Replay available

Reckitt Benckiser Group plc (RKT) Q1 2025 Earnings Call

Reckitt Benckiser Group plc (LSE: RKT) Q1 2025 earnings conference call, held 2025-04-23. Replay captured from the company's public earnings webcast.

Wed, April 23, 2025 at 3:30 AMendedReplay
Reckitt Benckiser Group plc (RKT) Q1 2025 Earnings Call

Hosted by

Featured presenters

Chris Licht

CEO

Shannon Eisenhardt

CFO

Rashad Kawan

Analyst, Morgan Stanley

Gillum Dalmas

Analyst, UBS

Jeremy Fialka

Analyst, HFBC

Victoria Petrova

Analyst, Bank of America

David Hayes

Analyst, Jefferies

Jeff Stent

Analyst, BNP Paribas

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.301 -- 00:00:03.886 Good morning and welcome to Racket's Q1 Trading Update. 00:00:03.886 -- 00:00:08.812 I'm here with our CEO, Chris Licht, and our CFO, Shannon Eisenhardt, who will take you 00:00:08.812 -- 00:00:12.817 through some prepared remarks before we then take your questions. 00:00:12.817 -- 00:00:16.182 Before we start, I would like to draw your attention to the usual disclaimer in respect 00:00:16.182 -- 00:00:21.409 to forward-looking statements contained on page five of our R&S published this morning. 00:00:21.409 -- 00:00:23.331 I'll now hand over to Chris. 00:00:23.331 -- 00:00:27.317 Thank you, Nick. Good morning, everyone, and thank you for joining us. 00:00:27.317 -- 00:00:32.917 We have delivered a solid start to 2025. with our overall Q1 performance 00:00:32.917 -- 00:00:36.563 in line with the guidance provided in March. 00:00:36.563 -- 00:00:42.011 Core record delivered 3.1% like-for-like net revenue growth and volume growth of plus 00:00:42.011 -- 00:00:47.399 0.3%, closer to 1% when excluding the SAP pull-forward 00:00:47.399 -- 00:00:52.908 impact in Q1 last year. Emerging markets was especially strong, 00:00:52.908 -- 00:00:57.935 reflecting improved in-market execution, double-digit growth in intimate wellness, 00:00:57.935 -- 00:01:03.243 debt hole, and VMS, and continued momentum in China and India. 00:01:03.243 -- 00:01:08.450 We've continued to execute our strategy to transform Racket into a more efficient, world-class 00:01:08.450 -- 00:01:11.554 consumer health and hygiene company. 00:01:11.554 -- 00:01:16.160 Our sharpened focus on our power brands is delivering both better results and market 00:01:16.160 -- 00:01:18.163 share gains. 00:01:18.163 -- 00:01:23.630 Innovation is continuing to drive category growth acros...