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Nurofen and Dettol maker's shares fall 6% as investors brace for tariffs
The Guardian
|April 24, 2025
Shares in the maker of Dettol and Nurofen fell 6% yesterday as investors braced for the impact of Donald Trump's tariffs.
The FTSE 100 consumer goods business Reckitt Benckiser, which is based in Slough and makes products including Durex condoms and Harpic bleach, said it was "closely monitoring" the evolving situation around trade tariffs and possible effects on its supply chain.
Its share price was down 5.7% at yesterday's close of trading after senior management said volatile market conditions could affect the sale of its lagging cleaning products business.
The group has put its Essential Home division, which includes Cillit Bang and Air Wick, up for sale. Net revenue in this part of the business dropped by 7% on a like-for-like basis in the first three months of the year to £482m, compared with a 3% rise in the core part of the group.
Diese Geschichte stammt aus der April 24, 2025-Ausgabe von The Guardian.
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