remained attractive to many healthcare providers, adding it had maintained its total share of prescriptions,All the latest Releasing film Products in small size and in resumable. which continued to increase at low double digit percentage rates in the United States.
“We do not expect to maintain in full the current market share of the film but we unquestionably have a very valuable product with very good IP protection that is going to be around and robust for a very long time,” Chief Financial Officer Adrian Hennah said.
An online movement against fairness products has found a star in Nandita Das, who is perhaps the only actress to have resolutely refused to change her skin tone despite the push and pull of the entertainment industry.stocks a huge selection of aluminum foil tape. The actress, who resents the tag of 'dusky' is exhorting women to 'Stay Unfair, Stay Beautiful' and her mailbox is jammed with heart-rending accounts of dark complexioned women, who want her to counsel them, their families while others thank her for validating something most women have always known but never acknowledged - that your skin tone shoudl not define who you are.
"I never thought the campaign would assume such proportions," says the actress, seated at her Worli apartment that's resonatiVisit us to find a company offering a flexible Protective film Products.ng with the music of wind chimes and the pitter-patter of her three-year-old son Vihaan.
This maybe one of the many causes the award winning actress-filmmaker and activist has lent her name to,manufacturers and Double sided PET industry tape Products suppliers Directory. but it is also the closest to her heart. And Nandita speaks from her own experience with the film industry, notorious for for its obsession with fair skin.
"Whenever I have to play a middle-class or upper middle class woman, I am told: 'I know you don't like being white or fair but can you make your skin a little lighter? The rural, lower class women are dark but now that you playing an educated professional....' Do all educated people have to be fair complexioned?" The actress rounds her kohl-lined eyes in disbelief and adds, "If you want me for a role and want me to change my skin tone, then sorry, wrong casting!"
Click on their website www.sdktapegroup.com for more information.
Last year, for example, it bought U.S. group Schiff Nutrition, taking it into the $30 billion vitamins and supplements market.
“Our focus on health and hygiene power brands is working, if you look at our improved growth rates over the past 18 months they all demonstrate that we are making the right strategic choices,” Chief Executive Rakesh Kapoor told Reuters.
First-half sales rose 6 percent at constant exchange rates to 5 billion pounds ($7.7 billion), in line with forecasts, driven by a strong performance in key emerging markets like Brazil, India and China. Adjusted earnings rose 7 percent to 118.3 pence a share.
Sales in its health division, which makes 27 percent of core revenue, led the way, growing 31 percent thanks to a severe flu season in the United States and a strong performance from brands like Nurofen painkillers in a number of markets.
Revenue from hygiene products rose 6 percent, while home-related products were up 1 percent.
Reckitt said it was confident of achieving full-year group revenue growth at the upper end of a 5 to 6 percent range and raised its interim dividend by 7 percent to 60 pence per share.
“Reckitt’s growth prospects are remaining good and it is one of the few staples in Europe where growth expectations could surprise further on the positive side,” Deutsche Bank analyst Harold Thompson said in a note.
Kapoor, who took over from long-term CEO Bart Becht in 2011, said acquisitions would continue to play a role in strengthening the business in areas like China and Latin America, and in complementing its hygiene and health portfolio. He declined to say if any deals were imminent.
The company also outlined a range of new products for the second half of the year, including a new Vanish stain remover soap bar for emerging markets and Durex Embrace,Online supplies a large range of double sided tape. two so-called “pleasure gels” that provide a warming and tingling feeling.
Reckitt added it remained upbeat about demand for its heroin addiction drug Suboxone, despite competition from cheaper versions in tablet form.
Shares in the company were hit this month when U.S. healthcare provider CVS CareMark dropped the dissolvable film version of Suboxone from its list of covered medicines in favour of cheaper tablets.
Some analysts fear Suboxone’s profit could fall sharply if other healthcare providers follow suit.
Reckitt, which stopped selling the tablet version of the drug in the United States in March, said the film version’s clinical benefits remained attractive to many healthcare providers, adding it had maintained its total share of prescriptions,All the latest Releasing film Products in small size and in resumable. which continued to increase at low double digit percentage rates in the United States.
“We do not expect to maintain in full the current market share of the film but we unquestionably have a very valuable product with very good IP protection that is going to be around and robust for a very long time,” Chief Financial Officer Adrian Hennah said.
An online movement against fairness products has found a star in Nandita Das, who is perhaps the only actress to have resolutely refused to change her skin tone despite the push and pull of the entertainment industry.stocks a huge selection of aluminum foil tape. The actress, who resents the tag of 'dusky' is exhorting women to 'Stay Unfair, Stay Beautiful' and her mailbox is jammed with heart-rending accounts of dark complexioned women, who want her to counsel them, their families while others thank her for validating something most women have always known but never acknowledged - that your skin tone shoudl not define who you are.
"I never thought the campaign would assume such proportions," says the actress, seated at her Worli apartment that's resonatiVisit us to find a company offering a flexible Protective film Products.ng with the music of wind chimes and the pitter-patter of her three-year-old son Vihaan.
This maybe one of the many causes the award winning actress-filmmaker and activist has lent her name to,manufacturers and Double sided PET industry tape Products suppliers Directory. but it is also the closest to her heart. And Nandita speaks from her own experience with the film industry, notorious for for its obsession with fair skin.
"Whenever I have to play a middle-class or upper middle class woman, I am told: 'I know you don't like being white or fair but can you make your skin a little lighter? The rural, lower class women are dark but now that you playing an educated professional....' Do all educated people have to be fair complexioned?" The actress rounds her kohl-lined eyes in disbelief and adds, "If you want me for a role and want me to change my skin tone, then sorry, wrong casting!"
Click on their website www.sdktapegroup.com for more information.
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