Reckitt Benckiser Group plc (RKT) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.097 Welcome to Rekits Q1 Trading Update. I'm Nick Ashworth, Head of Investor Relations here 00:00:04.097 -- 00:00:09.143 at Rekits, and I am here with our CEO, Chris Licht, and our CFO, Shannon Eisenhardt, 00:00:09.143 -- 00:00:13.790 who will take you through some prepared remarks before we then take your questions. 00:00:13.790 -- 00:00:17.575 Before we start, I would like to draw your attention to the usual disclaimer in respect 00:00:17.575 -- 00:00:22.542 to forward-looking statements contained on page 7 of our R&S published this morning. 00:00:22.542 -- 00:00:24.244 I'll now hand over to Chris. 00:00:24.244 -- 00:00:27.807 Thank you, Nick. Good morning, everyone, and thank you for joining us. 00:00:27.807 -- 00:00:30.792 core record delivered 1.3% like-for-like 00:00:30.792 -- 00:00:33.377 net revenue growth in Q1. 00:00:33.377 -- 00:00:38.446 This was impacted by the end of a very weak season, a competitive environment 00:00:38.446 -- 00:00:43.495 in Europe, and particularly in the auto dish category, as well as geopolitical 00:00:43.495 -- 00:00:45.495 disruptions. 00:00:45.539 -- 00:00:49.526 Excluding the seasonal business, core record delivered 3.1% 00:00:49.526 -- 00:00:54.899 like-for-like growth. This was led by high single-digit growth in emerging markets, 00:00:54.899 -- 00:01:00.326 with China and India both delivering double-digit growth, and Dettol continuing 00:01:00.326 -- 00:01:04.909 to perform strongly in both countries, driven by innovation. 00:01:04.911 -- 00:01:10.218 Our North American non-seasonal business was strong, with Lysol up double digits 00:01:10.218 -- 00:01:15.224 in the quarter ahead of the spring cleaning season, and continued strong performance 00:01:15.224 -- 00:01:19.782 with Lysol air saniti...