Please use Chrome browser for a more accessible video playerNevertheless, RB raised its full-year net revenue outlook to a low double digit increase.RB told investors that its investment plans, including ramping up production in surface disinfectants, were on track.
"The strong momentum in the first half has continued in Q3 and we are on track to deliver low double digit like-for-like net revenue growth for the full year." Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said of the performanced:"Our pursuit of cleanliness during the pandemic has been hugely beneficial for the group, and the signs are that the crisis is leading to a longer term behaviour shift with consumers demanding reassurance that workplaces, shops and public transport are germ free.
"The company has sold into 19 new markets in 2020 alone and now has upgraded revenue growth to be in the low double digits for the year, compared to previous forecasts of high single digits."
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