Tornado damage to Mount Vernon, Indiana Warehouse
RECKITT BENCKISER GROUP PLC
Mead Johnson Nutrition; Tornado damage to Mount Vernon, Indiana warehouse
Reckitt Benckiser Group plc ('Reckitt') reports that on Tuesday, 9 July 2024, a tornado struck its Mount Vernon, Indiana USA third party warehouse which sustained significant damage. We confirm that all employees are safe and express our deepest sympathy for those in the community who have been affected by the tornado.
The Mount Vernon warehouse is an important site for the Mead Johnson Nutrition business, containing a mix of raw materials and finished products. We first gained partial access to the facility on Saturday, 13 July and the warehouse is currently not operational. We have diverted all inbound deliveries to our other warehousing facilities in the US.
Whilst Nutrition sales will likely be affected in the short term, we are working closely with all our stakeholders including customers and suppliers, to minimise disruption, by leveraging our global supply chain and managing inventory at our other North American Nutrition warehouses and held by our retail partners. Additionally, Reckitt holds comprehensive property damage and business interruption insurance, which we currently expect will largely offset the impact on earnings.
We will provide a further update at our half year results on 24th July.
CONTACT DETAILS:
Contacts
Catheryn O'Rourke +44 (0) 1753 217 800
General Counsel & Company Secretary
Richard Joyce +44 (0)7807 418516
Investor Relations
About Reckitt:
Reckitt* exists to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We believe that access to the highest-quality hygiene, wellness and nourishment is a right, not a privilege.
Reckitt is the company behind some of the world's most recognisable and trusted consumer brands in hygiene, health and nutrition, including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, Woolite and more.
Every day, more than 20 million Reckitt products are bought globally. We always put consumers and people first, seek out new opportunities, strive for excellence in all that we do and build shared success with all our partners. We aim to do the right thing, always.
We are a diverse global team of c. 40,000 colleagues. We draw on our collective energy to meet our ambitions of purpose-led brands, a healthier planet and a fairer society. Find out more, or get in touch with us at www.reckitt.com
* Reckitt is the trading name of the Reckitt Benckiser group of companies
Reckitt Benckiser Group plc's LEI code is 5493003JFSMOJG48V108
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