Unilever Likely to Report Steady Volume Growth -- Market Talk

Dow Jones04-24

1150 GMT - Unilever is expected to report continued growth in 1Q sales volumes despite turnover being anticipated to drop, a company-compiled market consensus shows. The Anglo-Dutch multisector retailer--which owns consumer brands such as Dove soap, and Cif and Domestos cleaning products--is forecast to report a turnover of EUR14.66 billion, down from EUR14.75 billion in the same period a year ago. However, underlying sales growth is estimated at 3.0%, driven by a 1.8% price increase and volume rise of 1.2%. Unilever's volumes returned to growth in the last quarter, up 1.8%, for the first time in two years, when consumer-goods companies started to lift prices to pass on inflationary pressures to consumers, often sacrificing their sales volumes. Unilever shares are up 0.5%, but down 12% on a 12-month basis. (michael.susin@wsj.com)

(END) Dow Jones Newswires

April 24, 2024 07:50 ET (11:50 GMT)

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The Anglo-Dutch multisector ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UL","symbol_name":"联合利华(英国)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2429432760","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429432760","pubTimestamp":1713959400,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1150 GMT - Unilever is expected to report continued growth in 1Q sales volumes despite turnover being anticipated to drop, a company-compiled market consensus shows. 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