Previous Close | 7.50 |
Open | 7.45 |
Bid | 0.00 x N/A |
Ask | 8.05 x N/A |
Day's Range | 7.45 - 7.45 |
52 Week Range | 6.95 - 8.40 |
Volume | |
Avg. Volume | 23 |
Market Cap | 35.158B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 28.65 |
EPS (TTM) | 0.26 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.20 (2.61%) |
Ex-Dividend Date | Mar 14, 2024 |
1y Target Est | N/A |
Consumer healthcare company Haleon reported first-quarter revenue slightly below market estimates on Wednesday, as volumes declined due to retailer destocking in U.S. and cooling demand for some of its medicines after a surge last year. The maker of popular household products such as Sensodyne toothpaste and pain-reliever Panadol, had earlier said that the first three months of 2024 would be impacted by a softer cold and flu season and a slowdown in painkiller Advil's sales in Canada, following a surge in demand last year. Demand for medicines such as Contac and Fenbid, which benefited from pent-up demand in China last year after lockdown restrictions were lifted, have also cooled, impacting Haleon's quarterly sales growth.
The maker of popular household products such as Sensodyne toothpaste and pain-reliever Panadol, had earlier said that the first three months of 2024 would be impacted by a softer cold and flu season and a slowdown in painkiller Advil's sales in Canada, following a surge in demand last year. Demand for medicines such as Contac and Fenbid, which benefited from pent-up demand in China last year after lockdown restrictions were lifted, have also cooled, impacting Haleon's quarterly sales growth. On a reported basis, revenue was down 2.2% on last year.
The consumer healthcare group is aiming to close the site on a phased basis over the next two years.