Get to know your Offshore companies: RECKITT BENCKISER GROUP PLC (LSE:RB)

Reckitt Benckiser recently released its FY2019 results and 1Q2020 trading update. Net revenue for FY2019 of £12.8bn was reported, up by 0.8%. Group revenue grew by 13.3% during 1Q2020, attributed to strong demand for the company’s hygiene and health products and a weaker 1Q2019. An operating loss of £1.96bn was reported for FY2019 (FY2018: operating profit of £3.06bn), and the adjusted operating margin was down 50bps, to 26.2%.

The reported loss per share (diluted) for FY2019 was 519.7 pence and the group had declared a total dividend for FY2019 of 174.6 pence per share.

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