Unilever PLC : A good, high quality start to the year: +2.2% volume/mix and +2.2% price
>Q1 sales 2% above expectations - Q1 sales at € 14,963m were up +1.4% (vs cons. at -0.7%) with a forex effect of -2% (vs css at -3% ), a scope impact of -0.9% and organic growth of 4.4% vs the consensus at 2.9%.The outlook for 2024 is confirmed with 3% to 5% l-f-l, moderate margin improvement. The CEO highlighted increasing confidence in accelerating gross margin expansion and delivering sustained volume growth and a positive mix. On ice cream and the sepa...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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