Reckitt Benckiser Group PLC (OTCPK:RBGLY)
$ 12.38 -0.01 (-0.08%) Market Cap: 42.69 Bil Enterprise Value: 52.98 Bil PE Ratio: 21.97 PB Ratio: 4.13 GF Score: 73/100

Reckitt Benckiser Group PLC at Barclays Global Consumer Staples Conference (Virtual) - Fireside Chat with Laxman Narasimhan and Jeff Carr Transcript

Sep 10, 2020 / 02:00PM GMT
Release Date Price: $19.34 (-1.20%)
Iain Edward Simpson
Barclays Bank PLC, Research Division - Analyst

It's been a busy last year or so for RB. We've seen significant management change, a margin reset and turnaround strategy and then a sizable COVID-19-driven uplift in demand for certain products. We're delighted today to be joined by RB's CEO, Laxman, who started just over a year ago; and CFO, Jeff, who started 6 months ago.

Questions & Answers

Iain Edward Simpson
Barclays Bank PLC, Research Division - Analyst

So first question to you, Laxman, if that's okay. Back in February, you told us your strategic priorities for RB, you diagnosed the recent performance issues as executional, not structural. And set out an investment plan to return RB to outperformance. Clearly, a lot's happened since then. How do you feel about the progress that RB is making on the strategic turnaround? What are the key milestones we should be looking out for over the coming years?

Laxman Narasimhan
Reckitt Benckiser Group plc - Group CEO & Executive Director

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