SLOUGH (dpa-AFX) - Consumer goods giant Reckitt Benckiser Group Plc (RB.L, RBGPF.PK) reported that profit attributable to owners of the parent for six months ended 30 June 2013 decreasing to 660 million pounds from the previous year's 775 million pounds, with earnings per share declining to 90.4 pence from 105.2 pence last year.
Profit on ordinary activities before taxation slip to 898 million pounds from last year's 1.058 billion pounds in the previous year.
Net revenue for the period grew to 4.994 billion pounds from 4.669 billion pounds last year.
Excluding the contribution from RB Pharmaceuticals or RBP, total net revenue for the latest-period was 4.594 billion pounds, a Like-for-like increase of 6% (+6% total at constant rates, ex RBP). Growth was driven by a strong performance in our Emerging Market areas despite a slowing of volume market growth in certain regions.
The company said that the strong half hear results, its continued and sustained investment behind the long term equity of our brands, and good progress on the integration of its recent acquisitions, give it confidence that it can achieve the upper end its full year targets of 5 to 6 percent total net revenue growth (ex RBP), while maintaining adjusted operating margins.
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