Unilever PLC (UL) Reports FY EPS of EUR2.60; initiates outlook

Unilever PLC (NYSE: UL) reported FY EPS of EUR2.60. Revenue for the year came in at EUR59.6 billion.

OUTLOOK:

We expect underlying sales growth (USG) for 2024 to be within our multi-year range of 3% to 5%, with more balance
between volume and price.
We anticipate a modest improvement in underlying operating margin for the full year. We will deliver this through
gross margin expansion, driven by a step-up in productivity and net material inflation back to more normal levels.

For earnings history and earnings-related data on Unilever PLC (UL) click here.

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