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Reckitt misses first-quarter like-for-like sales estimates
Reckitt misses first-quarter like-for-like sales estimates

RTÉ News​

time23-04-2025

  • Business
  • RTÉ News​

Reckitt misses first-quarter like-for-like sales estimates

Reckitt, the maker of Dettol and Lysol cleaning products, has today missed first-quarter like-for-like net sales growth estimates, as fewer people bought its products in Europe and North America. The company maintained its full-year outlook and expects like-for-like net sales growth of 2%-4%. Reckitt's first-quarter like-for-like net sales rose 1.1%, a smaller increase than the 1.4% growth analysts had expected in a company-supplied poll. Price/mix, a metric that reflects how much Reckitt sold its products for, rose 3%, and volumes declined 1.9%. Analysts expected price/mix to rise by 1.3% and volumes to be flat. The company, whose other products include Nurofen tablets, cold remedy Lemsip and Durex condoms, said it is "closely monitoring the evolving situation around global tariffs and the potential impacts on our supply chain and cost base."

Reckitt misses first-quarter like-for-like sales estimates
Reckitt misses first-quarter like-for-like sales estimates

Reuters

time23-04-2025

  • Business
  • Reuters

Reckitt misses first-quarter like-for-like sales estimates

LONDON, April 23 (Reuters) - Reckitt (RKT.L), opens new tab, the maker of Dettol and Lysol cleaning products, on Wednesday missed first-quarter like-for-like net sales growth estimates, as fewer people bought its products in Europe and North America. The company maintained its full-year outlook and expects like-for-like net sales growth of 2%-4%. Reckitt's first-quarter like-for-like net sales rose 1.1%, a smaller increase than the 1.4% growth analysts had expected in a company-supplied poll. Price/mix, a metric that reflects how much Reckitt sold its products for, rose 3%, and volumes declined 1.9%. Analysts expected price/mix to rise by 1.3% and volumes to be flat. The company, whose other products include Nurofen tablets, cold remedy Lemsip and Durex condoms, said it is "closely monitoring the evolving situation around global tariffs and the potential impacts on our supply chain and cost base."

Six things foreigners often find surprising about pharmacies in Spain
Six things foreigners often find surprising about pharmacies in Spain

Local Spain

time25-03-2025

  • Health
  • Local Spain

Six things foreigners often find surprising about pharmacies in Spain

If you're planning on moving to Spain, are new here or are simply visiting, there will be many things to get your ahead around about your new country. If unfortunately you fall ill or you need help filing long-term prescriptions, you'll need to visit a pharmacy, or farmacia in Spanish. There are several ways that pharmacies in Spain may differ from the ones you're used to back home though, from the way the operate to the items available. Here's what you need to know. There are no big chain pharmacies While you'll find several big stores selling cosmetics, shampoos and lotions such as Primor, Druni and Sephora, you won't actually find any big chain pharmacies like Boots in the UK or Walgreens in the US, which sell wide ranges of vitamins, pain killers, cold and flu medicine etc. Even big chain supermarkets in Spain will not have pharmacy sections where you can buy these types of products. If you want any of these items, you'll have to go to a specific individual pharmacy, not a big chain or supermarket. Like in most countries you'll be able to find some pharmacies that are open any time of the day or night you need them. These are known as farmacias de guardia and offer services 24 hours a day. Even if they are not physically open, you will typically be able to ring a bell and someone will come and serve you through the hatch. Like most establishments, most pharmacies also close on Sundays, but these particular farmacias de guardia - typically one per neighbourhood - will stay open. You can't pick medicine up from the shelves yourself in Spain If you're sick somewhere like the UK or the US for example, you'll probably head to your nearest Boots or Walgreens and simply pick up a packet of Advil, Nurofen or Lemsip and Beechams for cold and flu. You can spend time looking at the different products on offer, compare prices and ingredients, but in Spain, even in pharmacies, there are no medicines out on the shelves for you to pick up yourself. Pharmacies only have products such as cosmetics, sunscreens and baby bottles out on the shelves, anything that's considered a medicine, you'll have to ask for. This can be slightly frustrating because you won't know the price of anything until they get it for you, and you can't really look at different options as you don't know what's available. It's all down to what the pharmacist believes you need or if you know the brand you want. But don't worry, pharmacists here are used to being asked lots of questions, so you if you want to compare brands or ingredients in different medicines, they will definitely be able to help you. The main issue may be the language barrier, because you'll have to communicate in Spanish rather than just look on the shelves. It's worth noting though, that pharmacists in many big cities may have some level of English. Spanish pharmacists are highly-trained, and you can go to them for advice The good news is that even if you can't pick up items yourself, pharmacists in Spain can often be your first point of call when you need medical advice and can be used for minor issues instead of going to the doctor. They will also tell you whether or not they think you need to see a doctor. But unlike in the UK, pharmacists in Spain cannot issue prescriptions, so if you need a type of medicine which you need a doctor's authorisation for, you'll still have to make an appointment. Spanish pharmacies can be more expensive for everyday items Brands in Spanish pharmacies tend to be on the expensive side, particularly for things like supplements, cold meds and vitamins. You can't just pick up a cheap Boots-own brand bottle of vitamin C, so you may be shocked at how much things cost in pharmacies here. Having said that, if you actually have a prescription for medicine from your doctor, this is highly subsidised by the government and can be very inexpensive. This means most prescription meds are definitely cheaper than countries with private healthcare systems like the US. Some pharmacies in Spain look more like museums There are many pharmacies in Spain that have been going for years, even over a century, and still look like old apothecary shops with the antique ceramic jars, old wooden cabinets and even vintage signage. They look almost like museums stuck in time, even though they're modern working pharmacies. Today, these historic decorative elements are mostly for show, medicines come in sealed boxes and packets rather than directly from these jars and mini drawers.

