Unilever PLC : 4.5% organic growth. Slightly better but reported sales below
>Q3 sales slightly below in reported terms - Unilever released Q3 sales of € 15,246m, flat vs Q3 2023 and vs the VA consensus at +1.2%. The gap comes from a more-negative-than expected FX impact (-2.8% vs css at -2.0%) and scope effect (-1.5% vs css at -0.7%). Nevertheless, the organic sales growth of 4.5% is better than expected (VA css at 4.1% and ODDO BHF at 3.4%) with a price effect of 0.9% that is in line but a volume/mix of 3.6% that is better (VA css at 3...Unilever is a consumer goods manufacturing group based in the United Kingdom. Co. is engaged in supplying consumer goods in the refreshments, foods, home and personal product categories. Co. supplies its consumers product for nutrition, hygiene and personal care and is active in emerging markets in Asia, Africa, Central & Eastern Europe and Latin America. Co.'s portfolio includes such well-known brands as Knorr, Lipton, Hellmann's, Magnum, Omo, Dove, Lux and Axe/Lynx. Co. manages its brands under the following four category headings: savoury, dressings and spreads; ice cream and beverages; personal care; and home care. Co.'s products are sold in over 190 countries around the world.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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