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Reckitt Benckiser Expects Good Results for FY2013

Emerging markets will provide a big lift.

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By: TOM BRANNA

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Although sales in Europe and North America are slowing, Reckitt Benckiser executives insist that sales will rise at the upper end of its target this year after reporting second-quarter revenue that topped analysts’ estimates. For the second quarter, sales rose 7% to $3.8 billion at current exchange rates. For the six months, sales rose 7% to more than $7.6 billion. Non-pharmaceutical revenue will advance at the upper end of the 5-6% guidance the company had previously disclosed, the Slough, ...

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