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.