- Unilever (NYSE:UL): Q1 Revenue of €12.33B (-0.9% Y/Y) beats by €280M.
- Underlying sales +5.7%, estimate +3.37%
- Underlying volume +4.7%, estimate +2.83%
- Underlying pricing +1.0%, estimate +0.97%
- Quarterly shareholder dividend of €0.4268/share and share buyback program of up to €3B to commence in May.
- "We are confident that we will deliver underlying sales growth in 2021 within our multi-year framework of 3-5%, withthe first half around the top of this range. We expect to increase underlying operating margin slightly for the full year, though with a decline in the first half driven by Covid-19 impacts, higher cost inflation and increased marketing spend over the prior year," says Alan Jope, CEO.
- Shares +3% PM.
- Press Release