Reckitt Benckiser Group Full Year 2024 Earnings: EPS Misses Expectations

Reckitt Benckiser Group (LON:RKT) Full Year 2024 Results

Key Financial Results

• Revenue: UK£14.2b (down 3.0% from FY 2023).
• Net income: UK£1.43b (down 13% from FY 2023).
• Profit margin: 10% (down from 11% in FY 2023).
• EPS: UK£2.04 (down from UK£2.28 in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Reckitt Benckiser Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%.

The primary driver behind last 12 months revenue was the Hygiene segment contributing a total revenue of UK£6.14b (43% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to UK£3.54b (49% of total expenses). Explore how RKT's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Household Products industry in Europe.

Performance of the market in the United Kingdom.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Reckitt Benckiser Group you should know about.

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