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BUZZ-Reckitt Benckiser: Q1 sales disappoint
April 21, 2017 / 8:13 AM / in 8 months

BUZZ-Reckitt Benckiser: Q1 sales disappoint

** British consumer goods maker Reckitt Benckiser fell as much as 2.2 pct, lowest since February 22, and among the biggest losers on the FTSE 100

** Reckitt reports flat like-for-like Q1 sales that missed analysts’ estimates

** Sales hurt by ongoing fallout from weak markets in Europe and North America, a South Korean safety scandal, a failed new Scholl product and demonetization in India

** Indian demonetization could have a lingering impact on trading in country - Reckitt CEO

** Stock up about 6 pct this year as of Thursday’s close (Reuters messaging:; justin.varghese.thomsonreuters.com@reuters.net)

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