Reckitt third-quarter sales top estimates on coronavirus demand for cleaning products

Reckitt Benckiser reported on Tuesday a much bigger-than-expected rise in third-quarter sales and raised its full-year outlook, as the coronavirus pandemic lifts demand for its cleaning products. “While there is still more work to do, I’m pleased to say that RB today is in much better shape than it was a year ago,” Chief Executive Laxman Narasimhan, who has been in the role for a year, told reporters. Reckitt shares were up 2% at 0705 GMT in London. …read more

Source:: Yahoo Finance

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