Unilever: beats consensus in 2017
(CercleFinance.com) - Unilever has reported 2017 earnings that are up 16.
9% at 6.5 billion euros, or 2.15 euros per share.
Underlying EPS rose by 10.7% to 2.24 euros, beating the consensus by three cents.
The Anglo-Dutch group's underlying operating margin improved by 110 basis points to 17.5%, with turnover of 53.7 billion euros, up 1.9% as reported and up 3.1% in underlying terms.
For full-year 2018, the consumer goods giant (including brands such as Axe, Cif, Dove, Lipton, etc.) is still aiming at an improvement in its underlying operating margin, with 3% to 5% growth in turnover.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
9% at 6.5 billion euros, or 2.15 euros per share.
Underlying EPS rose by 10.7% to 2.24 euros, beating the consensus by three cents.
The Anglo-Dutch group's underlying operating margin improved by 110 basis points to 17.5%, with turnover of 53.7 billion euros, up 1.9% as reported and up 3.1% in underlying terms.
For full-year 2018, the consumer goods giant (including brands such as Axe, Cif, Dove, Lipton, etc.) is still aiming at an improvement in its underlying operating margin, with 3% to 5% growth in turnover.
Copyright (c) 2018 CercleFinance.com. All rights reserved.