Unilever PLC 1H EPS EUR1.40

Unilever reports underlying sales growth of nearly 8% in second quarter

Unilever said Tuesday that its second-quarter sales growth beat expectations, as price increases outweighed a slight decline in volumes, and it raised full-year guidance.

"As underlying price growth has sequentially moderated from 13.3% in the fourth quarter of 2022, volumes were virtually flat with a step-up in performance in Beauty & Wellbeing and Personal Care offsetting volume declines elsewhere," it said. The company said first-half pretax profit was 5.27 billion euros compared with EUR4.36 billion a year earlier.

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