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Three months ended 31 March 2026 (unaudited)

Q1 20261

Three months ended 31 March 2026

Reported revenue (£m)

Organic revenue growth2

Reported revenue growth

Haleon

2,857

+2.2%

+0.1%

Geographical segment

North America

932

+1.0%

(4.9)%

EMEA & LatAm

1,240

+2.1%

+4.4%

APAC

685

+4.0%

0.0%

Product category

Oral Health

932

+8.3%

+5.9%

VMS

414

+1.7%

(0.5)%

Pain Relief

654

(0.3)%

(1.1)%

Respiratory Health

499

(3.4)%

(5.0)%

Digestive Health

239

(0.4)%

(5.9)%

Therapeutic Skin Health and Other

119

+3.0%

+1.7%


Q1 organic revenue growth of +2.2% with North America returning to growth

  • Organic revenue growth2 of 2.2% with price up 2.4% and volume down 0.2%, weak cold and flu season
    estimated at c.130 bps impact in the quarter 
  • North America delivered organic revenue growth of 1.0% despite a weak cold and flu season with
    growth initiatives progressing well 
  • Continued strong momentum in Oral Health driven by Sensodyne and parodontax
  • Innovation remains a key growth driver. Highlights include continued roll out of innovation across Sensodyne Clinical Platform, Panadol Dual Action and activations across Centrum
  • Emerging markets organic revenue growth of 4.3% reflected a weaker macro-economic backdrop and
    performance in Brazil, and soft cold and flu season in APAC and Central & Eastern Europe

Disciplined capital allocation underpinning shareholder returns

  • £500m allocated to share buybacks in 2026 with c.36% completed

Reiterating FY 2026 guidance

  • FY 2026 organic revenue growth of 3-5% with growth expected to accelerate in remainder of the year 
  • Supply chain productivity initiatives continuing to drive gross margin expansion and investment 
  • High-single digit adjusted operating profit growth at constant currency

Brian McNamara, Chief Executive Officer, said: 

“We delivered a competitive performance in a challenging market, with North America returning to growth and Oral Health again performing strongly, with innovation and geographic expansion driving double-digit growth in Sensodyne and parodontax. This was tempered by a weak cold and flu season.

We continue to make progress against our other strategic priorities, with our productivity initiatives driving strong gross margin improvement, supporting our confidence in high single-digit operating profit growth for the year. We are also moving forward on the operating model changes we set out in January, which are designed to drive growth and agility.

Looking ahead, while we continue to navigate global geopolitical and macroeconomic uncertainties, we expect growth to accelerate across the balance of the year and remain on track to deliver on our FY guidance.”



2026 Outlook

For FY 2026 the Group continues to expect:

  • Organic revenue growth of 3%-5%
  • High-single digit adjusted operating profit growth at constant currency
  • Net interest c.£255m; Adjusted effective tax rate c.24.5%

Foreign exchange

The Group now expects a broadly neutral foreign exchange translation impact on net revenue and adjusted operating profit respectively, this is based on Bloomberg forward consensus rates averaged over 20265.

Medium term guidance

Haleon’s medium-term guidance is as follows:

  • 4-6% annual organic revenue growth
  • High-single digit adjusted operating profit growth at constant currency

Presentation for analysts and shareholders

A short presentation followed by Q&A will be hosted by Brian McNamara, Chief Executive Officer, and Dawn Allen, Chief Financial Officer at 9:00am BST (10:00am CEST) on 29 April 2026, which can be accessed at www.haleon.com/investors/.

For analysts and shareholders wishing to ask questions on the Q&A call, please use the dial-in details below which will have a Q&A facility:

UK: +44 (0) 808 189 0158
US: +1 855 979 6654
All other: +44 (0) 203 936 2999
Passcode: 975813

An archived webcast of the presentation will be available later on the day of the results and can be accessed at www.haleon.com/investors.

Financial timetable

Annual General Meeting

29 April 2026

H1 2026 Results

30 July 2026

Q3 2026 Trading Statement

29 October 2026


Annual General Meeting 29 April 2026 H1 2026 Results 30 July 2026 Q3 2026 Trading Statement 29 October 2026


Enquiries Investors  Media
Jo Russell                     +44 7787 392441 Zoë Bird                       +44 7736 746167
Rakesh Patel               +44 7552 484646 Victoria Durman         +44 7894 505730
Email: investor-relations@haleon.com Email: corporate.media@haleon.com

About Haleon plc

Haleon (LSE/NYSE: HLN) is a consumer company that is solely focused on better everyday health. Our people, our brands, our research, our investment and our innovation are aimed at improving the everyday health of consumers. Our product portfolio spans six major categories - Oral Health, Vitamins, Minerals and Supplements (VMS), Pain Relief, Respiratory Health, Digestive Health and Therapeutic Skin Health and Other. Our superior brands - such as Advil, Centrum, Otrivin, Panadol, parodontax, Polident, Sensodyne, Theraflu and Voltaren are trusted by more than one billion consumers and are recommended by health professionals around the world.


Notes and forward looking statements

1. All numbers within this release are unaudited and are organic unless referenced otherwise. The commentary in this announcement contains forward looking statements and should be read in conjunction with the cautionary note in the Appendix

2. Reported revenue is calculated at the average rate for the period. Organic revenue growth is calculated at constant currency and excludes the impact of divestments, acquisitions, manufacture and supply agreements (MSAs) relating to divestments and closure of production sites. The difference between reported and organic revenue growth is predominantly due to adjustment to recalculate the reported results as if they had been generated at prior year exchange rates. Organic revenue growth, organic operating profit growth and adjusted operating profit are non-IFRS measures; definitions and calculations of organic revenue growth can be found in the Appendix

3. Market share statements throughout this announcement are estimates based on the Group’s analysis of third-party market data of revenue including IQVIA, IRI and Nielsen data. Represents % of brand-market combinations gaining or maintaining share (this analysis covers c.90% of Haleon’s total revenue)

4. Classification of developed and emerging markets sourced from The International Monetary Fund DataMapper 2022

5. As of 31 March 2026