Consumer goods giant Reckitt Benckiser isn’t exactly in limbo, even as it awaits a new chief executive.
The maker of Lysol and Clearasil posted solid results on Wednesday that should reassure investors it is on track. Comparable sales rose 6.2% from a year earlier in the fourth quarter of 2022, slightly better than analyst expectations. Margins were also strong, with adjusted operating profit margin for the full year up nearly a percentage point to 23.8%. Reckitt shares were up about 1.5% in London afternoon trading.
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