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Reckitt lowers annual revenue growth guidance on struggles in North America
LONDON, Oct 27 (Reuters) - Dettol maker Reckitt lowered its annual revenue forecast on Tuesday and reported revenue growth below analyst expectations in the third quarter, hampered by a challenging consumer environment and manufacturing constraints in its North America market.
The company, which makes Durex condoms and Lysol cleaning products, reported like-for-like net revenue growth of 3.3% in its core business for the quarter ended September 30, compared with a 3.6% forecast by analysts in a company-compiled poll.
(Reporting by Alexander Marrow; Editing by Emelia Sithole-Matarise)
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