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Reckitt Benckiser Posts

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By: TOM BRANNA

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Reckitt Benckiser, the largest manufacturer of household cleaning products in the world, announced record results for 2002. Fourth quarter net revenues were flat (up 6% at constant exchange) at $1.4 billion as a much weaker U.S. dollar countered the underlying business growth. For the full year, net revenues grew 3% (7% constant) to $5.6 billion. “Reckitt Benckiser had another good year in 2002,” noted Bart Becht, chief executive officer. “Net revenues and profits grew to new record levels. Gro...

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