{"id":42737,"date":"2026-05-20T22:47:19","date_gmt":"2026-05-20T22:47:19","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/42737\/"},"modified":"2026-05-20T22:47:19","modified_gmt":"2026-05-20T22:47:19","slug":"reckitt-benckiser-warns-of-up-to-150m-cost-hit-from-iran-war-oil-prices","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/42737\/","title":{"rendered":"Reckitt Benckiser warns of up to \u00a3150m cost hit from Iran war oil prices"},"content":{"rendered":"<p class=\"mb-4 text-lg md:leading-8 break-words\">Consumer goods giant Reckitt Benckiser has cautioned that it faces a potential cost impact of up to \u00a3150 million should oil prices remain elevated amid the Iran conflict, warning that consumer spending would also take a hit.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The maker of Dettol and Durex said that if oil prices hold at 110 US dollars a barrel (\u00a381.33) throughout 2026, the group could be saddled with somewhere between \u00a3130 million and \u00a3150 million in additional costs.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><a href=\"https:\/\/uk.news.yahoo.com\/reckitt-benckiser-upgrades-revenue-outlook-123301424.html\" data-ylk=\"elm:link;elmt:article_link;slk:The company;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;The company&quot;}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">The company<\/a>, which has sites in Hull and Slough, described this as a &#8220;manageable level&#8221; that could be offset through measures including supply chain flexibility and pricing adjustments.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The group added: &#8220;While challenging to forecast, if commodity prices remain at significantly elevated levels throughout the year we would anticipate an impact on consumer demand as a result of pressure on household budgets.&#8221;<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Shares in the FTSE 100 company fell by more than 5% in early trading on Wednesday.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Reckitt posted revenues climbing 0.6% on a like-for-like basis in its first quarter, as price increases counterbalanced a 2% decline in sales volumes.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Its core business, excluding the Mead Johnson Nutrition division, saw growth decelerate sharply to 1.3% from 5.9% in the preceding three months, hampered by a subdued cold and flu season worldwide, tough trading conditions across Europe and disruption stemming from the Middle East conflict.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Despite this, Reckitt said it remains on course to meet its full-year guidance of like-for-like net sales growth of between 4% and 5%. The group cautioned that profit margins are forecast to fall in the first half of the year, partly as a result of the financial impact of the Iran war, though this is expected to be offset by a stronger performance in the second half.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Chief executive Kris Licht said: &#8220;We maintain our like-for-like net revenue guidance for 2026.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">&#8220;This will be driven by sequential growth from our market-leading Powerbrands, as the season resets and we continue to launch superior innovations including Mucinex 12-hour Cold and Fever, improved performance in Europe and continued strong growth across China, India and non-seasonal North America.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Consumer goods giant Reckitt Benckiser has cautioned that it faces a potential cost impact of up to \u00a3150&hellip;\n","protected":false},"author":2,"featured_media":42738,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21355],"tags":[7077,21664,21416,21527,5849,24,1449,21376],"class_list":["post-42737","post","type-post","status-publish","format-standard","has-post-thumbnail","category-reckitt-benckiser","tag-oil-prices","tag-benckiser","tag-commodity-prices","tag-consumer-goods","tag-consumer-spending","tag-iran","tag-iran-war","tag-reckitt-benckiser"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116609341381869055","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/42737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=42737"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/42737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/42738"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=42737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=42737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=42737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}