38.89BMarket Cap19.26P/E (TTM)
57.084High54.014Low1.55KVolume57.084Open54.526Pre Close86.42KTurnover0.00%Turnover Ratio19.26P/E (Static)705.57MShares80.82952wk High3.70P/B38.89BFloat Cap50.76052wk Low2.38Dividend TTM705.57MShs Float93.963Historical High4.32%Div YieldTTM5.63%Amplitude50.760Historical Low55.716Avg Price1Lot Size
RECKITT BENCKISER GROUP PLC Stock Forum
Introducing a new CEO
Following a statement issued by the founder, Howard Schultz, announced that the CEO of $RECKITT BENCKISER GROUP PLC(RBGPF.US)$, Laxman Narasimhan would be working with a c...
Everyday Power- The parent company of Durex said it would raise prices to offset inflation
$NESTLE SA(NSRGF.US)$, the manufacturer of KitKat and Nescafe, has warned that rising manufacturing costs would force it to raise prices. Nestle announced that it has already increased prices by 3.1 percent in the fourth quarter of its fiscal year.
The food group's CEO, Mark Schneider, predicted that prices will rise this year, saying it was a "safe assumption."
$RECKITT BENCKISER GROUP PLC(RBGPF.US)$, the parent company of Durex and Dettol, announced it will increase prices to meet raising operating expenses.
Reckitt CEO Laxman Narasimhan said, "In 2022, we will use appropriate price and net revenue growth management initiatives to mitigate these headwinds and will continue to execute on our excellent efficiency program."
Is inflation affecting the aforementioned firms' share prices in addition to raising their operational costs? Or does it have an impact amlost whole markets?
[Everyday Power]
1. Inflation is a quantitative measure of how much the average price of a basket of selected goods and services in an economy has risen over time.
2. The most commonly used inflation indexes are the Consumer Price Index (CPI)
3. Inflation can be contrued as either a good or a bad thing, depending upon which side one takes.
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