Reckitt (GB:RKT) has released an update.
Reckitt Benckiser Group has announced that a tornado damaged its third party warehouse in Mount Vernon, Indiana, which is crucial for the Mead Johnson Nutrition business. The company confirmed the safety of all employees and is working to minimize disruption to sales by redirecting deliveries and leveraging its global supply chain. Reckitt also reassured stakeholders that its comprehensive insurance is likely to largely mitigate the financial impact of the incident.
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