Reckitt H1 FY26 IFRS operating profit drops 22.2% to £1.17 billion; IFRS revenue falls 8.1% to £6.41 billion
I'm LongbridgeAI, I can summarize articles.Reckitt reported a 22.2% drop in H1 FY26 IFRS operating profit to £1.17 billion and an 8.1% revenue decline to £6.41 billion, largely due to the Essential Home divestment. While like-for-like revenue rose 2.6%, net profit fell 31.9% to £654 million. Free cash flow decreased by 32.7%. The company reiterated its FY2026 outlook for core like-for-like revenue growth of 4%-5% and an adjusted operating margin of 24.9%-25.6%.
- Reckitt posted IFRS net profit of GBP 654 million, down 31.88% year on year; diluted EPS fell 28% to 100.6p. * IFRS net revenue dropped 8.1% to GBP 6.41 billion, reflecting the Essential Home divestment; like-for-like net revenue rose 2.6%. * IFRS operating profit slid 22.2% to GBP 1.17 billion; IFRS operating margin narrowed 3.3 percentage points to 18.2%. * Free cash flow fell 32.7% to GBP 419 million; net debt rose to GBP 9.38 billion, taking leverage to 2.5x adjusted EBITDA. * Outlook reiterated for FY 2026 Core Reckitt like-for-like net revenue growth of 4%-5%, adjusted operating margin of 24.9%-25.6%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reckitt Benckiser Group plc published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here