Unilever FY24 Outlook Unchanged With 3%-5% USG And An Underlying Operating Margin Of At Least 18%
Portfolio Pulse from Benzinga Newsdesk
Unilever maintains its FY24 outlook with expected underlying sales growth of 3%-5% and an operating margin of at least 18%. The growth is primarily volume-driven, with increased brand investment.
October 24, 2024 | 4:24 pm
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Unilever's FY24 outlook remains unchanged, expecting 3%-5% sales growth and an operating margin of at least 18%. The growth is primarily driven by volume, with increased investment in brands.
Unilever's unchanged outlook suggests stability in its financial performance, with expected growth driven by volume and brand investment. This indicates a steady performance, likely resulting in a neutral short-term stock impact.
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