The company has decided to split its business into two units - consumer healthcare and home and hygiene products
LONDON (Reuters) - Reckitt Benckiser has decided to split its business into two units - consumer healthcare and home and hygiene products - the British consumer goods company said on Wednesday, after warning that there would be no growth in sales this year.
The maker of a wide range of products, including Durex condoms and Lysol disinfectants, is on track for uncharacteristically poor results this year and has blamed slowing markets, changing consumer habits, a cyber attack, a failed product launch and a safety scandal in South Korea.
Reckitt said to help boost performance it would operate from two business units from the start of 2018.
