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    RB.   GB00B24CGK77

RECKITT BENCKISER GROUP PLC

(RB.)
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Delayed Quote. Delayed London Stock Exchange - 01/18 11:35:03 am
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Reckitt Benckiser : Our packaging pros pick up the top prizes

11/18/2021 | 08:23am EST

It's been a busy month for us at Reckitt, with COP26 and World Quality Day reminding us of our Sustainability Ambitions. And our 'busy season' isn't over yet! Our packaging teams have been to Amsterdam and London to inspire - and be inspired - by the latest in packaging from the brightest minds in the world.

Our teams are now celebrating their achievements, after picking up two awards at some of the world's biggest packaging shows.

Plastic Recyclers Show Europe (PRSE), Amsterdam

The two-day recycling show saw the newest developments and products (like recycled resins and re-processing machinery) exhibited. It brought together thousands of plastics recycling professionals for two days of networking, learning, sharing and doing business.

On the second day of PRSE, the industry celebrated seven standout individuals and companies' developments in a competitive awards scheme. All entries went through a demanding screening process. Two of our products were shortlisted and the team were delighted to score the top prize in the product technology innovation category, taking home the trophy for our newly developed recyclable trigger!

UK Packaging Awards, London

Just one week later, the team attended a flagship event in the packaging industry: the UK Packaging Awards 2021. These awards aim to celebrate the best products and achievements within the industry.

This year, the team were thrilled to be awarded 'Glass Packaging of the Year' thanks to the newly developed Gaviscon bottle. The pink shrink sleeve on Gaviscon's iconic bottle has now been removed and replaced with a spray coating, which has significantly improved its sustainability (through plastic saving) while maintaining brand equity and shelf navigation. As Gaviscon is a licensed Health product these changes came with a great deal of complexity - which was carefully negotiated by the safety, quality, regulatory, supply, procurement, project manager and R&D and regional packaging teams.

Our Packaging Sustainability Team were also 'highly commended' for the overall performance in the "Packaging Development Team of the Year" category. And the winner in this category was our customer: Tesco. Well done to the Tesco team!

Disclaimer

Reckitt Benckiser Group plc published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 13:22:07 UTC.


ę Publicnow 2021
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Sales 2021 13 113 M 17 832 M 17 832 M
Net income 2021 309 M 421 M 421 M
Net Debt 2021 7 935 M 10 790 M 10 790 M
P/E ratio 2021 723x
Yield 2021 2,75%
Capitalization 45 215 M 61 405 M 61 485 M
EV / Sales 2021 4,05x
EV / Sales 2022 4,02x
Nbr of Employees 43 500
Free-Float 96,7%
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 21
Last Close Price 6 329,00 GBX
Average target price 7 175,63 GBX
Spread / Average Target 13,4%
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Managers and Directors
Laxman Narasimhan Group Chief Executive Officer & Executive Director
Jeff Carr Chief Financial Officer & Executive Director
Christopher A. Sinclair Chairman
Aditya Sehgal Chief Operating Officer-Health
Nicandro Durante Senior Independent Director
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