Improved Dividends Likely at Reckitt as Cost Savings Bear Fruit ; THE WEEK AHEAD
Foley, Stephen, The Independent (London, England)
RECKITT BENCKISER, the maker of Finish dishwasher powder and Vanish soap, is likely to promise improved dividends for the first time since the company was created through a giant merger in 1999.
The company is starting to throw off cash now that the integration of Reckitt & Colman with Benckiser has been completed and cost-savings programmes have borne fruit. Bart Brecht, the chief executive, may also signal share buybacks or acquisition ambitions, and he is sure to be asked if he is still in the running to buy SSL International, the British company that makes Durex condoms.
Reckitt had some disappointing news on trading in North America last time out, sparking …
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Publication information: Article title: Improved Dividends Likely at Reckitt as Cost Savings Bear Fruit ; THE WEEK AHEAD. Contributors: Foley, Stephen - Author. Newspaper title: The Independent (London, England). Publication date: August 26, 2003. Page number: 18. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.
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