Financial News

Reckitt Has ‘Good First Half’ Performance in 2026

CEO said the strength of Reckitt’s Power brands and consumer response to its recent innovations underpin these results.

Net revenue for Happi Top 50 Company Reckitt rose 1.8% to $8.25 billion in H1 2026.

“We accelerated like-for-like net revenue growth in the second quarter to drive a good first half performance,” said Reckitt CEO Kris Licht. “The strategic choices we have made are strengthening our execution, with all of our areas and categories accelerating in Q2 and a balanced contribution from volume and price / mix.”

He said the strength of Reckitt’s Power brands and strong consumer response to its recent innovations underpin these results.

Reckitt’s Fuel for Growth program is reducing fixed costs, driving efficiency and providing the company with greater capacity to invest. The Reckitt Fuel for Growth program is a major organizational effectiveness and fixed-cost optimization initiative designed to simplify management layers, drive operational efficiency and fund core brand investments. Program goals and targets include aiming to reduce fixed costs to under 19% of net revenue by the end of 2027; removing management layers to bring decision-makers closer to consumers and emerging markets; and a total one-off restructuring and transformation costs of approximately 1.3 billion.

One of the company’s power brands, Lysol, recently launched the HERE for Healthy Schools: Quality Time Off (QTO) Grant in collaboration with National PTA, the nation’s oldest and largest child advocacy association. As an extension of Lysol’s HERE for Healthy Schools initiative, launched in 2019, the grant reinforces the brand’s commitment to helping reduce the spread of illness-causing germs in classrooms nationwide. Read more about that initiative here.

Officials anticipate a Core Reckitt FY 2026 LFL net revenue outlook of +4% to +5%.

In emerging markets, the company expects H2 performance to be similar to H1, with a continuation of broad-based growth across regions alongside India and China.

Read more about Reckitt, which made our Happi Top 50 Companies list, in our July issue.

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