Earnings release
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28 April 2021 reckitt @ RECKITT ( RKT.L ) GOOD START TO THE YEAR - OUTLOOK UNCHANGED Q1 2021 £ m LFL1 FX Reported Hygiene Health Nutrition 1,641 + 28.5 % -7.4 % + 21.1 % 1,123 -13.0 % -3.4 % -16.4 % 742 -7.4 % -4.9 % -12.3 % Total net revenue 3,506 + 4.1 % -5.2 % -1.1 % 1 Non - GAAP measures are defined on page 7 Highlights : * Group like - for - like ( ' LFL ' ) net revenue growth of + 4.1 % : driven by a focus on execution , continued investment and strong demand for our brands * * * * * * * * Hygiene LFL growth of + 28.5 % : led by very strong demand and white space expansion for Lysol , with double - digit growth in Finish , Air Wick and across most regions Health LFL decline of -13.0 % : lower demand for cold and flu relief products , and reflecting significant pantry loading in Q1 2020 ; strong growth in sexual wellbeing and Gaviscon Nutrition LFL decline of -7.4 % : reflecting US IFCN pantry loading in the comparative period , and ongoing difficult market conditions in Greater China , particularly Hong Kong Continued successful execution against our four growth drivers : increased penetration , market share gains , new places and new spaces eCommerce : sales increased by 24 % , to 13 % of Group net revenue , as result of increased investment China IFCN : strategic review is progressing well ; an update will be provided when appropriate New corporate brand launched , building on Reckitt's 200 - year heritage 2030 Sustainability road map released : targets include a 50 % reduction in our carbon footprint and 50 % of net revenue from more sustainable products by 2030 , backed by £ 1bn investment over the next ten years Outlook : * At this early stage in the year , our outlook for 2021 is unchanged and we remain on track to achieve our medium - term goals