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Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Investing.com -- Unilever (AS:ULVR) shares surged on Thursday after the consumer goods giant reported a strong first half of 2024, beating market expectations. The company reported underlying sales growth of 4.1%, driven by both volume increases and pricing strategies.

Unilever's Power Brands, which contribute approximately 75% of turnover, spearheaded this growth with a 5.7% rise in underlying sales. The company's focus on fostering high-quality sales growth and expanding gross margins has yielded positive outcomes.

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

Unilever shares soar on strong H1 results, margin expansion

Thu, 25 Jul 2024 05:20:01 -0500

Gross margin improved by 420 basis points to 45.7%, bolstered by volume leverage, optimized product mix, and increased productivity gains.

Analysts from RBC Capital Markets

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