Half Year 2021 Reckitt Benckiser Group PLC Earnings Presentation Transcript

Jul 27, 2021 / 06:30AM GMT
Presentation
Jul 27, 2021 / 06:30AM GMT

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Corporate Participants
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* Jeffrey Carr
Reckitt Benckiser Group plc - Group CFO & Executive Director
* Laxman Narasimhan
Reckitt Benckiser Group plc - Group CEO & Executive Director

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Laxman Narasimhan - Reckitt Benckiser Group plc - Group CEO & Executive Director

Good morning, and thank you for joining us. I'm encouraged by our progress to date and have 4 key messages for you today. First, we have had a solid first half of the year despite a strong comparator and a slower Q2 with a very strong 2-year revenue stack of over 13%, inclusive of IFCN China.

Second, we continue to make good progress in building a better house in a great neighborhood.

Third, we are addressing near-term cost pressures, while actively managing our portfolio.

And fourth, we remain confident in meeting our medium-term targets of mid- single-digit revenue growth and mid-20s margins by the mid-20s.

As usual, our

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