Reckitt Benckiser, the British household goods company, has reported flat sales growth for 2017 but vowed that its sluggish performance would not continue.
Like for like revenues at the Cillit Bang and Clearisil maker were unchanged on 2016, the company said. But it also reported 2 per cent revenue growth on this underlying basis for the final quarter of the year, with performance boosted by its takeover in June of US baby milk group Mead Johnson.
Reckitt, which issued two sales warnings last year and was hit by a severe cyber attack, has been restructured by chief executive Rakesh Kapoor into two business units – one focused on health and…
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