BUZZ-Reckitt Benckiser slides on costs associated with unit divestiture, weaker Q4 Europe revenue
Reuters03-05 21:42
BUZZ-<a href="https://laohu8.com/S/RBGLY">Reckitt Benckiser</a> slides on costs associated with unit divestiture, weaker Q4 Europe revenue
** Shares of British consumer goods maker Reckitt BenckiserRKT.L fall 7.1% to 5,618p, hitting their lowest since October
** Stock top loser on FTSE 100 index .FTSE
** RKT's core margins could be undermined by stranded costs associated with $4.8 billion divestiture of its Essential Home division to private equity firm Advent International, analysts say
** Q4 Europe LFL net revenue declined 4.5%; co expects challenging trading environment in the region in 2026
** Q4 group volume declined 0.2%
** Including session's gains, stock down 6.27%
(Reporting by Megha Anilkumar Nair)
((MeghaAnilkumar.Nair@thomsonreuters.com;))
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