Reckitt Benckiser is a U.K.-based global consumer goods manufacturer which has been trying to refocus its portfolio. It has some antibacterial brands which are selling well due to COVID-19 concerns. That assures it of a year of good results, if not more, which buys the management time and breathing space to implement their strategy. It's still too early to say how effective that strategy will be, and the shares don't look cheap.
Reckitt Had A Stellar Run But Then Stumbled
For many years under chief executive Mr. Becht, from 1995 to 2011, the company did