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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/reckitt-boosted-by-emerging-markets.jpg"><img class="alignnone size-full" title="Gaviscon owner Reckitt Benckiser announced a 13 per cent hike in annual profits" src="http://londonglossy.com/wp-content/uploads/2011/02/min-reckitt-boosted-by-emerging-markets.jpg" alt="Gaviscon owner Reckitt Benckiser announced a 13 per cent hike in annual profits"/></a></p>
<p>Cillit Bang-to-Dettol group Reckitt Benckiser has shrugged off declining global markets with a 13% hike in 2010 annual profits.</p>
<p>Strong growth in developing markets helped the household goods giant offset a weak performance in Europe &#8211; its biggest sector &#8211; where net revenues fell 1%.</p>
<p>It is targeting further sales and profits growth in 2011, although at a reduced pace for earnings due to a tough global economic backdrop.</p>
<p>Pre-tax profits rose to £2.14 billion in 2010 despite a 2% fall in the fourth quarter, with Reckitt meeting its own forecasts for 6% revenues growth and coming in just shy of the 16% net income goal.</p>
<p>It is aiming to double sales growth this year, but it expects net income to rise by a more muted 10%.</p>
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