Reckitt Shares Tumble as Weak Cold Season Tests 2026 Growth Plan
Reckitt Benckiser shares fell as much as 7% Wednesday after first-quarter like-for-like net revenue rose just 1.3%, missing analyst expectations. The company warned first-half margins would be about 2 percentage points lower than last year. Group net revenue dropped 11.8% to £3.25 billion, hit by currency moves and asset disposals. Shares traded down 5.6% at 4,644 pence in London.