Reckitt Benckiser Group/£RKT

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About Reckitt Benckiser Group

Ticker
£RKT
Primary listing
LSE
Employees
36,200

RKT Metrics

BasicAdvanced
£31B
11.08
£4.43
0.25
£4.51
9.20%

Bulls say / Bears say

Reckitt’s core sales momentum improved sharply: second-quarter like-for-like growth reached 4.2%, ahead of expectations, led by 9.4% growth in emerging markets. Management kept its 2026 core growth target at 4% to 5%, suggesting the recovery remains on track. (Reuters, Reckitt)
The focused portfolio and Fuel for Growth savings programme are starting to support execution. Recent innovation helped North American brands such as Lysol and Mucinex, while management expects second-half margins to improve as cost savings, pricing and a better product mix take effect. (Reckitt, Morningstar)
A unanimous federal jury verdict in favour of Mead Johnson reduced a major obstacle to selling the non-core nutrition business. A disposal could simplify Reckitt further and unlock value, with reports saying the ruling improves the chance of a deal by year-end. (The Grocer, MarketScreener)
First-half profitability weakened: the adjusted operating margin fell to 23.6%, while adjusted EPS declined 9.7%. Delivering the full-year 24.9% to 25.6% margin target therefore depends on a substantial second-half recovery. (Reckitt, StockAnalysis.com)
The balance sheet and cash generation are less comfortable after large shareholder distributions. Net debt rose to 2.5 times adjusted EBITDA, while first-half free cash flow fell, leaving less room if input costs rise or the consumer trades down to cheaper alternatives. (Reckitt, Interactive Investor)
The Mead Johnson litigation has improved but is not fully resolved, and the sale is not yet completed. Management itself has cautioned that one favourable case does not determine the wider litigation, so potential liabilities and the eventual disposal price remain uncertain. (Morningstar, EarningsCalls.dev)
Data summarised monthly by Lightyear AI. Last updated on 28 Sept 2026.

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