Annual Report 2024

2024 annual report

Powerbrands with impact

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Key Highlights

  • +1.4%like-for-like

    net revenue growth1

  • 24.5%adjusted

    operating margin1

  • 34.9%net revenue

    from more sustainable products1

1 Adjusted and other non-GAAP measures, definitions and terms are defined on page 223.

Our top-line growth was driven by the strength of the 11 Powerbrands at the heart of Core Reckitt.  There is more to do, but we have made real progress and we have built a stronger foundation for growth.

Kris Licht

Chief Executive Officer

Business performance

  • -3.0%IFRS

    net revenue growth

  • 17.1%IFRS

    operating margin4

  • 349.0pAdjusted

    total EPS diluted1

  • 203.2pIFRS

    total EPS diluted4

  • 202.1pFull-year

    dividend

  • £2.7bnCash

    returned to shareholders

  • +7.9%Adjusted earnings

    per share growth1

  • +75%Cash

    return to shareholders1

1. Adjusted and other non-GAAP measures, definitions and terms are defined on page 223

2. Since 2015

3. Cumulative since 2020

4. IFRS operating margin and EPS are impacted mainly by an intangible asset impairment charge and restructuring costs, see page 226 for more details

Social and environmental impact

  • 69%Reduction in

    absolute greenhouse gas (GHG) emissions from operations2

  • £34mnSocial impact

    investments

  • £29mnPeople

    positively impacted by our social impact investments (cumulative since 2020)3

1. Adjusted and other non-GAAP measures, definitions and terms are defined on page 223

2. Since 2015

3. Cumulative since 2020

4. IFRS operating margin and EPS are impacted mainly by an intangible asset impairment charge and restructuring costs, see page 226 for more details

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