Oct 26, 2021 / 07:30AM GMT
Laxman Narasimhan - Reckitt Benckiser Group plc - Group CEO & Executive Director
Good morning to everyone dialed in. It was just a month ago that we presented to you at the launch of our Investor Seminar Series. I will, therefore, keep my comments this morning brief and focused on trading.
First, a few comments on the group performance. Today's results demonstrate the progress we are making as we continue to transform Reckitt. We've grown like-for-like revenue by 3.3% in the quarter. Importantly, this is on the top of last year's 15.3%, meaning we are over 18% on a 2-year stack basis.
Growth has been broad-based across business units, across geographies and across brands. At the half year, we told you that those brands less sensitive to COVID fluctuations and which represented around 70% of our revenue were growing mid-single digits on average. This growth has continued into this quarter.
In addition, and to give you a sense of the breadth of our strength by brand, 9 of our 10 largest brands are up double digits in the quarter on a 2-year stack basis. The other is up high
Q3 2021 Reckitt Benckiser Group PLC Trading Statement Call Transcript
Feb 14, 2024
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