“World-class” hygiene portfolio secures double-digit growth for RB

Health and home consumer goods group Reckitt Benckiser (RB) has announced a continuation of ‘strong momentum’ throughout the third quarter of the year.

In its latest trading update, the multinational firm has unveiled a ‘strong performance’ throughout Q3, led largely by an increase of 19.5 per cent in its hygiene division and 12.6 per cent in its health business.

Total like-for-like revenue across the group grew by 13.3 per cent during the quarter, up to £3.5bn.

Laxman Narasimhan, chief executive officer, commented: “Our plan to rejuvenate sustainable growth at RB is gaining momentum, and thanks to the exceptional efforts of the RB team, we are beginning to see the positive impact that the transformation is having on the business.

“The strong momentum in the first half has continued in Q3 and we are on track to deliver low double digit like-for-like net revenue growth for the full year.

“Our performance has been led by an increase in Hygiene and Health volumes, led by our market-leading disinfectant brands - Dettol, Lysol, Sagrotan and Napisan.

“With a world-class portfolio of hygiene, health and nutrition brands and a clear purpose - to protect, heal and nurture in the relentless pursuit of a cleaner and healthier world - we are uniquely placed to help tackle the challenges the world is facing.”