FMCG giants report growth

GlaxoSmithKline (GSK), the owner of the Aquafresh and Beechams brands and Reckitt Benckiser (RB), owner of the Air Wick and Nurofen brands have both reported increased third quarter sales.

GlaxoSmithKline

GSK posted a 15% rise in sales to £6.67bn in the three months to 30 September, boosted by consumer healthcare and sales of swine flu products.

The company’s over-the counter, oral healthcare and nutritional healthcare products grew 9%, 10% and 4% respectively.

Andrew Witty, chief executive of GSK, says the performance of consumer healthcare is “especially impressive” as the global market only grew 1.5%.

The UK based drug manufacturer expects to see further growth in the next quarter including significant growth in sales of its influenza products including swine flu vaccine, Relenza.

Yesterday, Reckitt Benckiser reported that sales climbed 15% to £1.9bn driven by “significant” investment in media, marketing and new products.

The company says media spend dropped 5% as a result of lower rates, and savings were invested into other marketing activities, driving total marketing spend up.

Revenue in health and personal care brands rose 14%, with brands including Dettol, Nurofen and Gaviscon delivering “excellent” growth.

Latest from Marketing Week

Marketoonist on PowerPoint pitches

The Marketoonist

Tom Fishburne is founder of Marketoon Studios. Follow his work at marketoonist.com or on Twitter @tomfishburne See more of the Marketoonist here Tom Fishburne will be speaking at the Festival of Marketing, which is taking place on 4 and 5 October at Tobacco Dock. To find out more information, including how to book tickets, visit […]

PLEASE SIGN IN OR REGISTER. IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and inspiration that will help you develop as a marketer and leader.

Register and receive the best content from the only title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work, so we can make Marketing Week more relevant to you.

Register now

THE BEST CONTENT

Our award winning editorial team and columnists will ask the biggest questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we will be your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Dedicated to developing your skills and helping you achieve marketing excellence. Find guidance on leadership, professional development and the latest industry jobs.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here