Top UK Stocks to Watch: Reckitt Benckiser reports record growth
Joshua Warner February 24, 2021 9:17 AM
Demand for Reckitt Benckiser brands increases during the pandemic, Lloyds pays the biggest dividend it can despite profits plunging, Vodafone confirms Vantage Towers IPO will happen next month, and Avast is to tap into PMovil’s 400 million customers. Share:
Top News: 2020 a ‘turning point’ for Reckitt Benckiser
Reckitt Benckiser said record growth in revenue and a lack of impairments saw it to return to profit in 2020, allowing it to pay down debt and maintain its dividend for the year.
The company, known for brands like Dettol disinfectant, Nurofen painkillers and Durex condoms, said net revenue jumped to £13.99 billion in 2020 from £12.84 billion the year before as demand for hygiene products increased during the pande
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