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Article: Strong price boosts Reckitt Benckiser; Taking Stock SHARE WATCH.(Business)
- Article from:
- The Journal (Newcastle, England)
- Article date:
- October 20, 2008
CopyrightCOPYRIGHT 2008 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FOLLOWING the better than expected interim results we are retaining the Buy recommendation on Reckitt Benckiser.
We believe that Reckitt Benckiser will continue to deliver strong underlying operating profits growth from its core business with earnings enhanced by the acquisition of Adams Respiratory Therapeutics in 2008. This deal is positive for the group and should improve the long-term ...