Reckitt Benckiser Group: A Solid Quarter Supports The Investment Case

Retirement Pot 2.03K Followers Follow Summary Reckitt delivered solid H1 results, with top line growth in both Core Reckitt and Mead Johnson Nutrition, despite regional disparities. RBGLY's operating profit, margin, and cash flow fell, mainly due to the Essential Home divestment, but management remains confident about forward momentum. The interim dividend grew 5% to 88.6p, yielding 4.2%, and a new £500m buyback was announced, signaling ongoing capital returns. At 11x earnings versus peers at 19x, RBGLY remains undervalued with steady brand strength, cost focus, and a continued 'buy' rating.