Reckitt beats second-quarter sales estimates on emerging markets strength
Reckitt beats second-quarter sales estimates on emerging markets strength July 29 (Reuters) - Dettol maker Reckitt RKT.L maintained its annual forecast and also beat second-quarter like-for-like sales growth estimates on Wednesday as continued strength in China, India and other emerging markets helped offset disruption from the Iran war.
The company, which makes Durex condoms and Finish cleaning products, reported like-for-like net revenue growth of 4.2% in its core business for the quarter ended June 30, compared with 3.6% forecast by analysts in a company-compiled poll.
(Reporting by Shashwat Awasthi in Bengaluru and Richa Naidu in London; Editing by Sherry Jacob-Phillips)
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