Nova Twins on silencing the heavy metal doubters: ‘People don't question men'
Nova Twins on silencing the heavy metal doubters: ‘People don't question men'

The Guardian

time14-03-2025

  • Entertainment
  • The Guardian

Nova Twins on silencing the heavy metal doubters: ‘People don't question men'

Nova Twins vocalist-guitarist Amy Love is trying to make me feel better about the litany of things that have gone wrong during our one-hour chat. She and her bandmate Georgia South entered the shabby-chic dressing room of London's Omeara in a whirlwind of denim, arraying themselves on the mismatched armchairs after a soundcheck that didn't entirely go to plan – my Dictaphone broke, South's battling a cold, I realised I had the wrong notebook with me … We're all feeling a little frazzled as trains rumble by and South boils the kettle for a Lemsip. The fact chaos swirls around Nova Twins is fitting, perhaps. Their brand of boot-stomping rock takes the pop and R&B music they'd grown up with and distorts it to hell. Nu-metal adjacent, they play a kind of grimy rap-rock with the energy and hooks of the pop end of punk. Their first album as Nova Twins, Who Are the Girls?, was released in 2020 and with lockdown denying them a traditional touring and promo cycle, they threw themselves into writing its follow-up. Supernova (2022) was a rush of brash, powerful adrenaline that catapulted them into the rock music primetime. They garnered famous fans – Elton John said 'These girls rock my world', Rage Against the Machine's Tom Morello told NME they are one of his favourite bands; huge stadium support slots with Bring Me the Horizon and Muse; a Mercury prize nomination and two solid years of touring the world with a stage show that has all the energy of a can of Monster after five minutes in an industrial paint shaker. Suddenly they were famous, successful and contractually obliged to write another record in a tight time frame having spent two years doing nothing but sitting in a van. While they were away from home, friendships and relationships were hard to maintain. 'Eventually … the texts stop coming,' Love says sadly. 'It does take a mental toll – and you don't realise [at the time, on tour] because you're excited and then you're like: 'Why are we crying suddenly for no reason?' It really throws you off balance. And when you come home, you're a robot. You feel hollow.' The Twins – not actual twins, but rather old, perfectly matched friends (what did they do on those long van rides? 'Honestly we just yapped the whole time') first met in their teens, when Love dated South's brother: she became part of the family – the two girls even shared a bedroom – and eventually they started making music together. An early iteration of the group was named BRAAT way before the lime-green album was even a twinkle in Charli xcx's eye, and their first song tumbled out of them amid giggles on the sofa. 'Bad Bitches' – 'It was just bass and vocals,' South recalls, 'and we were like, oooh this is cool …' But this time, nothing was tumbling out of anywhere. Slowly, as they decompressed from the tour and started engaging with 'real life' again, reconnecting with friends and spending time enjoying London, themes and ideas started coming up. Third album Parasites & Butterflies is alive with that feeling of separate existences: it pings from serpentine hellfire (Glory) to kick-you-in-the-face rawk (Monster) to Beastie Boys-esque chanting (N.O.V.A.) and potent balladry (Hummingbird). On Supernova, they felt they had to be basically superheroes, relentless with manic positivity and power; the album has a hint of dread. 'There's a kind of dark undertone – which is reflective of where we were at the time – but in a good way,' Love says. 'It's open. Honest. Because we're not all happy and super-strong 100% of the time.' The Twins made a conscious decision not to use any synths on the album – all the sounds are made using guitars (Love) and bass (South) with vast boards of effects pedals to manipulate their output. 'We've always pushed ourselves to do things really manually live,' South says. 'And I think being women in music … people don't question men. So they can have everything on the track and they can still be 'the greatest' – people won't question if they're playing live, they won't question if they wrote their riffs, or if they're miming, or anything. Because we were women going into it – and Black women – we were like: we need to play everything, do everything.' It might have started as a reaction to the misogynoir that dogs heavy rock genres but it turned out to be an integral part of a Nova Twins show, with South in particular marshalling two vast planks of pedals at her feet, stomping on them periodically to take her bass from a muscular strut to a thundering dubstep fuzz. Growing up in Essex and south London respectively, Love and South dealt with varying degrees of racism (Love is of Iranian and Nigerian descent, and South is of Jamaican and Australian). When they were playing endless toilet venues and open mic nights around the capital, they soon felt like outsiders in the notoriously white, male world of heavy music. 'We couldn't really see where we fit in,' Love says. 'We're like the only women on the bill, definitely the only Black people on the bill, or were at the time when we first started. And it would be like, well, we don't quite belong here but the audience are really receptive to us. And then we'd be like, we didn't really fit in the R&B hip-hop world, either.' Sign up to Inside Saturday The only way to get a look behind the scenes of the Saturday magazine. Sign up to get the inside story from our top writers as well as all the must-read articles and columns, delivered to your inbox every weekend. after newsletter promotion In 2021, they campaigned for the Mobos to add an alternative music genre to acknowledge the influence of Black rock'n'roll pioneers such as Sister Rosetta Tharpe and Little Richard. The committee listened and in 2022 added the best alternative music act award (the Nova Twins were nominated) and at this year's show they took to the stage with a blistering performance of Monsters that felt pointedly like a victory lap. Where communities don't exist for the Nova Twins, they are not afraid to stride in and demand space. As well as the Mobo campaign, they recently launched a scholarship for music education at London's ICMP (Institute of Contemporary Music Performance) – and get Love on the topic, she will speak passionately for hours about making room for rock in the mainstream. 'There's a huge audience [for rock] and so much love for it but for some reason, some gatekeepers feel like: 'Oh, that can't be on daytime TV,' like it's a swear word or something? Like, who said? And why? Instead, they'd rather put something they found on TikTok than a band that's spent like 10 fucking years honing their craft and musicianship on stage.' Waiting out there in Omeara is a crowd of diehard fans that is impossible to categorise – old headbangers, mani-pedi office workers, kawaii rockers; it runs the gamut. The show (part of the Brits Week War Child gigs) is a blistering hour of music from a band who are fighting for more for everyone. 'OK,' Love says, putting her hands out flat in front of her. 'If that doesn't exist, let's create it.' Parasites & Butterflies is released on 29 August on Marshall Records.

