Actionable news
0
All posts from Actionable news
Actionable news in UL: UNILEVER PLC,

Unilever Beats Estimates For First Half Earnings, Sees Full Year Margin Improvement

Unilever plc (UL) posted solid earnings for the first six months of the year and said it sees margin improvement and accelerating growth into the second half of 2017.

Unilever said earnings per share rose 14.4% from the same period last year to €1.13 for the six months ending in June, well ahead of the FactSet consensus of €0.84 per share. Sales for the period, the company said, rose 5.5% to €27.7 billion ($31.9 billion). Underlying sales growth for the second quarter rose 3%, the company said, to €14.4 billion, just shy of the company-supplied consensus of 3.2%.

"Our first half results show continued growth well ahead of our markets and a substantial step-up in profitability despite the persisting volatile global trading...


More