Unilever: keeps rising after interim results.
(CercleFinance.com) - Unilever is up another 0.
4% today, following a similar rise yesterday, after announcing H1 underlying EPS that is up 14% at 1.13 euro, i.e. 11 cents above the consensus.
The Anglo-Dutch consumer goods giant increased its underlying operating margin by 180 bp to 17.8%, on sales that were up 5.5% at 27.7 billion euros (+3% in underlying terms).
For FY 2017, Unilever confirms its target of achieving underlying sales growth of between 3% and 5%, and now expects to improve its underlying operating margin by at least 100 basis points.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
4% today, following a similar rise yesterday, after announcing H1 underlying EPS that is up 14% at 1.13 euro, i.e. 11 cents above the consensus.
The Anglo-Dutch consumer goods giant increased its underlying operating margin by 180 bp to 17.8%, on sales that were up 5.5% at 27.7 billion euros (+3% in underlying terms).
For FY 2017, Unilever confirms its target of achieving underlying sales growth of between 3% and 5%, and now expects to improve its underlying operating margin by at least 100 basis points.
Copyright (c) 2017 CercleFinance.com. All rights reserved.