Reckitt Benckiser Share Discussion Threads

[cambium] 26/4/2007 17:00

astonishing, wait for the upgrades

[dasv] 26/4/2007 16:46

fantastic figures released today:-

Reckitt Benckiser Q1 pretax profit up 58 pct; raises FY targets UPDATE




(Adds detail from statement)
LONDON (Thomson Financial) - Reckitt Benckiser PLC said its first-quarter pretax profit rose 58 pct to 236 mln stg on actual exchange basis and raised its earnings and revenue targets for 2007.

The maker of household cleaning goods said net profit was 179 mln stg, up 63 pct on actual exchange basis and 36 pct on constant exchange basis.

Its total net revenues rose 8 pct to 1.26 bln stg, and underlying net revenues rose went up to 1.12 bln stg from 1.09 bln stg.

'Reckitt Benckiser had an excellent first quarter with very good growth on both the base business (10 pct like-for-like) and the BHI business acquired in early 2006,' chief executive Bart Becht said.

Growth has come across all geographies and all categories, supported by further increases in marketing investment, Becht added.

It said BHI synergies contributed around 13 mln stg additional profit and net revenues of 139 mln stg in the quarter.

Based on these strong results and momentum, it raised its 2007 net income growth forecast from low double digits to mid teens percentage and net revenue growth from at least 6 pct to between 7 pct and 8 pct at constant exchange.

[dasv] 10/4/2007 10:40

I like this stock. I've held for years and will continue to hold.

It's more resistant to downturns than most - it's a defensive play, however it's also had spectacular growth. The sort of share which doesn't sound that exciting but turns out to be a really intelligent choice.

[nephie] 08/4/2007 14:46

Spray on the Reckitt magic

We last tipped Reckitt Benckiser (£26.62), the household product manufacturer, in August 2002 when shares were trading at £11.07. Needless to say, we are fairly pleased with the company's meteoric share price performance over the last five years. We would encourage readers to keep buying.

The company, which makes the Cillit Bang and Vanish products, remains fiercely innovative and two months ago said that it had exceeded its sales and earnings targets for 2006. This would be reason to invest in the stock alone, but there is another factor that we think is important.

Global stock markets remain volatile and Reckitt is a prime defensive play. Its pre-tax profit growth has been steady and solid, and its turnover is slowly creeping up as it enters new markets and develops its brands in existing ones. Under Bart Becht, its quiet yet steely chief executive, Reckitt has a management team that is 100 per cent focused on its task. In these volatile markets, such a cautious and steady approach is an asset.

With a price earnings ratio of 21 times, the stock is not cheap. And at 2 per cent its dividend yield is not huge. But of 16 analysts that cover Reckitt, 10 have a buy recommendation, five have a hold and only one has a sell. Keep buying.

[cambium] 04/4/2007 13:51

Reckitt Benckiser 2,664 up 3
Sanford Bernstein top pick

[peter119] 02/4/2007 19:27

any followers out there.comments,seriously looking at stock,just a little
cautious,awaiting summer ftse blues.

[batman9] 26/2/2007 10:16

Up she goes - over £27 now and still climbing.

[bozo22] 09/2/2007 19:56

Here we are now in 2007 and the share price has climbed through £26! With continued share buy back and growth a firm objective for the whole of RB's leading Core brands the share price will just keep going north. Just keep accumulating the shares the city loves RB. It continues to market its global products to strict marketing formulas which really work across all country markets.

[batman9] 08/2/2007 11:07

Major investors include JAB Investments with about 15.4%, Legal & General at 3.2% and MFS Investment Management with about 3.1%.

Merrill Lynch cited Reckitt Benckiser's organic sales growth and profit margins
to upgrade the stock to buy. Collins Stewart repeated its buy stance and raised its price target to £28.40.

'The reported numbers for 2006 are stronger than the market expected,' Collins Stewart wrote, adding 'synergy realisation is on target and the business is in predictably robust health'.

[Abuse team] 08/2/2007 11:02

Post removed by ADVFN

[miata] 08/2/2007 10:42

Thats some target.

[batman9] 08/2/2007 09:39

Up she goes - over £26 now and still climbing.
Profits up 26% - div up 17%.
You are doing a grand job Bart Becht.

[0ligarch] 08/2/2007 08:52

4% up and no-one has anything to say!

[a4] 08/1/2007 16:44

Absolutely brilliant call, even if i say so myself

[miata] 05/1/2007 18:38

With a relatively high PE Ratio of 26.7 and relatively low yield of 1.59% not very much higher methinks.

Nevertheless it has risen for each of the last 7 option months.

[a4] 05/1/2007 18:14

How high can it go ?. Massively short from today

[miata] 05/1/2007 12:59

This is one of ABN Amro's preferred picks.

[batman9] 23/10/2006 18:12

Panmure Gordon has upgraded its rating for Reckitt Benckiser to buy from hold, raising target to £24.50 from £20.70.

[batman9] 23/10/2006 18:12

Panmure Gordon has upgraded its rating for Reckitt Benckiser to buy from hold, raising target to £24.50 from £20.70.

[batman9] 23/10/2006 18:08

Lehman Bros has an overweight and £25 target for Reckitt Benckiser,

[batman9] 23/10/2006 18:08

Lehman Bros has an overweight and £25 target for Reckitt Benckiser,

[elsworth] 06/9/2006 19:24

Shorting time again!!!!!!!!!!!

[chairman2] 08/8/2006 19:50

Shorters have you run for cover yet?