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Reckitt is ‘delivering sustainable growth’. Not as boring as you think...

By Chris Bailey of Financial Orbit | Friday 24 September 2021


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


How many Reckitt (RKT) products have you used this year? I would image we all have at least used one out of the antiseptic brand Dettol, the analgesic Disprin, the sore throat medicine Strepsils, the hair removal brand Veet, the immune support supplement Airborne, the indigestion remedy Gaviscon, the baby food brand Mead Johnson, the air freshener Air Wick or Calgon, Clearasil, Cillit Bang, Durex, Lysol, Mycil, Enfamil, Nutramigen and Vanish.  I first bought the stock just shy of £60 a share earlier this year and then  as discussed here in late July  doubled my position after a share price fall.  Currently I am sitting at a small overall profit and have picked up some dividends on the way but how do I feel about the 96 page ‘delivering sustainable growth’ presentation yesterday?

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