The revised 2026 target is about 5.5% organic sales growth; third-quarter organic sales growth was 9.6%.
The revised outlook, announced in an Oct. 29 trading update, compares with the company’s earlier forecast of 3% to 5%. Third-quarter revenue increased 12.1%.
Volume growth was 7.3%, while price growth was 2.2%. The company attributed the quarter’s growth to innovation and improved execution.
The company expects productivity savings and operating leverage to offset higher costs, primarily those linked to oil and energy prices.
