TRANSFORMATION FIRMLY ON TRACK: STRONGER BUSINESS WELL POSITIONED TO DELIVER MEDIUM-TERM TARGETS

CONTINUED MOMENTUM IN 2021: Targeting revenue growth and margin expansion in 2022

February 2022

WHAT WE SAID

Mid single-digit(MSD) LFL net revenue growth as we exit 2022, and mid 20s AOP margin

by the mid 2020s.

2022 TARGETS

+1-4% LFL net revenue growth

WHAT WE HAVE ALREADY DELIVERED

3.5%

LFL net revenue

growth 2021

17.4%

2 year

stacked LFL net

revenue growth

c.70%

at >5%

of portfolio*

already growing

62%

of core CMUs

holding/gaining share

AOP margin growth

Top line performance significantly better than peers - 2 year stacked LFL net revenue growth

17.4% 11%

Reckitt

FMCG peer

average†

†Reckitt plus top 10 peers using latest available reported results

-66% less absolute carbon in operations since 2015**

Improving lives where we live and work

3.4m people across 50 countries measurably impacted by our social impact work

*Excluding brands more impacted by Covid - Lysol, Dettol and cold and flu brands ** Meeting our 2030 science-based target ahead of schedule

Definitions (including LFL): see 2021 Results Statement)

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Reckitt Benckiser Group plc published this content on 17 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 17:01:03 UTC.