Business
Half-year Report
Half-year Report.
About this update from Reckitt Benckiser Group Plc
[{"type":"text","content":"\n\n24 July 2024 \n \nRECKITT ANNOUNCES H1 RESULTS AND STRATEGIC UPDATE\n \n\n\n\n\nAdjusted1\n\n\nIFRS\n\n\n\n\n£m\n\n\n2024 H1\n\n\nYoY2\n\n\n£m\n\n\n2024 H1\n\n\nYoY2\n\n\n\n\nFirst Half\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nLike-for-like (LFL) net revenue growth3\n\n\n \n\n\n+0.8%\n\n\nNet revenue\n\n\n\n7,167\n\n\n-3.7%\n\n\n\n\nHygiene\n\n\n \n\n\n+4.5%\n\n\nHygiene\n\n\n3,060\n\n\n+0.1%\n\n\n\n\nHealth\n\n\n \n\n\n+1.3%\n\n\nHealth\n\n\n2,941\n\n\n-4.3%\n\n\n\n\nNutrition\n\n\n \n\n\n-9.0%\n\n\nNutrition\n\n\n1,166\n\n\n-11.4%\n\n\n\n\nGross profit margin\n\n\n60.6%\n\n\n+120bps\n\n\nGross profit margin\n\n\n60.6%\n\n\n+120bps\n\n\n\n\nOperating profit\n\n\n1,683\n\n\n-4.9%\n\n\nOperating profit\n\n\n1,678\n\n\n-4.3%\n\n\n\n\nOperating profit (constant FX)3\n\n\n \n\n\n+0.6%\n\n\n \n\n\n \n\n\n \n\n\n\n\nOperating profit margin\n\n\n23.5%\n\n\n-30bps\n\n\nOperating profit margin\n\n\n23.4%\n\n\n-20bps\n\n\n\n\nDiluted EPS\n\n\n161.3p\n\n\n-6.8%\n\n\nDiluted EPS\n\n\n161.0p\n\n\n-6.8%\n\n\n\n\nFree cash flow\n\n\n821\n\n\n+8.3%\n\n\nCash generated from operating activities\n\n\n982\n\n\n+5.0%\n\n\n\n\nCash returns to shareholders4\n\n\n1,583\n\n\n+100%\n\n\n \n\n\n \n\n\n \n\n\n\n\nQ2\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nLFL net revenue growth\n\n\n \n\n\n0.0%\n\n\nNet revenue\n\n\n3,430\n\n\n-2.8%\n\n\n\n\n1. Adjusted measures are defined on page 24.\n2. All growth rates are presented on an actual basis, except for LFL net revenue growth and where separately noted.\n3. LFL net revenue and adjust...