BUZZ- Reckitt shares rise as revenue growth beats market expectations

Reuters10-22
BUZZ- Reckitt shares rise as revenue growth beats market expectations

** British consumer goods maker Reckitt RKT.L shares rise as much as 2.3% to a more than two-year high of 6,014p

** RKT's group like-for-like net revenue grew 7% in Q3, boosted by strength in emerging markets

** Revenue growth beats analysts' forecast of 6.4% rise, according to a company-compiled poll

** Co maintains its 2025 forecast of more than 4% like-for-like revenue growth for its core business

** "Its improving track record of delivery and attractive growth in the consumer staples context should be well-received" - RBC Capital Markets analysts

** Including session's gains, stock up 20.84% YTD

(Reporting by Tuhina in Bengaluru)

((Tuhina@thomsonreuters.com))

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