23% jump in net income of Reckitt Benckiser
Posted by admin | Under business success, connection, networks, success, tidings Monday Jul 26, 2010The group of consumer products Reckitt Benckiser has published a net increase of 23% for the second quarter, above expectations and maintained its objectives.
The British, who announced last week its intention to purchase for 2.54 billion pounds his compatriot SSL, the makers of Scholl sandals and Durex condoms, had a net profit of 380 million pounds (455 million euros ).
Analysts surveyed by I / B / E / S expected the 363.4 million.Reckitt had said 365 million anticipated.
Reckitt said that if its takeover offer for SSL to succeed, he thought he could close the deal in the fourth quarter.
The proposed interim dividend up 16% to 50 pence.
The group said its performance was led by strong growth in developing markets and the success of new products
For the year, Reckitt, known for its detergent brands Cillit Bang and analgesic Nurofen, still expects revenues up 5% and operating profit up 10% on a comparable basis, c that is to say, at constant exchange rates and without regard to its subsidiary, Reckitt Benckiser Pharmaceuticals.
The main drug of this subsidiary is the Suboxone treatment against addiction to heroin, which has lost its exclusive license last October. Reckitt had said at the time that the profit of this product in the United States could decline by 80% with the introduction of generic competitors.