* To split into health and hygiene/home business units
* Cuts year sales outlook to flat from 2 pct growth
* Q3 like for like sales down 1 pct, miss estimates
(Adds comment by analyst, share price move)
By Martinne Geller
LONDON, Oct 18 (Reuters) – Reckitt Benckiser has
decided to split its business into two units – consumer
healthcare and home and hygiene products – the British consumer
goods company said on Wednesday, after warning that there would
be no growth in sales this year.
The maker of a wide range of products, including Durex
condoms and Lysol disinfectants, is on track for
uncharacteristically poor results this year and has blamed
slowing markets, changing consumer habits, a cyber attack, a
…
Read the full article at: http://www.businessinsider.com/r-update-2-reckitt-to-restructure-after-sales-growth-evaporates-2017-10