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Reckitt Benckiser Q1

First quarter results stated:

Reported revenues of £3.1bn in the first three months of the year, up 49 per cent on the same quarter last year
Like for like sales growth figure missed analyst estimates of 2.6 per cent
The Co held to its full year target of 2-3% like-for-like growth in revenues
North America was the star performer with like-for-like revenue growth of 6%, thanks to a strong cold and flu season
Russia and Middle East continued to be weighed down by challenging market conditions while poor sales of Scholl dragged on revenues in Europe

As of 8.52am the stock was trading down c.7.15% at c.5360p


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