Reckitt posts 11.9% rise in quarterly like-for-like sales, beating expectations

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LONDON (Reuters) – Britain’s Reckitt Benckiser, maker of Dettol and Lysol cleaning products, on Wednesday beat second-quarter sales expectations after raising prices to make up for soaring input costs.

The company said quarterly like-for-like revenue rose 11.9%, on a constant currency basis, ahead of the 6.8% growth analysts had expected in a company-supplied poll.