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Unilever ( (GB:ULVR) ) has shared an update.
Unilever’s 2024 full-year results showcased a 4.2% increase in underlying sales growth driven by volume expansion and a significant improvement in gross margin. The company’s strategic focus on its Power Brands and transformation initiatives, such as the Growth Action Plan and portfolio optimization, have positioned it for sustained growth despite a challenging market environment. Operating profits rose, and the company announced a share buyback and a dividend increase. Unilever’s efforts in evolving its market strategies in regions like Indonesia and China are expected to yield positive outcomes in 2025, with the separation of its Ice Cream business on track.
More about Unilever
Unilever PLC is a global company operating in the fast-moving consumer goods (FMCG) industry, known for its diverse range of products in segments such as beauty and wellbeing, personal care, home care, foods, and ice cream. The company focuses on premium segments and innovative brands, with a significant market presence in both developed and emerging markets.
YTD Price Performance: 3.85%
Average Trading Volume: 3,377,781
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £116.6B
For an in-depth examination of ULVR stock, go to TipRanks’ Stock Analysis page.