Strepsils maker Reckitt misses sales forecast on late flu season, but lower costs help
Strepsils maker Reckitt misses sales forecast on late flu season, but lower costs help

Yahoo

time07-03-2025

  • Business
  • Yahoo

Strepsils maker Reckitt misses sales forecast on late flu season, but lower costs help

By Richa Naidu LONDON (Reuters) -Britain's Reckitt Benckiser, the maker of Strepsils throat lozenges and Dettol cleaning products, missed expectations for fourth-quarter like-for-like net sales as a late flu and cold season dented demand for its over-the-counter medicines. The firm's shares, however, rebounded after an initial slide, rising as much as 3.5% as it reported lower fixed costs, which analysts said had come through faster than expected. Reckitt, whose products include Nurofen tablets, cold remedy Lemsip and Durex condoms, forecast full-year like-for-like net sales growth of 2% to 4%, and that it has so far this year seen a boost from sales in emerging markets India and China. The firm expects low-single digit sales growth in North America in the first quarter of the year, however, as U.S. pharmacies stock fewer products. "Pharmacies in the U.S. are under some pressure in terms of having less traffic," CEO Kris Licht told Reuters in an interview. "Other retailers, large retailers that we work with, are doing quite well." Reckitt has had a mixed year, with its stock falling sharply early on in 2024 over an internal investigation into its Middle Eastern business and its involvement in litigation surrounding an infant nutrition product made by its U.S.-based Mead Johnson business. A lawsuit had accused the company of failing to warn of the medical risks of some premature baby formulas, but a jury found in November Mead Johnson was not responsible for a young boy's debilitating intestinal disease. The company said in July it was considering options for the nutrition business and that it would offload a portfolio of homecare brands by the end of 2025, planning to refocus on healthcare and hygiene. Reckitt's fourth-quarter like-for-like net sales rose 4.6%, behind the 5.3% growth analysts had expected in a company-supplied poll. The company said sales from its hygiene business rose 5.5%, beating analysts' estimates of 4.1% growth. However, Reckitt sold fewer of its seasonal cold products during the quarter, and sales in its health unit rose only 2.4%. Analysts had expected growth of 6.9%. For the full year to December 31, Reckitt's operating profit rose 3% to 3.48 billion pounds ($4.49 billion). ($1 = 0.7753 pounds) Sign in to access your portfolio

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