Newly appointed Reckitt Benckiser chief executive Laxman Narasimhan is enjoying the benefits of the honeymoon period enjoyed by incoming CEOs by making big decisions early in his tenure, a leading analyst has said.
AJ Bell investment director Russ Mould was commenting following the publication of Reckitt Benckiser's third quarter results, which saw the business post like-for-like growth of 1.6% for the period, however volumes were down 1%, while its Health division also saw declines.