Oct 22 (Reuters) - Consumer goods group Reckitt
beat third-quarter like-for-like net sales growth expectations
on Wednesday and retained its overall 2025 outlook, helped by
strength in emerging markets and a return to growth in Europe
and North America.
The maker of Durex condoms and Lysol cleaning products
reported total group like-for-like net revenue growth of 7% for
the quarter ended September 30, compared with 6.4% expected in a
company-compiled consensus.
It maintained its 2025 revenue outlook for like-for-like net
revenue growth of above 4% for its core business, which excludes
Essential Home and Mead Johnson, and 3% to 4% for the group
overall.
"These results reflect sequential volume improvements and
the strength of our Powerbrands," CEO Kris Licht said in a
statement.
Reckitt, which had announced the sale of its Essential Home
business to private equity firm Advent for $4.8 billion in July,
said it continues to expect to complete that disposal by this
year-end.