Directors Deals 

Reckitt Benckiser director buys on the dip

Reckitt Benckiser director buys on the dip

Reckitt Benckiser (RB.) is in the process of repositioning itself as a consumer health and hygiene group after selling its food business to US company McCormick for $4.2bn (£3.2bn). But it hasn’t been an entirely smooth transition. A cyber attack hit the company earlier this year, and recent weak trading patterns mean full-year sales are expected to fall flat on last year. It hasn't helped that sales from the recently acquired Mead Johnson nutrition business could decline by as much as 2 per cent year on year.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now