Reckitt Benckiser first quarter revenue rises to $4.9 billion; Kris Licht appointed CEO

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Reckitt Benckiser Group PLC UK:RKT said Wednesday that its first-quarter revenue rose, supported by a broad-based growth across its businesses, and said it has appointed Kris Licht as Chief Executive Officer to succeed Nicandro Durante.

The consumer-goods company–which houses Dettol, Harpic and Durex among its brands–said revenue for the quarter was of 3.92 billion pounds ($4.86 billion), compared with GBP3.42 billion the same period a year ago as prices/mix was up 12.4%, while volumes fell 4.5%.

Revenue…

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