Global. Reckitt Benckiser cut its full-year sales forecast after another decline in quarterly sales. The company continues to struggle with fallout from a cyber attack, a failed product launch and a safety scandal in South Korea.

Reckitt cuts full-year outlook after Q3 sales fall 18 October 2017 Reuters News LONDON, Oct 18 (Reuters) - Reckitt Benckiser cut its full-year sales forecast on Wednesday after another decline in quarterly sales, as the British consumer goods maker continues to struggle with fallout from a cyber attack, a failed product launch and a safety scandal in South Korea. The maker of Durex condoms, Nurofen tablets and Lysol disinfectants said it planned to restructure its business. Reckitt said third-quarter sales were 3.21 billion pounds ($4.23 billion), down 1 percent on a like-for-like basis. That fell short of analysts' average estimate of 0.6 percent growth, a company-supplied consensus showed, and in line with a decline of 1 percent for the first half. The company said it was now targeting flat like=for=like sales for the full year, down from its previous target for growth of 2 percent. ($1 = 0.7588 pounds) (Reporting by Martinne Geller; editing by Jason Neely) Released: 2017-10-18T07:18:01.000Z