Unilever Continues To Expect FY24 Underlying Sales Growth To Be Within Its Multi-year Range Of 3% - 5%, With Increasing Contribution From Volume Growth
Portfolio Pulse from Benzinga Newsdesk
Unilever projects its FY24 underlying sales growth to remain within the 3%-5% range, anticipating a greater contribution from volume growth.
April 25, 2024 | 8:22 am
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Unilever expects FY24 sales growth to align with its 3%-5% target, driven more by volume.
Unilever's projection of staying within its sales growth target range suggests a positive outlook on its operational performance and market demand. The emphasis on volume growth indicates an expectation of increased market penetration or product demand, which can positively influence investor sentiment and potentially lead to a rise in stock price in the short term.
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