Unilever (GB:ULVR) has released an update.
Unilever reported a robust first half of 2024 with underlying sales growth of 4.1% and a turnover increase of 2.3% to €31.1 billion, fueled by strong performance in their Power Brands. The underlying operating profit surged by 17.1% to €6.1 billion, alongside a significant underlying operating margin improvement to 19.6%. Additionally, the company raised its quarterly dividend by 3% and commenced a €1.5 billion share buyback program.
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