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Household cleaning division's results are muddied.
July 27, 2018
By: TOM BRANNA
Editor
Reckitt Benckiser posted a 23% gain in first half sales to more than $6.5 billion at current exchange rates, thanks to its acqusition of Mead Johnson last year. That purchase provided a lift to its health business, but its home hygiene results remained, well, a bit dirty. Sales of disinfectants and other cleaners declined 3% in the first half to $3.0 billion, as category growth remained challenging due to “continued tough pricing environment in developed markets.” The company noted that growth was broad-based across all the leading brands. Q2 saw double digit growth in
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