Reckitt trims sales outlook and reveals price hikes amid Iran war cost pressures

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Reckitt has lowered its sales outlook following setbacks for Lysol and its business operations in China. The company revealed that price hikes were implemented to counter cost pressures stemming from the Iran war. Despite a challenging consumer environment and a decrease in cold and flu incidence, the group's European business has returned to growth. These strategic adjustments come as the firm navigates various global economic headwinds and specific regional market difficulties to stabilise its overall financial performance.
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27/10 10:55 ft.com
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