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Full-year results from Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) come four months from its last update, in which time rival Unilever reported a squeeze on margins due to input cost inflation. The October update from the maker of everything from Durex condoms and Clearasil spot creams, to Air Wick fresheners and Nutramigen infant formula, revealed slower sales growth but continued confidence that it would be able to pass on all cost hikes to consumers for the rest of the year.
Proactive Investors 2023 Feb 24