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Infant Formula Production Stalls On Reckitt Benckiser's Latest Stumble

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    Newsletter

  • 3 Pages
  • May 2024
  • Region: Global
  • Citeline
  • ID: 4775374
UK firm Reckitt Benckiser suffered a dip in revenue from its Enfamil and other infant formula brands, thanks to “technical problems” that interrupted production during the third quarter of 2018. Company officials declined to provide more specifics on the cause, describing it only as a “technical engineering issue”. This latest, undefined issue is the fourth time since 2011 that a problem has plagued Reckitt Benckiser’s production, and it is raising the alarm among some industry anal. Find out how investors are reacting to the firms latest production difficulties in this illuminating article from Rose Sheet.