Reckitt sees sales slide after £100m tornado hit to baby formula

Household goods giant Reckitt Benckiser has revealed falling third-quarter revenues after a £100m hit to Mead Johnson baby formula powder sales following tornado damage to a key warehouse in the US (Alamy/PA) -

Household goods giant Reckitt Benckiser has revealed falling third-quarter revenues after a £100 million hit to Mead Johnson baby formula powder sales following tornado damage to a key warehouse in the US.

The Nurofen-to-Dettol maker said like-for-like net revenues fell 0.5% in its third quarter, dragged lower by a 17.4% tumble in sales at its nutrition division due to the tornado impact.