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Reckitt Benckiser Reports Strong Sales Growth In 1Q 2016; Fears Slowdown In Emerging Markets

April 18, 2016: 12:00 AM EST
Reckitt Benckiser reported like-for-like net sales grew 5 percent in the first quarter of 2016, compared with the same quarter in the previous year. According to the company, its health unit boosted total sales by 10 percent. During the quarter, sales in developing markets grew 10 percent, driven by growth in India and China. RB cited tougher business conditions in emerging markets, particularly in Brazil.
"Reckitt Benckiser Q1 Results 2016: A good start to the year", Reckitt Benckiser, April 18, 2016, © Reckitt Benckiser Group plc
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