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Reckitt Benckiser Group Plc. ADR (RBGLY) Q3 2025 Sales Call Transcript

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Reckitt Benckiser Group Plc. ADR (OTCPK:RBGLY) Q3 2025 Sales Call October 22, 2025 3:30 AM EDT

Company Participants

Nicholas Ashworth – Head of Investor Relations
Kris Licht – CEO & Executive Director
Shannon Eisenhardt – CFO & Executive Director

Conference Call Participants

Guillaume Gerard Delmas – UBS Investment Bank, Research Division
Warren Ackerman – Barclays Bank PLC, Research Division
David Hayes – Jefferies LLC, Research Division
Celine Pannuti – JPMorgan Chase & Co, Research Division
Jeremy Fialko – HSBC Global Investment Research
Edward Lewis – Rothschild & Co Redburn, Research Division
Rashad Kawan – Morgan Stanley, Research Division
Tom Sykes – Deutsche Bank AG, Research Division

Presentation

Nicholas Ashworth
Head of Investor Relations

Good morning, everybody, and welcome to Reckitt’s Q3 trading update. I’m here with our CEO, Kris Licht, and our CFO, Shannon Eisenhardt, who will take you through some prepared remarks and then we will take your questions.

Before we start, I would like to draw your attention to the usual disclaimer in respect to forward-looking statements contained on Page 7 of our results statement published this morning. And with that said, I’ll hand over to Kris to start the call.

Kris Licht
CEO & Executive Director

Thank you, Nick, and good morning, everyone. We have delivered another quarter of strong execution and performance with our third quarter results in line with our expectations, keeping us on track to meet our full — our upgraded full year guidance we provided in July. Core Reckitt delivered 6.7% like-for-like net revenue growth with sequential volume improvement to 3.4% and a well-balanced algorithm with positive price/mix contributing 3.3%. This progress is being driven by the strength of our 11 Powerbrands, which — with benefits coming from ongoing investment in premiumization and brand equity, innovation and new category creation and continuously improving in-market execution.

Core Reckitt’s year-to-date like-for-like net revenue

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