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Reckitt Boosts 2018 Guidance A Year After Gaining China Platform With MJN

This article was originally published in The Rose Sheet

Executive Summary

Reckitt reports infant formula sales in China drove a 9% pro-forma increase in its child nutrition segment in second quarter, prompting a revenue forecast on the higher end of a 2%-3% projection. Firm says new infant formula and VMS products, including an improved Move Free formula, will continue to strengthen the sector.

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