The earnings call reflects a generally positive outlook with significant achievements in earnings growth, market share gains, and innovation successes. However, challenges persist in the Nutrition segment and Essential Home, along with impacts from a weak cold and flu season. Overall, the positive aspects slightly outweigh the negative ones, indicating cautious optimism for future performance.
Company Guidance
During the call, Reckitt provided detailed guidance for its fiscal year 2025, emphasizing its expectations for continued growth and strategic shifts. The company aims for 3% to 4% like-for-like net revenue growth in its Core Reckitt segment, with balanced delivery across the first and second halves of the year. Essential Home and Mead Johnson Nutrition are expected to see low single-digit growth, with both businesses showing declines in the first half. The adjusted operating profit is projected to grow ahead of net revenue, supported by the Fuel for Growth program, which targets a 300 basis point reduction in fixed costs by 2027. In 2024, the group achieved a 1.4% net revenue growth, consistent with prior guidance of 1% to 3%. The adjusted operating profit increased by 8.6%, and the company returned £2.7 billion to shareholders, reflecting a 75% increase from the previous year. Regionally, strong performances were noted in Europe and developing markets, notably China, while North America faced challenges due to a weak cold and flu season. The company also announced plans to exit Essential Home and Mead Johnson Nutrition, with new leadership in place at Essential Home and ongoing litigation defense in Nutrition.
Strong Earnings Growth
Adjusted operating profit increased by 8.6% and EPS grew by 7.9% due to effective cost management and successful implementation of the Fuel for Growth program.
Market Share Gains
55% of top CMUs held or gained market share across Health and Hygiene, indicating effective market strategies and product positioning.
Innovation Success
New products and category creations, such as Lysol Air Sanitizer and Durex Intensity, drove higher-margin growth and strong market performance.
Record Cash Returns to Shareholders
£2.7 billion returned to shareholders through dividends and share buybacks, a 75% increase from the previous year.
Emerging Markets Growth
Strong performance in China with double-digit net revenue growth and promising expansion in regions like Africa and Latin America.
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Reckitt Benckiser Group (RBGLY) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RBGLY Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 06, 2025
$13.03
$13.33
+2.30%
Jul 24, 2024
$10.91
$11.13
+2.02%
Feb 28, 2024
$13.84
$11.98
-13.44%
Jul 26, 2023
$14.11
$14.03
-0.57%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Reckitt Benckiser Group Plc (RBGLY) report earnings?
Reckitt Benckiser Group Plc (RBGLY) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Reckitt Benckiser Group Plc (RBGLY) earnings time?
Reckitt Benckiser Group Plc (RBGLY) earnings time is at Jul 24, 2025, TBA Not Confirmed.
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