Unilever Raises Sales Guidance on 5.8% Second-Quarter Growth, Volume Surge Hits 16-Year High
Unilever reported second-quarter underlying sales growth of 5.8%, beating company-compiled estimates and marking a 16-year high in volume growth, while pricing contributed just 0.2%.
The company raised its full-year underlying sales guidance to the 4% to 6% range and lifted its volume growth forecast to around 3%. Beauty and home care led the advance, with sales jumping 8.1% and 9.1% respectively, while foods saw a 0.2% underlying increase.
From the sources (4 posts)
@wallstengineUNILEVER RAISES OUTLOOK AS VOLUME GROWTH REACHES 16-YEAR HIGH $UL, Underlying sales grew 5.8%, up from 3.1% a year earlier and above company-compiled estimates. The increase was driven primarily by higher volumes, while pricing contributed
@businessUnilever's sales rose more than expected as consumers in key markets snapped up its Dove soap
@esm_magazineConsumer goods giant Unilever beat second-quarter sales growth estimates on Tuesday, helped by higher volumes and prices, as its home care and beauty brands benefited from consumers reaching for trusted household names despite uncertainty f
@gbafreviewReport from Global Banking & Finance Review Unilever beats Q2 sales estimates as growth accelerates. Key takeaway: sustained consumer demand and strategic pricing drive momentum in a challenging market. #Unilever #SalesGrowth #Q2Results