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Reckitt CEO Focuses on Health, Looking Beyond Worst Year

  • Home, health units separated after second sales-forecast cut
  • Company cites lackluster demand for cold remedies, foot care
Rakesh Kapoor, chief executive officer of Reckitt Benckiser Group Plc. Photographer: Chris Ratcliffe/Bloomberg

Rakesh Kapoor, chief executive officer of Reckitt Benckiser Group Plc. Photographer: Chris Ratcliffe/Bloomberg

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Reckitt Benckiser Group Plc separated its home-care and health businesses, sharpening its focus on brands such as Durex condoms and Enfamil baby formula after a second cut in the sales forecast this year.

The Slough, England-based company’s move to create two autonomous units could lay the groundwork for a broader strategic shift, or even a sale of the household business. It followed a quarterly revenue decline as the company tallies the fallout from a cyberattack, lackluster demand for new products and other woes.