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Reckitt share price hampered by sale of essential home business


By Michael Griffiths

Shares in Reckitt fell by more than 6% after the consumer goods group reported a 7% decline to net revenue in its essential home business.

The group put this division, which includes brands such as Cillit Bang and Air Wick, up for sale last summer. Today, it reported a fall in revenue across the division in the first quarter to £482m on a like-for-like (LFL) basis, in a Q1 trading statement


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AJ Bell announces new record AUA

AJ Bell increased its assets under administration (AUA) to a record £90.4bn in its second quarter, a figure up 13% on last year

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Foxtons sales revenue jumps 73% in Q1

Sales revenue at Foxtons has increased by 73% year-on-year in the first quarter of its 2025 financial year, reaching £16.4m

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Croda maintains outlook after 8% sales boost

Croda International has reported an 8% jump in Q1 sales to £442m, after posting growth in all three of its life sciences, consumer care and industrial specialities divisions

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THG rejects Myprotein acquisition offer from Selkirk

THG has turned down a "wholly unsolicited, largely underfunded" acquisition offer for Myprotein by Selkirk

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DCC sells healthcare division to HealthCo

DCC has announced the sale of its healthcare division to HealthCo Investment Limited on a cash-free, debt-free basis

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ITM Power increases revenue guidance by 30%

ITM Power has raised its revenue guidance for the 2025 financial year by 30%, taking its range to between £25.5m and £26.5m

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Admiral sells US motor insurance business to private investment firm

Admiral Group has agreed a deal to sell its US motor insurance business to J.C. Flowers & Co. for an undisclosed sum

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Evelyn Partners appoints new CFO

Evelyn Partners has announced the appointment Alex Gersh as its new chief financial officer (CFO)

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Barclays agrees deal with Brookfield for payments business

Barclays has reached an agreement with Brookfield Asset Management that will see the bank offload its payments business.

Under the terms of the deal, the pair will work to create a standalone entity “over time”, Barclays said

Sainsbury's delivers ‘sweet set' of results

Sainsbury's has recorded a 3.1% annual increase in retail sales to £31.6bn, which was described by one analyst as a "sweet set of full-year results"
Deliveroo revenue jumps 7% in Q1

Deliveroo has recorded a 7% year-on-year revenue increase in its first quarter, reaching £518m
Dunelm enjoys Q3 sales boost

Dunelm has reported a 6.3% jump in sales to £462m in its Q3 results, after recording growth in both its homewares and furniture categories


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