Unilever Surpasses Market Expectations with Robust Sales Growth
Unilever's second-quarter sales growth exceeded expectations at 3.8%, driven by increased pricing. The company's ice cream division, The Magnum Ice Cream Company, is set to demerge in November. Unilever's half-year operating profit reached 5.8 billion euros, slightly surpassing market forecasts.
Unilever, the consumer goods giant known for Dove and Vaseline, announced impressive sales growth for the second quarter, surpassing market predictions.
The company achieved a 3.8% increase in underlying sales, outperforming the anticipated 3.6%. Additionally, its ice cream sector, The Magnum Ice Cream Company, is preparing for an impending demerger slated for mid-November.
Despite these changes, Unilever has maintained its long-term forecast for 2025. The company reported an impressive operating profit of 5.8 billion euros for the first half of the year, slightly above the expected 5.7 billion euros.
(With inputs from agencies.)
Advertisement
Google News