The FX PostThe FX Post
    What's Hot

    Man charged in New York with 3-week kidnapping to try to steal Bitcoin

    May 30, 2025

    Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026

    May 29, 2025

    Second suspect in New York bitcoin kidnapping surrenders to police

    May 28, 2025
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home » Unilever Reports Strong Sales Growth in First Half of 2023
    News

    Unilever Reports Strong Sales Growth in First Half of 2023

    August 13, 20232 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    Key Highlights

    Unilever, the Anglo-Dutch retailer, released its results for the first half of 2023 on Tuesday, revealing impressive performance. Here are the highlights:

    Underlying Sales Growth: Unilever achieved a remarkable underlying sales growth of 9.1% in the first half of the year and 7.9% in the second quarter. These figures surpassed the company’s own consensus forecast of 8.3% and 6.4%, respectively.

    Turnover: The company reported a turnover of €30.43 billion ($33.68 billion) for the first half and €15.74 billion for the second quarter. Analysts had predicted figures slightly below these results, with estimates of €30.34 billion and €15.59 billion respectively.

    Key Factors Behind the Results

    Unilever’s sales growth in the first half was primarily driven by a 9.4% increase in prices, despite a slight decrease of 0.2% in volumes. Analysts had anticipated price growth of 9.0% and a volume decline of 0.7%, according to a consensus forecast obtained from the company’s website.

    Guidance Upgrade

    Unilever has revised its guidance for full-year underlying sales growth in 2023 to exceed 5%. Previously, the company had aimed for the upper end of its multiyear range of 3%-5%. This revised outlook reflects the expectation of sustained moderate underlying price growth throughout the year. Unilever also anticipates a modest improvement in underlying operating margin for the full year due to an increase in gross margin and higher brand investment.

    Inflation Outlook

    Unilever foresees net material inflation for 2023 to be approximately €2.0 billion, with around €400 million expected in the second half of the year.

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    financial results Forecast sales growth Unilever
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    Man charged in New York with 3-week kidnapping to try to steal Bitcoin

    May 30, 2025

    Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026

    May 29, 2025

    Second suspect in New York bitcoin kidnapping surrenders to police

    May 28, 2025

    Apple to debut dedicated gaming app within days of Nintendo Switch 2’s arrival

    May 28, 2025
    Add A Comment

    Leave A Reply Cancel Reply

    44  +    =  52

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • Man charged in New York with 3-week kidnapping to try to steal Bitcoin
    • Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026
    • Second suspect in New York bitcoin kidnapping surrenders to police
    • Apple to debut dedicated gaming app within days of Nintendo Switch 2’s arrival
    • Satoshi Nakamoto, BlackRock, and TechBerry — a new investigation by Newsweek
    Featured Reviews

    Traders Connect Review

    May 18, 2023

    System Levels Review

    May 26, 2023
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Crypto Robot
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2025, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.