Haleon's Results Show Headwinds in Over-the-Counter Business

Dow Jones10-29

0837 GMT - Haleon's update continues to show growth headwinds across the over-the-counter business, analysts at Bernstein say in a note. It should lead investors to question its midterm growth outlook, they add. The consumer-healthcare company cut its guidance to organic sales growth for the full year, now expecting it around 2.5% from previously 3% to 5%. Overall, the update is disappointing, the analysts say. Shares fall 13.5%.

 

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