Reckitt shares drop on annual revenue growth forecast cut

Reckitt Benckiser

Tue 08:21

** Shares of Dettol maker Reckitt RKT.L down 6.7% at 5,116p
** Stock is top loser on FTSE 100 .FTSE 
** Co cut its annual net revenue growth forecast to 3.5%-4.5% from 4%-5%
** It reported weaker-than-expected Q3 revenue growth, hit by a tough consumer backdrop and North American manufacturing constraints
** YTD, stock has fallen 8.7% 
     
     

 (Reporting by Tuhina in Bengaluru)
 ((tuhina@thomsonreuters.com))