May 1 (Reuters) - Sensodyne toothpaste maker Haleon ( HLN )
said on Thursday it expects high single-digit percentage
growth in its operating profit from 2026, due to strength in key
markets and expected costs cuts within its supply chain.
The consumer goods firm had earlier forecast adjusted
operating profit growing "ahead of" the 4%-6% organic revenue
growth at constant currency rate. Thursday's more definite
outlook sent its shares as much as 3.8% higher.
"We've delivered on the commitments we made since
demerger and have established strong foundations as a standalone
company," Haleon ( HLN ) CEO Brian McNamara said in a statement.
"We are now focused on unlocking the full potential of
this company."
The consumer healthcare group said it expects 800 million
pounds ($1.07 billion) in gross productivity savings over the
next five years.
The outlook was given by Haleon ( HLN ) as part of its first ever
Capital Markets Day, and comes a day after the company, which
also makes Advil painkillers, said it was confident about
meeting its 2025 targets despite U.S. demand uncertainty.
The company was formed in 2019 with the merger of GSK and
Pfizer's consumer healthcare businesses and later spun out and
listed on the London Stock Exchange in 2022.
($1 = 0.7498 pounds)