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UK's Haleon set for worst day since debut after outlook cut, sales miss

By Reuters News

** Haleon HLN.L shares tumble as much as 17% to 310.5p by 1051 GMT

** Stock set for worst day since 2022 listing, if losses hold

** HLN worst performer on European and British benchmark indices .STOXX, .FTSE

** Consumer health group cuts 2026 revenue growth forecast to ~2.5%, below analysts' expectation

** Q3 organic revenue misses estimates

** CEO warns staff of "difficult choices" ahead, according to memo seen by Reuters

** Top end of medium-term organic revenue growth target "looks like a stretch" - RBC Capital Markets

** Adds consumer health remains among least-favoured sectors following rival Reckitt's RKT.L results

** HLN down ~13% YTD

https://www.reuters.com/graphics/HALEON-STOCKS/gdvzggmrqpw/chart.png

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