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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Double-digit price hikes help Heinz and Reckitt deliver sales jump

Reckitt Heinz Dettol United States Inflation Kraft Heinz
Dettol bottles in a shop
Reckitt, which makes Dettol, rose its prices by almost 10% in the three months to 30 June, while Kraft Heinz increased its by 12.4%. Photograph: Facundo Arrizabalaga/EPA

The ketchup and baked beans group Kraft Heinz and Reckitt Benckiser, the maker of Dettol, Nurofen and Strepsils, have both revealed they hiked prices by double digits in the spring and that this helped to drive better-than-expected sales.

Heinz said prices rose by 12.4% in the three months to 26 June, helping it deliver a 10% rise in sales despite a 2.3% drop in the number of items sold.

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