Medicine and condoms give Reckitt a lift
Demand for bathroom-cabinet and bedside-drawer staples from Strepsils to Nurofen and Durex is soaring, Reckitt Benckiser reported yesterday.
That helped send the consumer goods giant's revenues up 7 per cent to £2.5bn for the first three months of the year.
Rakesh Kapoor, Reckitt's chief executive, who pocketed £6.3m in pay and share bonuses last year, said an extra-vicious flu season had helped revenues grow. "Mucinex and Strepsils have done particularly well, benefiting from a higher incidence of flu in the US and cold, flu and sinus innovations," Mr Kapoor, pictured, added.
Nurofen and Durex also had "a strong performance," Mr Kapoor said. Reckitt said its condom brand's surging popularity was linked to major growth in China and the "roll-out" of its Real Feel condoms, designed to give "a natural skin-on-skin feeling". Elsewhere, Dettol sales are growing "very strongly" in emerging markets, the consumer goods group added.
Children's bookseller wins The Independent's new author search
Board creates magnetic field to achieve lift
Follow the latest news and score as Chelsea take on Maribor at Stamford Bridge.
Company reveals $542m investment in start-up building 'a rocket ship for the mind'
Singer says the track was 'force-fed down people's throats'
- 1 Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
- 2 Banksy arrest hoax: Internet duped by fake online report claiming artist's identity has been revealed
- 3 Former East 17 frontman Brian Harvey turns up at Downing Street and 'demands to speak to Prime Minister'
- 4 The inventor of the Facebook 'like' button says he never made a 'dislike' button because he feared the 'unfortunate consequences'
- 5 Russell Brand threatened with arrest after filming outside Fox News headquarters
Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
Oscar de la Renta dead: Legendary US fashion designer dies after long cancer battle aged 82
Oscar Pistorius: The brutal prison life that awaits disgraced athlete
Banksy arrest hoax: Internet duped by fake online report claiming artist's identity has been revealed
Super-sized ships arrive in Britain: How big can they get?
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Residents should throw a street party and mix with immigrant neighbours, councils told
Russell Brand threatened with arrest after filming outside Fox News headquarters
London bus driver 'kicks gay couple off for kissing'
Lord Freud: Tory welfare minister apologises after saying disabled people are 'not worth’ the minimum wage
Lord Freud hangs on as MPs of all parties 'call for his head' over disability comments
iJobs Money & Business
£23000 per annum + pension and 22 days holiday: Ashdown Group: An established ...
£27000 per annum + pension, 22 days holiday: Ashdown Group: An established ind...
£23000 - £26000 Per Annum: Clearwater People Solutions Ltd: Our client is curr...
£25 - 30k: Guru Careers: A Corporate Actions Administrator / Operations Admini...