Haleon Says Revenue Growth Accelerated at End of Last Year [BNN Bloomberg (Canada)]
Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN)
Company Research
Source: BNN Bloomberg
The consumer-health company spun off by GSK Plc expects organic growth between 4% and 6%. Analysts anticipate gains of 4.4%, according to estimates compiled by Bloomberg. The maker of Sensodyne toothpaste, Centrum vitamins and Panadol tablets has worked to cut costs and pare down its portfolio since the split from GSK in 2022. Haleon agreed in January to sell its ChapStick lip balms to Suave Brands. Other consumer-goods companies with health products such as Reckitt Benckiser Plc and Nestle SA have reported disappointing results in recent weeks. Reckitt, which sells Panadol rival Nurofen, noted a weaker market for cold and flu medicines on Wednesday. Haleon Chief Executive Officer Brian McNamara expects “the operating environment to remain challenging” this year, he said in a statement Thursday. GSK has been gradually selling off its stake in Haleon, raising £978 million ($1.2 billion) in the latest sale. --With assistance from Dasha Afanasieva. ©2024 Bloomberg L.P.
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High impacting Haleon plc American Depositary Shares (Each representing two Ordinary Shares) news events
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News
- Haleon's first-quarter revenue misses expectations [Reuters]Reuters
- Haleon to Shut UK Factory and Move Toothpaste-Making to Slovakia [BNN Bloomberg (Canada)]BNN Bloomberg
- Sensodyne-maker Haleon to shut UK manufacturing site, with more than 400 jobs hit [Reuters]Reuters
- Why many top CFOs faced with cost cutting choose to lead by example: ‘It usually starts at home' [Fortune]Fortune
- Haleon names Dawn Allen as CFO [Reuters]Reuters
HLN
Sec Filings
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- 4/24/24 - Form 6-K
- HLN's page on the SEC website