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Impact of Input Prices
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RB Press release - 19/10/2004
Impact of Input Prices
Introducing the conference call for Reckitt Benckiser's Q3 results today, Bart Becht, Chief Executive Officer, will make the following additional remarks relating to the outlook for 2005: -
"Taking account of current prices for commodities such as oil, pulp and steel, the Company believes that it is on course to increase operating margins in 2005. The Company intends to offset increases in input costs through its cost optimisation programs, improving product mix due to successful product innovation, and further leveraging its tightly controlled fixed cost base. Reckitt Benckiser consequently confirms that it is fully on course to achieve its target of at least a 20% operating margin for the full year 2006."
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