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Stock impact report

Haleon's weaker sales make mid-term targets 'not look credible' [Yahoo! Finance]

Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN) 
Company Research Source: Yahoo! Finance
Haleon's weaker sales make mid-term targets 'not look credible' Proactive uses images sourced from Shutterstock Haleon PLC faces a familiar market dilemma after solid profit delivery was overshadowed by weaker than expected sales growth and cautious guidance. Fourth quarter organic growth of 2.1% disappointed, said Deutsche Bank, with misses in EMEA, Latin America and Asia Pacific, while North America was still down 1.0% like for like. Oral Care grew 9.3%, but Respiratory fell 4.6% and other categories were subdued. Second half reported EBIT beat consensus by 2.4% and earnings per share by 3.4%, helped by cost control. For 2026, Haleon is guiding to 3-5% organic revenue growth and high single-digit constant currency EBIT growth. However, Deutsche points out that the 3-5% sales range is below the group's longer-term algorithm and makes its 4-6% medium term target "not look credible", particularly after a year of destocking in the drug channel. Shares in Haleon fell over Show less Read more
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