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    RKT   GB00B24CGK77

RECKITT BENCKISER GROUP PLC

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Sale of Stake in Mead Johnson Nutrition Argentina

11/02/2021 | 11:10am EST

Buenos Aires, Argentina - Reckitt Benckiser Group plc ("Reckitt") and Argentinean cooperative SanCor are pleased to announce that they reached an agreement with Roemmers Group for the sale of 100% of the shares of Mead Johnson Nutrition Argentina S.A. The sale includes the SanCor Bebé and SanCor Bebé Premium brands in Argentina, Bolivia, Paraguay and Uruguay, as well as the commercialisation of Reckitt's EnfaBebé, Nutramigen and Enfamil brands in those markets for ten years. Nutrition remains a core part of Reckitt's global strategy to protect, heal and nurture in the relentless pursuit of a cleaner and healthier world. The cash impact of this transaction is immaterial to Reckitt.

Disclaimer

Reckitt Benckiser Group plc published this content on 02 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2021 16:09:14 UTC.


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Financials
Sales 2021 13 114 M 17 908 M 17 908 M
Net income 2021 310 M 423 M 423 M
Net Debt 2021 7 938 M 10 839 M 10 839 M
P/E ratio 2021 729x
Yield 2021 2,72%
Capitalization 45 701 M 62 411 M 62 407 M
EV / Sales 2021 4,09x
EV / Sales 2022 4,06x
Nbr of Employees 43 500
Free-Float -
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Reckitt Benckiser Group plc Technical Analysis Chart | RKT | GB00B24CGK77 | MarketScreener
Technical analysis trends RECKITT BENCKISER GROUP PLC
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TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 21
Last Close Price 6 397,00 GBX
Average target price 7 165,63 GBX
Spread / Average Target 12,0%
EPS Revisions
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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