The formula crisis in the US means that the cart parked in the Reckitt boardroom probably has to stay. It’s not the worst problem to have.
On Wednesday, the British company behind baby food Enfamil as well as snack cupboard brands like Lysol announces strong second quarter results and enhance its all-year guide. Comparable group sales grew 11.9% year-over-year in the three months to the end of June. Shares of Reckitt were up 5% in morning trading.
